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Korea film fests buy in on pics

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The move into film acquisition and distribution is paying off for South Korea’s biggest film festivals.

Last year, the Jeonju Film Festival picked up Spanish helmer Pere Portabella’s “The Silence Before Bach” and released the film through its distribution arm in October, selling some 6,000 tickets despite the gloom of the local arthouse film market.

Encouraged by this success, Jeonju then acquired Japanese helmer Yokohama Satoko’s “Ultra Miracle Love Story,” set for a release later this month, as well as Mexican helmer Pedro Gonzalez-Rubio’s “To the Sea,” which closed the fest last year and will be released in May.

On a roll earlier this year, Jeonju picked up Jean Luc Godard’ “Film Socialism” and Bela Tarr’s “The Turin Horse” at Berlin, where it won the Jury Grand Prix. Those pics are also in the current edition of the Jeonju fest, which kicks off April 28.

Read the full story here >>

via Variety

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