South Korean director Hyeon-seung Lee says the toughest thing about getting a project done is investment.
“The gap between investment and what’s needed to make films is large,” said Hyeon-seung Lee. “If investments fall short, then creativity unfortunately compensates and suffers in the process.”
Since the early 2000s, Korean films have shown continuous growth in the box office. Cultural and social changes, the emergence of new film generation, changes in the film industry, and the development of film discourse were the driving forces of behind the Korean film renaissance. The growth of the film industry has been achieved not by international films but by the growth of Korean films.
Hyeon-seung Lee hopes to find out how to diversify profits made from films so that directors and producers don’t only rely on box office sales. He says that cable TV and digital platforms have helped to expand film profits, but that people still need to come together to understand the different ways that audiences watch films, and how potential profits that could be made via other means besides cinema. He is happy to see the government playing a role in supporting productions.