South Korea, France to Invest €1 Billion in Film Industry
South Korea and France will invest a combined €1 billion ($1.16 billion) in their cinema and moving image industries over five years, beginning in 2027. South Korean President Lee Jae Myung announced the initiative on Monday in his speech at the Lumiere Summit in Saint-Paul-de-Vence, which he co-chaired with French President Emmanuel Macron. Under the initiative, each country will…