Staff Editor, Asia
Alinity almost banned again #shorts
Asian streamers and producers discussed survival strategies, including the launch of a joint content fund, to compete with Netflix's growing dominance at a conference at the Asian Contents and Film Market (ACFM) in Busan today.
Tcha Seungjae, a former producer and professor at Dongguk University, presented proposals to form a coalition of Asian OTT companies for “continued production and expansion of original content.”
Using Nordisk Film & TV Fund as a case study, Tcha proposed raising pan-Asian funds from both private and government sources. He also proposed developing plans to facilitate joint production and sales and purchase of each other's content. He also suggested that countries in the region cooperate in areas such as governance, profit sharing and training.