News Summary: Online donors save SKorean film

My Fox Spokane Biz
News Summary: Online donors save SKorean film

By The Associated Press

CROWDFUNDING: After being turned down by many investors over four years, one of South Korea's top film producers, Choi Yong-bae, raised nearly $404,000 from more than 12,000 people in less than three months to finance a film about a notorious South Korean president blamed for the massacre of democracy protesters.

SOCIAL MEDIA BUZZ: The online effort created enough interest to lure deep-pocketed individuals, and nearly 90 percent of the $4.1 million budget for the movie is secured.

LATE NOVEMBER RELEASE: It is not the first film about the May 1980 suppression of an uprising against former strongman Chun Doo-hwan in Gwangju city. But while earlier movies focused on victims' families, the main theme in "26 Years" is retaliation against those responsible for the massacre.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most Popular Stories

Obama To Visit Tornado-Ravaged OK Town

Obama To Visit Tornado-Ravaged OK Town
WASHINGTON (AP) - President Barack Obama will travel to tornado-ravaged Moore, Okla., on Sunday.    That's according to a White House official, who wasn't authorized to publicly discuss the trip ahead of the official announcement and requested anonymity.    A

Flooding forces evacuation of 1,300 in ND town

Flooding forces evacuation of 1,300 in ND town
By BLAKE NICHOLSON and DAVE KOLPACKAssociated Press BISMARCK, N.D. (AP) - A dam that threatened to give way and flood a North Dakota town was holding back the water on Wednesday, though the 1,300 residents of Cavalier were still being told to stay away from their homes. Steady rainfall between

LA stoplights synchronized but road war endures

LA stoplights synchronized but road war endures
By JOHN ROGERSAssociated Press LOS ANGELES (AP) - It seems that the impossible has occurred: The nation's most congested city has become a model for traffic control. Yes, gridlock still prevails and drivers' blood pressure still spikes as LA's traffic arteries seize up during every