South Korean film production companies have been protected for half a century by

Question

South Korean film production companies have been protected for half a century by policies enacted to protect an infant industry. But beginning in July 2006, the days that local films must be shown by any movie house was reduced to 73 from 146. South Korean film celebrities and the industry fought the changes even though local films commanded half the box office. Why would a country enact special protection for the local film industry? Who would be the major competitor threatening the South Korean film industry? If films made by the local industry must be shown at least 146 days a year, does the local industry has much incentive to develop good films and be competitive with the rest of the world??

Explanation / Answer

because the nation is focus to provide support on local industry people, and who are working in film industry. to face the competition with international movies, the government has taken the decision. the international movie market, particularly Honkong, and many other asian nations films were main competitors to south korean film industry.

yes, the number of days increased from 73 to 146, this shows positive impact on local movie proudcers and the workers in the movie industry. but it may not be beneficiary to the distributors in the industry. many of the people shown interest to create films in local language and release in domstic market. with this many of the people will get employment and government also increase their income through different taxes.

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