The impact of protectionism on cultural industries: The effect of China's film policies on imported films
Hollywood studios have actively sought to export more films to China in order to benefit from its huge film market. Facing this expansion, the Chinese government has introduced quotas in order to restrict the market access of foreign films while protecting its domestic film industry and preserving C...
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my.um.eprints.421912023-10-20T02:05:48Z http://eprints.um.edu.my/42191/ The impact of protectionism on cultural industries: The effect of China's film policies on imported films Parc, Jimmyn Messerlin, Patrick Kim, Kyuchan Marketing. Distribution of products Hollywood studios have actively sought to export more films to China in order to benefit from its huge film market. Facing this expansion, the Chinese government has introduced quotas in order to restrict the market access of foreign films while protecting its domestic film industry and preserving Chinese values. Nonetheless, this protectionism has brought about an unexpected effect; a limited number of Hollywood films in China have been able to attract large audiences and even exert a strong influence upon society. This paper examines how this paradox has been possible. First, it compares the level of China's overall protectionism with other countries. Second, China's two main policy instruments in the domestic market are scrutinized: import quota (buy-out and revenue-sharing models) and screen quota. In revealing their true effects, this paper demonstrates that these instruments of protection have produced unexpected negative business practices that foster rather favorable conditions for US films in China which is contrary to what the Chinese government is seeking to achieve. Routledge Journals, Taylor & Francis Ltd 2022-04 Article PeerReviewed Parc, Jimmyn and Messerlin, Patrick and Kim, Kyuchan (2022) The impact of protectionism on cultural industries: The effect of China's film policies on imported films. Journal of Media Economics, 34 (2). pp. 117-133. ISSN 0899-7764, DOI https://doi.org/10.1080/08997764.2022.2074024 <https://doi.org/10.1080/08997764.2022.2074024>. 10.1080/08997764.2022.2074024 |
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Marketing. Distribution of products Parc, Jimmyn Messerlin, Patrick Kim, Kyuchan The impact of protectionism on cultural industries: The effect of China's film policies on imported films |
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Hollywood studios have actively sought to export more films to China in order to benefit from its huge film market. Facing this expansion, the Chinese government has introduced quotas in order to restrict the market access of foreign films while protecting its domestic film industry and preserving Chinese values. Nonetheless, this protectionism has brought about an unexpected effect; a limited number of Hollywood films in China have been able to attract large audiences and even exert a strong influence upon society. This paper examines how this paradox has been possible. First, it compares the level of China's overall protectionism with other countries. Second, China's two main policy instruments in the domestic market are scrutinized: import quota (buy-out and revenue-sharing models) and screen quota. In revealing their true effects, this paper demonstrates that these instruments of protection have produced unexpected negative business practices that foster rather favorable conditions for US films in China which is contrary to what the Chinese government is seeking to achieve. |
format |
Article |
author |
Parc, Jimmyn Messerlin, Patrick Kim, Kyuchan |
author_facet |
Parc, Jimmyn Messerlin, Patrick Kim, Kyuchan |
author_sort |
Parc, Jimmyn |
title |
The impact of protectionism on cultural industries: The effect of China's film policies on imported films |
title_short |
The impact of protectionism on cultural industries: The effect of China's film policies on imported films |
title_full |
The impact of protectionism on cultural industries: The effect of China's film policies on imported films |
title_fullStr |
The impact of protectionism on cultural industries: The effect of China's film policies on imported films |
title_full_unstemmed |
The impact of protectionism on cultural industries: The effect of China's film policies on imported films |
title_sort |
impact of protectionism on cultural industries: the effect of china's film policies on imported films |
publisher |
Routledge Journals, Taylor & Francis Ltd |
publishDate |
2022 |
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http://eprints.um.edu.my/42191/ |
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1781704607699828736 |