SEOUL, Jan. 18 (Korea Bizwire) — “Kim Ji-young, Born 1982″ was the most popular South Korean literary book overseas over the recent five years, data showed Tuesday. According to the data from the Literature Translation Institute of Korea, the feminist novel by Cho Nam-joo was translated into 10 different languages and sold more than 300,000 [...]
SEOUL, Jan. 17 (Korea Bizwire) — Streaming platforms such as Netflix and YouTube are bringing about changes not only in the landscape of the content market but also in consumers’ viewing patterns. An increasing number of viewers are going beyond the practice of consuming content at the time they want towards the act of watching [...]
SEOUL, Jan. 12 (Korea Bizwire) — A new fantasy webtoon and web novel inspired by K-pop superstars BTS will be released later this week, the group’s management agency said Wednesday. Hybe said its original story of “7Fates: Chakho” will be available on Naver Webtoon, an online platform for web-based comics run by South Korea’s top [...]
SEOUL, Jan. 11 (Korea Bizwire) — So-called ‘fandom donations’ in which fans of celebrities or public figures engage in acts of donation continue to expand every year, gaining a foothold as a new tier of donation practices. The Beautiful Foundation, a South Korean charity group, and the Indiana University Lilly Family School of Philanthropy studied [...]
SEOUL, Jan. 3 (Korea Bizwire) — The local performing arts scene saw its revenue soar nearly 80 percent in 2021 from a year earlier, thanks to eased social distancing rules and a rising vaccination rate, data showed Monday. The combined revenue of 12,000 theatrical plays, musicals, classical concerts and other performances reached 307.1 billion won [...]
SEOUL, Dec. 31 (Korea Bizwire) — The pandemic has had a significant impact on how people access multimedia as they read webtoons or listen to music at home and watch animations on streaming platforms. In a survey conducted by the Korea Creative Content Agency, 83.1 percent of respondents said they had watched animated video content [...]
SEOUL, Dec. 31 (Korea Bizwire) — South Korean artists released an average 3.8 artistic works to the public in 2021, a sharp drop from 7.8 pieces in 2018, attributable to the COVID-19 pandemic, a government survey showed Friday. According to the culture ministry’s triennial survey on 5,000 art industry people, the classical music scene was [...]
SEOUL, Dec. 28 (Korea Bizwire) – South Korean auction house Seoul Auction said Monday that the total value of successful bids stood at 167 billion won (US$140 million) this year, up almost fourfold from 43.4 billion won a year ago. The successful bid rate estimated at 79 percent, up 10 percentage points in the year-ago [...]
SEOUL, Dec. 24 (Korea Bizwire) — South Korean film distribution companies went through hard times this year as the local cinema industry has been still suffering from a sharp drop in attendance amid the COVID-19 pandemic. A combined 18 films, including “A Year-End Medley” slated for Wednesday next week, has been distributed in 2021 by [...]
SEOUL, Dec. 21 (Korea Bizwire) — South Korea’s content industry made a rebound in sales in the first half from a year earlier on rapid growth in advertising and cartoon sectors, a government report showed Tuesday. Industry-wide sales reached 61.2 trillion won (US$51.3 billion) in the first six months of this year, up 6 percent [...]