Korean Law To Limit Film Releasing Monopolies, Aiming To Address “Unfair Competition” In Film Industry1 min read
Reading Time: < 1 minuteThe Korean government is to make it illegal to show a single film on more than 50% of screens nationwide. The move is intended to prevent “screen monopolies by blockbuster films” and to “address unfair competition practices in the film industry.”
The Ministry of Culture announced on Monday, 14 October, that it will revise the existing Promotion of the Motion Pictures and Video Products Act, and said that the revisions are being forwarded to the National Assembly (parliament).
Theatre operators will not be allowed to allocate more than 50% of screens nationwide to a single film between 1pm and 11pm, the period when the attendance rate is the highest. The ministry said that on 12 occasions between 2016 and 2018 a single film had filled more than half of Korea’s theatres. That was a jump from just three between 2013 and 2015.
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