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Korean
Film News
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South Korean Screen Quota Halved
/ 2006-02-03 |
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On January 26 the South
Korean government announced the halving of the Screen Quota from July 1, 2006.
The Screen Quota, which required cinemas to show domestic movies for 106-146
days a year (30-40% of the year), will be reduced to 73 days.
The
measure was met with criticism from the Korean film industry, with leaders from
various groups supporting cultural diversity announcing that the Korean film
industry will protest against the reducing of the Screen Quota.
The
Ministry of Culture and Tourism announced its commitment to help the Korean film
industry in other ways, contributing \400 billion (US$400 million) to the film
industry in the coming five years. Half of this will be supplied by the
government, and half will be covered by a 5% levy on film tickets, starting in
2007.
France, Italy and other countries have chosen and are implementing
various measures like the Korean Screen Quota to support their local film
industries. In Korea the reduction took place as the country prepares to start
negotiations on a free trade agreement (FTA) with the United States. US trade
representatives have long argued for a reduction in the quota. |
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