CJ vice chair’s “Parasite” acceptance speech raises eyebrows at 2020 Oscars

Posted on : 2020-02-12 17:20 KST Modified on : 2020-02-12 17:20 KST
Lee Mi-kyung’s limelight presence reveals financial underbelly of Korean film industry
CJ Group Vice Chair Lee Mi-kyung, under the suspicious title of “chief producer,” makes an acceptance speech for the best picture award at the 2020 Academy Awards after Bong Joon-ho’s “Parasite” was announced the winner on Feb. 9. (Yonhap News)
CJ Group Vice Chair Lee Mi-kyung, under the suspicious title of “chief producer,” makes an acceptance speech for the best picture award at the 2020 Academy Awards after Bong Joon-ho’s “Parasite” was announced the winner on Feb. 9. (Yonhap News)

An acceptance speech by CJ Group Vice Chair Lee Mi-kyung after director Bong Joon-ho’s film “Parasite” won the Academy Award for best picture has been sparking criticism.

The best picture Oscar is traditionally given to a film’s producer. On the Academy’s website, the awardee list shows the names of Barunson E&A CEO Kwak Sin-ae and director Bong Joon-ho. Kwak delivered her acceptance speech first when the award was given. Just as Lee was moving in front of the microphone, the lights went out; they were turned back on after actors in the front row called for the speeches to continue. Lee proceeded to speak at some length -- even making sure to include a message of thanks to her younger brother, CJ Group Chairman Lee Jay-hyun. Her appearance sparked both curiosity among viewers wondering who she was, as well as questions from critics as to whether she should have been appearing instead of the actors or director.

Lee is listed as the “chief producer” for “Parasite.” A somewhat unusual title in the film industry, it is a role more accurately characterized as “investor.”

Lee continued investing in and supporting Bong’s films even amid censorship efforts during the Park Geun-hye administration and spent over 10 billion won (US$8.49 million) on a publicity campaign for the Oscars. CJ commented that her contributions were “more than enough to qualify her to give an acceptance speech” -- and quite a number of people agree.

Others recognized Lee’s contribution but suggested that she was going overboard by stepping into the limelight.

“I’ve never once seen Lee Mi-kyung make a formal appearance in Chungmuro [the center of the South Korean film industry],” said critic Jeong Ji-wook. “It was rather questionable for her to be taking center stage with her unusual ‘chief producer’ title at the Academy Awards, which investors are not eligible to attend.”

Kang Yu-jeong, a professor at Kangnam University, said, “Lee Mi-kyung has obviously contributed to the advancement of South Korean cinema, but it would have been better she’d quietly remained an ‘invisible hand’ all along.”

Revealing both lighter and darker sides of S. Korean cinema

Observers also said the moment illustrated both the lighter and darker sides of the South Korean film industry.

“It’s true that vertical integration by the kind of large corporations exemplified by CJ has been a foundation for the South Korean film industry’s swift growth,” Kang acknowledged.

“But the result of this has been uniformity in cinema, which focuses on large-scale commercial films, and that’s had the side effect of creating an environment where it’s more difficult for talented newcomers to emerge to become the ‘next Bong Joon-ho,’” she added, explaining that Lee’s actions “illustrated both these benefits and drawbacks.”

Some are also suggesting that Lee should work proactively to contribute to balanced development in South Korean cinema. Jeong Ji-wook said that Lee “needs to play a responsible role for the sake of South Korean film.”

“She should take concrete steps by easing the oligopoly and supporting independent film,” he suggested.

By Suh Jung-min, music correspondent

Please direct comments or questions to [english@hani.co.kr]

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