Somewhere in the West Wing, President Donald Trump’s ears perked up when he heard the news that a Richard Nixon biopic would be made overseas thanks to the undesirable state of filmmaking in America.
Film producers and major talent agencies have agreed to cooperate to cap actors’ appearance fees at below 10 percent of net production costs for state-backed mid- and low-budget films, in a bid to revive the country’s struggling film industry, the Culture Ministry said Thursday.
