(2nd LD) Agencies, producers pledge to cap actors' fees for state-supported films

Why This Matters

This development is significant as it addresses a long-standing issue of escalating actor fees, which has been a major concern for the Korean film industry's sustainability and competitiveness. By capping actors' fees, the industry aims to promote a more balanced and stable production environment, ultimately benefiting both filmmakers and audiences. This move also reflects the government's efforts to support the domestic film industry and enhance its global competitiveness.