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AFP: S Korea announces plan to bolster film industry

By Indiewire | Indiewire October 24, 2006 at 5:42AM

South Korea has announced a $665 million growth plan for its film industry amid complaints the government has hurt homegrown filmmakers by allowing in too many foreign movies. The package, including an ambitious proposal to build theatres abroad that show South Korean films exclusively, was announced by the culture ministry Monday but needs to be approved by parliament. The plan envisions financing low-budget movies, training staff and promoting domestic cinema overseas, with special theatres for South Korean films only in the United States, France, China and Southeast Asia. Agence France Presse reports.
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South Korea has announced a $665 million growth plan for its film industry amid complaints the government has hurt homegrown filmmakers by allowing in too many foreign movies. The package, including an ambitious proposal to build theatres abroad that show South Korean films exclusively, was announced by the culture ministry Monday but needs to be approved by parliament. The plan envisions financing low-budget movies, training staff and promoting domestic cinema overseas, with special theatres for South Korean films only in the United States, France, China and Southeast Asia. Agence France Presse reports.





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