Korea Unveils Measures to Help Coronavirus-Hit Film Industry

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The South Korean government has unveiled a package of measures to help the local film industry, which is currently reeling from the impact of the coronavirus outbreak. Chief among the measures is t…

The South Korean government has unveiled a package of measures to help the local film industry, which is currently reeling from the impact of the coronavirus outbreak. Chief among the measures is the decision to exempt multiplex chains from having to contribute to the country’s movie development fund. This normally operates as a mandatory contribution [...]The blockbusters will be postponed, the indie films in many cases will head straight to streaming.

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