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'S. Korea Broadens its Global Cinema Market Share'

2006/11/06 Source

The Los Angeles Times says the nation's film industry is broadening its share of the world cinema market, reliving the glory days of Hollywood 30 years ago.

In a special report, the daily said that a South Korean horror flick, "The Host", was set to debut on the U.S. market. The movie about a mutant creature in Seoul was seen by over a quarter of South Korea's population.

The report said major American filmmakers have bought remake rights to several South Korean films including "The Host", the thriller "Old Boy", and a dramatic horror film, "A Tale of Two Sisters".

The daily noted that the number of screens in South Korea has increased to over 16-hundred and that admissions grew nearly 30 percent last year.

It also said that South Korea and the United States were divided over Korea's screen quota system, which the U.S. calls protectionist.

Reported by KBS WORLD Radio

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