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Friday, November 01, 2024

Japan's PM Vows More Yen for Entertainment Industry



Japan is the world's third largest cinema market after China and the U.S. - and the majority of that market is locally produced content. Moreover, the Japanese cinema industry has become the toughest market for Hollywood to penetrate. This year, only one foreign produced film, "Inside Out 2", will crack the top ten of Japanese cinema grossers. 

Shigeru vows more funding for Japanese based film production

To maintain its local dominance of the movie business, Ishida Shigeru, Japan's newly elected Prime Minister, recently stated, "the government is working to lay the groundwork to further encourage the development of Japanese entertainment content."



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