Busan: Why The 2013 Fest Snubbed Hollywood

Sent! A link has been sent to your friend’s email address. Join the Nation’s Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Julianne Moore gets star on Hollywood Walk of Fame Cindy Clark, USA TODAY 5:31 p.m. EDT October 3, 2013 The four-time Oscar nominee’s star was unveiled on Thursday. Actress Julianne Moore poses on her just unveiled ‘star’ on Oct. 3, 2013 in Hollywood, Calif. Moore was the recipient of the 2,507th star in the category of Motion Pictures along the Hollywood Walk of Fame. (Photo: Frederic J. Brown/AFP/Getty Images) SHARE 12 CONNECT 5 TWEET COMMENTEMAILMORE Julianne Moore is the latest famous face to receive a star on the Hollywood Walk of Fame. The four-time Oscar nominee, clad in a sunny Dolce & Gabbana dress, was the recipient of the 2,507th star in the category of Motion Pictures along the Hollywood Walk of Fame. The unveiling ceremony took place on Thursday, and Moore gamely got down to pose next to her star.

films account for 36.8 percent. In one weekend in late September, Korean films accounted for more than 70 percent of the take, and eight out of the top 10 highest-grossing films this year are Korean — with all eight of them bringing in more than 5.5 million admissions. The domestic drama Miracle in Cell No. 7 — which screened in 2012 in Busan — became one of the highest-grossing local releases of all time with 12.8 million admissions. The only two Hollywood films on the list are Iron Man 3 (third place with 9 million admissions) and World War Z (10th with 5.2 million admissions). Similar things are happening in other markets in the region. Suh Young-joo, CEO of influential Korean sales banner Finecut, tells THR that she has heard of some buyers checking out Busan ahead of other, far more established industry events like MIPCOM in Cannes. “That seems to speak for Busan’s growing influence in Asia,” says Suh. “We are showcasing eight films at the Busan market this year, and all of them are making their market debuts. The Busan International Film Festival is important because it’s a chance for us to introduce new works and to provide a preview for buyers.” Busan executive programmer Kim Ji-Seok is proud of the event’s focus on emerging filmmakers, pointing to the effort it took to program 94 films in the lineup that are debut or follow-up features. STORY:Busan Film Fest’s Asian Project Market Announces Selections “There is also a strong representation of Central Asian cinema,” says Kim.

China’s Quota Mess: Which Hollywood Blockbusters Could Get Left Out?

11 issue of The Hollywood Reporter magazine. our editor recommends China to Lift Ban on Sales of Video Games, Consoles As Leonardo DiCaprio and Harvey Weinstein were visiting China in late September to promote Wanda Group’s $8.2 billion studio project, new tensions were brewing between Hollywood and the state-run China Film Group. Studio sources in Beijing tell THR the government’s annual quota of 34 foreign movies is perilously close to full, though it remains unclear whether that means some high-profile U.S. films will be denied coveted releases in 2013. PHOTOS:Studios’ New Box Office Pain: Homegrown Films Are Beating Tentpoles Overseas “The slots do all appear to have been filled, but it’s always difficult to tell in China whether they might allow more — you can never be certain,” says one source. Another insider says the quota is “a fluid number, not set in stone.” Relations between Hollywood and China worsened this year after China Film Group refused to hand over hundreds of millions of dollars in box-office revenue because of a dispute over tax rates. The MPAA negotiated a deal in August that requires CFG to pay $100 million to $150 million owed. But now U.S. studio releases could be sidelined. Sources say some big titles — including The Lone Ranger (October), The Hobbit: The Desolation of Smaug and Thor: The Dark World (November) and The Hunger Games: Catching Fire (December) — already have been approved for release. But there are no slots available for other Hollywood movies, meaning such major titles as Summit/Lionsgate’s Ender’s Game and Disney’s Planes could be out. In 2012, China expanded its quota of overseas movies from about 20 to 34 a year, including 3D and Imax films. Since then, CFG has made several moves favoring homegrown titles over Hollywood fare. The result: Box-office revenue for domestic movies in China overtook that for foreign films during the first half of 2013. Of 146 titles screened in China during that span, 117 were domestic productions, and domestic film revenue was up 124 percent compared with the same period in 2012.