Source : english.kbs.co.kr...
Moviegoers to Pay for Film Industry Support Plan
The government will inject W400 billion (US$400 million) into the film industry over the next five years to compensate it for a cut in the screen quota that so far guaranteed it a comfortable 176 days a year in the movie theaters. Half the money is to come from a 5 percent levy on tickets.
Filmmakers Lukewarm to Planned Subsidy
By Kim Tae-jong
Korea's film industry responded apathetically to the government's proposed measures to compensate it for reducing the screen quota and aimed instead at reversing the government's decision
"We believe that the film industry is a cultural sector that cannot be eas,...More
Seoul Decides to Reduce Screen Quota by Half
A policy protecting Korea's film industry is facing a drastic reduction.
The government announced today that starting this July, cinemas will only have to show Korean movies, for 73 days of the year.
That's half the current regulation, which was introduce four decades ago.
Kim Min-jung has the go,...More
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