NewsLetter DailyWeekly
My HanCinema | Sign up, Why ? Your E-mail   Password    Auto| Help
HanCinema :: The Korean Movie and Drama Database, discover the South Korean cinema and drama diversity Contact HanCinema HanCinema on TwitterFaceBook HanCinema PageHanCinema on Twitter

Film Producers Rebuff Movie Stars' "Rash" Demand for "Exorbitant" Pay

2005/06/29 Source

Related movies/dramas

At a press conference held at the Press Center in Seoul on June 28 at 11:00 a.m., the Korean Film Producers Association vowed to take a resolute step to resist film stars' moves to "hold sway over" and "abuse their power" in the domestic film industry. The film producers association had previously caused a stir by rejecting management agencies' demand to pay them a certain share of movie revenues.

In a statement of resolution released that day, representatives from the film producers association said, "The development of the domestic movie industry is being hampered by 'aristocratic' movie stars and their abuse of power. This practice will cause cracks in the whole market structure and eventually lead to the collapse of the industry and the market themselves".

They also said, "The film producing companies will not be the only victims. The ill effects from this practice will ultimately boomerang on the film stars and others, including large management agencies, and lead to the collapse of the entire film industry".

They continued, "Stars' reckless demand for a share from movie revenues and pay hikes is pushing up production costs and lowering profitability. Investors' calls to cast star-quality actors and actresses will result in an eventual vicious cycle causing excessive competition to cast stars".

They also pledged to fulfill their given duties, saying, "We decided to release this letter of resolution in a bid to seek the survivability and sustainable development of the entire movie industry.

They concluded by saying, "We propose developing an efficient cooperative system and rational policies for the development of the film industry, and drafting a standard film production agreement. We will establish and operate an acting school to produce stars who will contribute to the development of the Korean film industry".

Earlier on, the film producers association held a general congress on June 24, where they decided not to comply with requests from management agencies, the employers of stars, to produce films jointly.

On June 28, immediately following the film producers association's press conference, large management agencies held a meeting of their own to seek ways to jointly deal with this situation.

Attention You're reading the news with potential spoilers, make them spoiler free, dismiss



 Previous news
  • Choi Soo-jong Receives VIP Treatment in Pyongyang
    2005/06/29 (Source)

    Actor Choi Soo-jong flew to Pyongyang today via a special jet provided by Asiana Airlines as a goodwill ambassador of Good Neighbors, an NGO providing aid to North Korea, and will be treated as a VIP over the four days he will spend in the North.

    Choi arrived at Pyongyang via Sunan Airport in t,...

  • NK Film to Get Outdoor Screening
    2005/06/29 (Source)

    A North Korean feature film will be screened at the outdoor plaza in front of City Hall in downtown Seoul on Friday. It will be the first time for a film from the North to screen outdoors here.

    The 2002 film, "The Blood Stained Route Map (Pimudnun Ryakpae)", will screen as part of a series of s,...

  • Gay Actor to Go on TV Talk Show With Parents
    2005/06/29 (Source)

    Actor Hong Suk-chun, who wrote a new chapter in history by becoming the first public figure in the country to openly admit that he is homosexual, will be on a television talk show with his parents.

    It is the first time Hong's parents will appear on TV since Hong came out publicly.

    The progra,...

Subscribe to HanCinema Pure to remove ads from the website (not for episode and movie videos) for US$0.99 monthly or US$7.99 yearly (you can cancel anytime). The first step is to be a member, please click here : Sign up, then a subscribe button will show up.


Remove ads

Sign up




Visible, hide

Learn to read Korean in 90 minutes or less using visual associations

About | Privacy policy | Contact | Partners

Mobile version