News & Event
- Home
- News
- News & Event
According to Yonhap News,
A Gwangju-based cultural content company attracted investment worth KRW 6 billion.
According to Gwangju-si, Campfire Aniworks (CFA), who participated in Gwangju's support projects, attracted investment from China's Tencent Video, Live Fun, and EBS.
Campfire Aniworks (CFA) will broadcast 'Rainbow Bubble Jam' on Tencent Video, EBC, etc. from September next year domestically and internationally.
Campfire Aniworks (CFA) was founded in 2017, and took part in the city's support program in 2019-2020.
The city has been discovering and fostering competitive cultural content companies in animation and webtoon fields.
Since 2006, it has supported KRW 14 billion in 173 works, resulting in about KRW 30 billion sales.
In particular, Duda&Dada of Icecream Studio, supported by the city in 2011, has succeeded in co-production and investment agreements for its series 3.
'Bread Barbershop' by Monster Studio, to which the city provided support in 2016, has been distributed globally on Netflix.
A city official said, "we will apply AI technologies to cultural content to secure development of the cultural content industry and competitiveness of companies."
cbebop@yna.co.kr
Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution without permission is prohibited.
Source: Yonhap News (November 2, 2021)
** This article was translated from Korean.