Search results for "Holdback"

[Photo &] Discussion on “Holdback” in the Film Industry Heats Up…Minister Choi Hwi-young Formalizes Establishment of a Public-Private Consultation Body This Month

[Photo &] Discussion on “Holdback” in the Film Industry Heats Up…Minister Choi Hwi-young Formalizes Establishment of a Public-Private Consultation Body This Month

The Ministry of Culture, Sports and Tourism announces a multi-year overhaul of film production support grants and the distribution of 60 won viewing discount tickets. A “winning bet” with 27.1 billion won injected, distributing 4.5 million “movie viewing discount tickets”
A Signal for Reshaping the Film Ecosystem: Launch of a Public-Private Consultation Body for “Holdback”“Choi Hwi-young”, Minister of the Ministry of Culture, Sports and Tourism, zeroed in on the “holdback” system—an issue at the heart of sharp tensions between theaters and “OTT”.
“Korean Cinema Faces Collapse Crisis” Bong Joon-ho and 581 Others Urge Withdrawal of Holdback Bill

“Korean Cinema Faces Collapse Crisis” Bong Joon-ho and 581 Others Urge Withdrawal of Holdback Bill

A survival crisis amid Netflix pressure and conglomerate dominance. Calls for extraordinary measures such as introducing a screen cap and establishing a large-scale fund.
Facing the Collapse of the Korean Film Ecosystem, Urgent Appeals from Major FilmmakersA total of 581 leading figures in the Republic of Korea film industry, led by director Bong Joon-ho, strongly warned about 'the crisis in the Korean film industry' and urged 'extraordinary countermeasures' from...
Cliffside Korean Film Industry, Collective Action After 15 Years... Launch of 'Distributor Alliance' by 7 Companies Including Showbox and NEW

Cliffside Korean Film Industry, Collective Action After 15 Years... Launch of 'Distributor Alliance' by 7 Companies Including Showbox and NEW

Film Industry Unites After 15 Years... Calls for Structural Improvements Such as the Legalization of Holdbacks and Revenue-Based Statistics
Major domestic film distributors have formed a collective for the first time in 15 years to tackle the crisis in the film industry. On the 12th, seven distributors including Showbox, Film Company Big, Film Special City SMC, Ewha Baek Company, Triple Pictures, SY Comad, and NEW declared the official...