SEOUL, Dec. 7 (Korea Bizwire) — Southeast Asian countries are emerging as a new market for Korean broadcasting content, in line with the government’s aggressive foreign policy initiative called the New Southern Policy, which gained momentum via a South Korea-Association of Southeast Asian Nations (ASEAN) special summit in Busan last month. The region can provide [...]
SEOUL, Nov. 28 (Korea Bizwire) — Netflix has been speeding up efforts to strengthen strategic partnerships with South Korean content creators in an apparent move to expand its influence in the country’s burgeoning streaming service market. Last week, the U.S.-based streaming giant inked a deal with CJ ENM, an entertainment unit of CJ Group, and [...]
SEOUL, Mar. 25 (Korea Bizwire) — Sales of Korean dramas and films rose around 15 percent at a major international content fair in Hong Kong last week compared with a year earlier, a South Korean government agency said Monday. A total of 25 Korean content sellers recorded a total of US$16.6 million in sales during [...]
SEOUL, May 28 (Korea Bizwire) — Korean TV channels will participate in China’s biggest broadcasting content fair for the first time in two years in the latest sign that China is loosening its restriction on Korean cultural products, industry sources said Monday. China banned Korean dramas, films, packaged tours and K-pop starting in 2016 in [...]