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Average Korean Film Production Cost W4 Billion

The average feature film cost almost four billion won to make last year.

According to the Korean Film Council, film production costs averaged three-point-92 billion won last year, nearly double the cost of two-point-one-five billion won in 2000.

Some 21 movies cost more than five billion won each, up 14 percent from 2004 when 15 films had similarly large budgets.

The number of local film productions has risen from 59 films in 2000 and 80 films in 2003 to 87 films made locally last year.

Reported by KBS WORLD Radio

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Newer : This Week's New Movie Releases

Older : Park Yong-ha Ranks Second on Oricon Single Chart

 Older news
  • Park Yong-ha Ranks Second on Oricon Single Chart
    2006/09/22 (Source)
    Actor/singer Park Yong-ha has once again proved his great popularity in Japan by ranking second on the Oricon single chart on the day of release of his single "You're the Best". In February, he ranked third on the chart with his third album.

    His first single album of the year unexpectedly contain,...
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  • Oscar Winning Director to Attend Pusan Festival
    2006/09/22 (Source)
    The Pusan International Film Festival has released its list of domestic and foreign guests headlined by acclaimed Hungarian director Istvan Szabo .
    Szabo's 1981 film "Mephisto" won the Academy Award for Best Foreign Language Film.
    Veteran Hong Kong actor Andy Lau will also attend, joined by Korean,...
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  • Animation "Dragon" broadcast nationwide in the USA via NBC Date
    2006/09/22 (Source)
    Image Plus (CEO: Jung, Won-Man) recently announced that Dragon, a joint animation production by Korea, Germany, and Canada, began broadcasting nationwide on Sept. 9 NBC in the USA.

    A stop-motion claymation based on Dav Pilkey's children's picturebook of the same title, Dragon is about the daily l,...
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