Characters from the ACE Fair exhibit hall.
The ACE event is held annually and is sponsored by the Gwangju Metropolitan City. It consists of an International Forum, Licensing Plaza and a showcase for cultural content. It’s an exhibition for all types of cultural content providers from all over the world. There’s Biz Matching, Screenings, and Conferences.
That’s the official line!
Here’s the unofficial line………………Gwangju ACE Fair was developed to tap into the vast amount of animation business that’s flowing into China and, to a lesser extent, flowing into Seoul, South Korea. They want a piece of the Asian animation pie. The ACE Fair is expected to generate agreements between foreign studios and Korean studios, MOU’s (memos of understanding), and actual contracts.