Busan:The Red Sea Fund, associated with the Red Sea Film Foundation, participated in a panel discussion called 'A Conversation on Film Funds' during the Asian Contents and Film Market, which took place alongside the Busan International Film Festival in South Korea.
According to Saudi Press Agency, the fund was represented by Mai Al-Shaibani, Initiatives Manager, who joined representatives from several Asian film institutions and funds. The panel focused on mechanisms for financing and developing film projects, as well as the role of support funds in empowering filmmakers, expanding production, and fostering international collaboration opportunities.
The session included insights from several organizations such as the Asian Cinema Fund, Film Philippines, the Korean Film Council Fund, the Purin Film Fund, and the International Co-Production Fund. They explored various financing models and opportunities for cooperation within the film industry.
Additionally, the Red Sea Fund participated in the market by presenting an award to support one of the participating projects. The 31st Busan International Film Festival featured 10 films supported by the Red Sea Film Foundation.
Since its inception in 2021, the Red Sea Fund has supported more than 280 films and has selected approximately 30 projects from 916 applications in the first two rounds of 2026. These efforts are part of the fund's mission to strengthen the international presence of film talent by supporting projects through development, production, and post-production stages.
