2027 film budget set at record 167.3 billion won
Culture Minister Choi Hwi-young chaired a film-sector meeting of the Cultural and Arts Policy Advisory Committee on Oct. 13 and announced a record 167.3 billion won government budget proposal for film in 2027, up 30.8 percent from this year. Support for independent and art-house film production rises to 10.2 billion won from 7.7 billion, and international co-production support rises to 7.3 billion won from 3 billion, while a new 6 billion won program will support attracting foreign film shoots to Korea.
Why it matters The ministry said the increase is meant to support recovery of the domestic film industry amid falling theater attendance.
- Source
- Ministry of Culture, Sports and Tourism ↗
- Tags
- 문체부 영화 예산
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