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Korea and France Forge $1B Film Pact | South Korea News
President Lee Jae Myung announces a bold new chapter for Korean cinema as he meets global film leaders in France, pledging massive government support for international co-productions, investments, and distribution. He envisions Korea as a cultural powerhouse, leveraging its emotionally rich storytelling to attract global capital — even proposing a French-style tax incentive model to boost local filmmaking. With a landmark $1 billion joint investment pact with France set to launch in 2027, Korea is positioning itself as the go-to hub for cinematic innovation, uniting studios like Netflix and…
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