Korean government moves to curtail actor pay, but industry remains wary
“My Name,” directed by Chung Ji-young and starring Yum Hye-ran, received funding under the government’s 2025 support program for mid-budget Korean films. Such films have smaller marketing budgets than major commercial productions and often rely on the drawing power of star actors.There is also no guarantee that star actors will choose to participate in these films once the pay cap is introduced. It must be accompanied by efforts to stimulate investment, support distribution and reform the theatrical distribution structure to improve the overall health of the industry.“The discussion should not focus solely on lowering actors’ fees.
- ▪“My Name,” directed by Chung Ji-young and starring Yum Hye-ran, received funding under the government’s 2025 support program for mid-budget Korean films.
- ▪Such films have smaller marketing budgets than major commercial productions and often rely on the drawing power of star actors.There is also no guarantee that star actors will choose to participate in these films once the pay cap is introdu
- ▪It must be accompanied by efforts to stimulate investment, support distribution and reform the theatrical distribution structure to improve the overall health of the industry.“The discussion should not focus solely on lowering actors’ fees.
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| Original publisher | Korea Times News |
| Canonical URL | https://www.koreatimes.co.kr/entertainment/films/20260727/korean-government-moves-to-curtail-actor-pay-but-industry-remains-wary?utm_source=rss |
| Publication time | Mon, 27 Jul 2026 12:07:02 GMT |
| Retrieval time | 2026-07-27T12:12:32.939Z |
| Last seen | 2026-07-27T12:12:32.939Z |
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Opening excerpt (first ~120 words) tap to expand
“My Name,” directed by Chung Ji-young and starring Yum Hye-ran, received funding under the government’s 2025 support program for mid-budget Korean films. Courtesy of CJ CGV and Wide ReleaseAs the Korean government unveils a new plan to rein in skyrocketing actors' fees, the initiative has been met with caution from industry officials who largely support its aim but remain uncertain whether it will prove effective in practice.The Ministry of Culture, Sports and Tourism and the Korean Film Council recently signed a trilateral agreement with production companies and talent agencies to place a cap on actors’ pay.Under the agreement, government-subsidized mid-budget films with net production costs between 2 billion won ($1.36 million) and 8 billion won will be encouraged to keep actors’ fees…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Korea Times News.