A red light has been turned on at the Daejong Awards, a festival for filmmakers that was set to be held for the 60th time this year.
This is because the Korean Federation of Filmmakers, which has held awards ceremonies every year, has been confirmed bankrupt and has begun liquidation procedures.
Yesterday, the Federation of Korean Industries said in a statement, "We have been working on rehabilitation for about nine months since our bankruptcy was declared in December last year. However, we ended up going bankrupt due to the disagreement of our state creditors."
The General Association entered the rehabilitation process due to a debt of about 800 million won, but it seems that it has become difficult to bear these debts due to the nature of non-profit corporations maintained by members' membership fees and donations.
The Federation stressed that even if the organization is liquidated, it will continue its activities as a film association,
As a result of
, attention will inevitably be paid to whether the 60th Grand Bell Awards will be held normally this year.
The General Association is strongly determined to continue the Grand Bell Award.
Let's listen to the press conference last June.
[Yang Yun-ho / President of the Korean Federation of Filmmakers: Even if it is not the Young Korean Federation of Filmmakers, there will be a group of filmmakers and the Grand Bell Awards will continue. The 60th Grand Bell Awards will, in any case, bring together the will of filmmakers to overcome all difficulties and begin the leap into a global brand.]
The hosting of the Grand Bell Awards seems hopeful, but movie fans are disappointed and disappointed that the history of the film group, which has been around for more than 60 years, will disappear due to a debt of 800 million won.
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