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BUDGET SLASHED AT BANGKOK FILM FESTIVAL
Monday, June 16 2008
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The Bangkok Film Festival, which for a time seemed destined to become the Cannes festival of Asia, will apparently become a shadow of its former self. The Federation of National Film Associations of Thailand and the Thai Directors' Association announced that they plan to keep the festival alive this year with an event to take place during the week of Sept. 23-30 that has a budget of just $750,000. The last Bangkok Film Festival held before the 2006 coup d'etat had a budget of $5 million, while last year's, a drastically scaled back version presented by Thailand's Tourism Authority, was budgeted at $2 million.
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