Covid 19: China slashes production budget for TV series with actors’ salaries cut by up to half
Thursday, 23 Apr 2020 02:47 PM MYTHong Kong actor Raymond Lam found his pay slashed as China's National Radio and Television Administration moves to cut production investments and actors’ remuneration. ― Picture via Instagram
KUALA LUMPUR, April 23 — As the world economy reels from the after effects of Covid-19 pandemic, China's National Radio and Television Administration has announced new restrictions on production investments and actors’ remuneration.reported that NRTA, which is a ministry-level executive agency under the State Council of the People's Republic of China, is limiting production budgets to around 4 million yuan per episode.
In February, Hong Kong's Federation of Film Workers and Entertainers Association had reportedly reached out to the island state's government to assist the industry that suffered losses due to Covid-19.
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