진행자: 홍유, Elise Yoon

Entertainment industry split over plan tomandate holdback period for state-funded films

기사 요약: 정부가 최근 영화 분야 지원 사업 조건에 '홀드백'(Hold Back) 준수 의무를 부과하자 영화계와 OTT 업계 등은 이해관계에 따라 의견이 엇갈리고 있다.

[1] The Culture Ministry’s plan to mandatea grace period of possibly up to six months before films that receivedgovernment funding are released on streaming platforms like Netflix is beingmet with mixed reactions by the local entertainment industry, including filmdistributors and streaming platform operators.

*mandate: 명령하다

*grace period: 유예기간

[2] In November, the ministry temporarilyinstituted a “holdback” period for films with a production cost of over 3billion won which received state funding, requiring the distributors to waitfour months after the theatrical release before making them available tostreaming platforms. The main reason for the "holdback" period was torevive the struggling film industry after the pandemic.

*institute: (제도·정책 등을) 도입하다, (절차를) 시작하다

*revive: 활기를 되찾다, 회복하다

[3] Authorities are planning to fine-tunethe details of such a “holdback” system this month through discussions withindustry insiders. It is very likely that the grace period will be extended upto six months, according to the Culture Ministry.

*fine-tune: 미세 조정을 하다

[4] While the ministry said such anagreement should be reached voluntarily with the industry without bindingforce, the local entertainment industry was split over such a move.

*voluntarily: 자발적으로, 자진해서

*binding force: 구속력

기사 원문: https://www.koreaherald.com/view.php?ud=20240205000669