S. Korea launches public-private committee to shape film 'holdback' rules

South Korea launched a public-private consultative body Friday to discuss a proposed "holdback" system, which would impose a mandatory waiting period before films released in theaters can be shown on streaming platforms, with authorities aiming to reach a deal by August.

The Ministry of Culture, Sports and Tourism and the Korean Film Council said they will hold the first meeting of the body later in the day in Seoul, bringing together 22 representatives from across the film industry.

Participant ...