The Director's Cut Awards is an annual awards ceremony for excellence in film in South Korea. It is presented by the Korea Film Director's Network (KFDN), a group of approximately 300 Korean filmmakers. The KFDN selects winners in the Korean film industry in eight categories: Director, Actor (Male/Female), New Director, New Actor (Male/Female), Producer and Independent Film Director. It was launched in 1998 by film director Lee Hyun-seung with a membership of "young generation" directors in their twenties to forties.