p2p news / p2pnet: Thanks to largely to sterling efforts by US trade representative Rob Portman on behalf of Hollywood, the South Korean government is to "significantly" reduce restrictions on US film industry movies being show there.

Korean cinemas must at the moment show nationally made movies 146 days per year on each screen, amounting to 40% of the year.

But that quota is to be cut by half and, "Some 1,500 South Korean movie producers, actors and directors participated in a protest rally near the U.S. embassy in Seoul today (Wednesday), carrying a banner reading ‘Stop humiliating negotiations that will allow a cultural invasion’," says IMDb, going on:

"They pointed out that of the top ten hits in South Korea in 2005, seven were produced locally."

The top four grossing movies in Seoul last year were Korean-made, the most popular being a Korean War drama called, "Welcome to Dongmakgol," says the Associated Press, going on:

"Seven of the top 10 grossing movies were Korean, figures show, with the other three being American films.

The most popular US movie was The Island, it adds.

Also See:
"significantly" reduce - Korea halves local movie showings, January 26, 2006
IMDb - Anti-Hollywood Protest Shuts Down South Korean Film Industry, February 8, 2006
Associated Press - South Korea cuts homegrown movie quota, January 26, 2006

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