"The decision by Korea to liberalize its restrictions on foreign films is good news for Korean movie-goers and the US film industry. The long-standing Korean requirement that domestic films be shown on local theater screens 146 days out of the year placed US movies at a significant disadvantage. Today’s move to reduce the requirement by half to 73 days will help level the playing field and increase movie choices for Koreans.

"Over the years, the South Korean movie industry has become increasingly competitive and it has recently gained an international reputation for producing high quality material. Now is the right time to give Korean cinemas more flexibility regarding what they can and cannot show."

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