All posts by Patrick Frater

Busan: Korea’s ‘After My Death,’ Iran’s ‘Blockage’ Win Competition

Films from South Korea and Iran were announced Saturday as joint winners of the Busan Film Festival’s main competition section. Kim Ui-seok’s “After My Death” and Mohsen Gharaei’s “Blockage” won the New Currents competition which focuses on first and second features by filmmakers from Asia. “My Death” is critique of the world where reason and […]

China’s SARFT Head Calls Korean Film, TV Blockade an ‘Emotional Issue’

Zhang Hongsen, head of China’s powerful media regulator, says that the country’s blockade against South Korean films and TV shows is an “emotional issue.” Zhang, deputy director of the State Administration of Press Publication Radio Film and Television (SAPPRFT), was speaking on Friday in Beijing on the sidelines of the Communist Party’s once-in-five-years National Party […]

Busan: Hong Sang-soo Film Trio Set for U.S. Release

Specialty distributor, The Cinema Guild has acquired U.S. rights to a trio of films by South Korean auteur Hong Sang-soo. It acquired “The Day After,” “Claire’s Camera,” and “On the Beach at Night Alone,” which were represented by Finecut at Busan’s Asian Film Market. Cinema Guild aims to release them theatrically in 2018, most likely […]

Magic Leap Confirms $500 Million Finance Round led by Temasek

Mixed reality hardware startup, Magic Leap has confirmed that it has raised $502 million in a funding round led by Singapore’s sovereign wealth fund Temasek. The firm previously raised more than $1.3 billion from investors including Google, Alibaba and Qualcomm, and was valued $4.5 billion at the point of its last fundraise in early 2016. […]

APSA to Honor Late Abbas Kiarostami, Newcomer Ilgar Najaf

The Asia Pacific Screen Awards are to honor the late Iranian auteur Abbas Kiarostami with a special prize. It has commended Kiarostami’s final feature “24 Frames” and will give him posthumous admission to the APSA Academy. “’24 Frames’ is an exquisite reverie on scenes from nature. Through still, but precise frames, and aided by subtle staging […]

Village Rockstars,’ ‘Summer 1993’ win Mumbai Film Festival

Rima Das’ “Village Rockstars” won the golden gateway prize for best film in the India Gold competition, at the Mumbai Film Festival (Oct. 12-18). The festival concluded on Wednesday. “Village Rockstars” also won best film on gender equality. Bornila Chatterjee’s “The Hungry” merited a jury mention in the category. Rahul Jain’s “Machines” took the silver […]

China’s Bona Poised to Raise $215 Million Through Local IPO

Chinese film producer and distributor, Bona Film Group is poised to raise $215 million through an initial public offering on one of China’s stock markets. The company is expected to be valued at upwards of $2.4 million, according to Chinese news agency CGTN. That compares with just under $816 million (RMB5 billion) when the company […]