Content Industry Archives | Be Korea-savvy
Gov’t to Spend 30 Bln Won to Support Content Industry

Gov’t to Spend 30 Bln Won to Support Content Industry

SEOUL, March 24 (Korea Bizwire) – The South Korean government plans tospend 30 billion won (US$26.8 million) to promote content makers this year, the Korea Creative Content Agency (KOCCA) said Thursday. The budget will be spent on content creators in six categories — animation, cartoon, character, story, music and fashion, said the agency under the Ministry of Culture, Sports and Tourism. By category, the biggest chunk is reserved for [...]

Korean Content Industry Continues to Prosper

Korean Content Industry Continues to Prosper

SEOUL, Jan. 16 (Korea Bizwire) – Despite the economic, diplomatic, and political drawbacks of 2016, Korea’s content industry continued its march forward. According to the Ministry of Culture, Sports and Tourism, and the Korea Creative Content Agency, the content industry grew by 5.7 percent last year to 105.2 trillion won ($89 billion), setting an important [...]