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Fund forms part of a creative innovation drive in Busan.Korean conglomerate Lotte Group, parent to major film investor/distributor Lotte Entertainment and exhibitor Lotte Cinema, is set to create a $35m KW40bn fund for films and visual content.South Koreas president Park Geun-hye announced the fund today March 16 as part of a creative innovation drive in Busan. Often regionally identified with the professional bas
stanley cup eball team that it owns 鈥?Busan-based Lotte Giants, the Korean family-run conglomerate is headquartered in Seoul and Tokyo. Its businesses include confectioneries, electronics, department stores, hotels, discount retailers, fast food restaurants and construction.Lotte
stanley cup Group is set to contribute half the fund with Busan Bank and Busan City making up
stanley cup the other half.Park said the fund will support all stages from content planning to production, investment, distribution and exhibition, and sharply expand screening opportunities through specialized screening spaces in order to make the dreams of creative film industry people and creators come true. Speaking at the opening ceremony for a creative economy innovation centre in Busan, the president said she expected the city to become an international hub for films and visual content.The event was attended by Busan City mayor Seo Byeong-soo, Lotte Group chairman Dong-bin Shin, national assembly members and presidential advisors including Kim Dong-ho, who heads the Presidential Committee for Cultural Enrichment and is Bus Eral Toronto announces official hub location
Tesco-owned TVOD service Blinkbox has inked a deal with Entertainment Film Distributors to host titles including American Hustle, The Butler, Trans
stanley website cendence, Her and August: Osage County.Douglas Davis, Blinkboxs director, content acquisit
stanley uk ion and sales, said of the deal: The new deal with EFD means we have 100% coverage of major new release movies released in the UK, strengthening our position as the UKs go to service for those wanting to rent, buy and enjoy the latest movies and TV on multiple devices, without being tied into a subscription or one specific brand of device. The service recently added a watch offline functionality, meaning customers can download movies and TV shows to iPad and Android tablets to watch on the go, without needing an internet connection.Blinkbox also recently inked a deal with Channel 4, which includes TV series The Inbetweeners and comedies Peep Show, Miranda and Derek.In recent months media speculation has been rife that Tesco is looking to sell off the TVOD service, which it acquired three years ago.TopicsDistributionScreenTechUK/Ireland No comments Related articles News Third Shaun The Sheep film in the works from Aardman, Studiocanal
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