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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.

The April Fool’s Day announcement that Hulu alum Jason Kilar had been named CEO of WarnerMedia surprised many within the company. In his new role, Kilar will oversee all of the entertainment units acquired by AT&T in its 2018 deal for TimeWarner — including Warner Bros., the Turner cable channels, and HBO. Kilar’s experience at [...

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