×
You will be redirected back to your article in seconds

South Korea Proposes Quotas For Art Movies

South Korea may introduce a theatrical quota system for homegrown art films.

The Korean Film Council (KOFIC) floated the proposal Thursday as part of a three-year action plan to promote local films.

The government agency, which is both a regulator and a financier of the industry, said that it may introduce the new system as a variation of the existing screen quota for local movies. These currently require all movie theaters in Korea to screen local films for a minimum of 73 days a year.

With Korean-made films enjoying a more than 50% share of ticket sales in the country the existing quotas currently have little operational impact on theaters.

Details and timetable for adoption of the new quota system for art films has yet to be firmly decided.

“We understand that it is practically impossible to impose the same rules on all exhibitors. Depending on the population of the city where each theater is located, and also the size of the theaters, unique requirements will be imposed,” said KOFIC chairman Kim Sae-hoon at a press conference.

The size and strength of vertically-integrated film conglomerates has often been cited as a problem for the independent sector, which has complained that access to screens is scarce and fleeting. In 2014 two of the biggest companies were fined for monopolistic behavior.

“We should take a very careful approach when setting limits on commercial multiplexes and interfering in market competition,” said Kim Hyun-soo, a KOFIC manager, at Thursday’s press conference. “Instead, we propose (more modest measures) to help art films be stably screened nationwide.”

Popular on Variety

More Film

  • Sybil

    Cannes Competition Movie 'Sybil' Finds North American Home With Music Box (EXCLUSIVE)

    Music Box Films has acquired the U.S. and Canadian rights to Justine Triet’s darkly comic drama “Sibyl” which competed at Cannes and had its North American premiere at Toronto in the Special Presentation section. Represented in international markets by mk2, the film follows the ambiguous relationship between Sybil, a jaded psychotherapist (Virginie Efira, “An Impossible [...]

  • Kent Jones Directs 'Diane'

    Kent Jones to Exit New York Film Festival (EXCLUSIVE)

    In a surprise move, New York Film Festival’s director and selection committee chair of seven years Kent Jones will step down following this year’s 57th edition, which runs Sept. 27-Oct. 13. The departure comes as Jones’ feature filmmaking career is taking off. Issues of potential conflicts of interest have arisen as his work has moved [...]

  • Ava-Mark-Split

    Ava DuVernay, Mark Ruffalo Selected for SAG-AFTRA Foundation Honors

    Ava DuVernay and Mark Ruffalo have been selected by the SAG-AFTRA Foundation for its fourth Annual Patron of the Artists Awards. The awards will be presented on Nov. 7 at the Wallis Annenberg Center for the Performing Arts in Beverly Hills. The show benefits the nonprofit SAG-AFTRA Foundation and is not televised. Previous SAG-AFTRA Foundation Patron of the [...]

  • Wes Anderson

    Fox Searchlight Buys Wes Anderson's 'The French Dispatch'

    Fox Searchlight Pictures has acquired worldwide rights to Wes Anderson’s “The French Dispatch,” extending the indie studio’s long collaboration with the filmmaker. The company has released four of Anderson’s films, including his two most recent pictures, “Isle of Dogs” and “The Grand Budapest Hotel.” “The French Dispatch” is described as “a love letter to journalists” [...]

  • If I Were a Rich Man

    Filmax Nabs Alvaro Fernandez Armero’s ‘If I Were a Rich Man’ (EXCLUSIVE)

    SAN SEBASTIAN – Filmax has taken international rights to Álvaro Fernández Armero’s comedy “If I Were a Rich Man.” Produced by Telecinco Cinema, Think Studio and Ciskul, and backed by Mediaset España and Movistar+, “If I Were a Rich Man” is a Spanish remake of Michel Munz and Gerard Bitton’s French comedy “Ah! Si j’étais [...]

More From Our Brands

Access exclusive content