Agencies, producers pledge to cap actors' fees for state-supported films
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Source: South Korea
Published: 2026-07-16 11:44 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Culture & Entertainment, Indigenous, South Korea, Tax & Budget
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Snippet:
SEOUL, July 16 (Yonhap) -- Film producers and major talent agencies have agreed to cooperate to cap actors' appearance fees at below 10 percent of net production costs for state-backed mid- and low-budget films, in a bid to revive the country's struggling film industry, the culture ministry said Thursday.
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