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What happened at the Busan festival and producers alliance launch?

Five independent producers' organisations from Korea, Indonesia, the Philippines, Hong Kong and Taiwan launched the Asian Producers Alliance at the Busan film market [1, 3]. The coalition aims to support co-productions across Asia and protect creators' intellectual property as the industry adapts to streaming [1]. Additionally, the Producers Guild of Korea and Sakha Filmmakers Association signed an agreement to develop co-productions and build links between their film industries [5], whilst the Philippines announced a reorganised International Co-Production Fund with two support tracks [6].

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