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Korean Entertainment Industry Pivots to Value-Focused Content Amid Budget Cuts, Global Competition

Korean Entertainment Industry Pivots to Value-Focused Content Amid Budget Cuts, Global Competition

SEOUL, Nov. 9 (Korea Bizwire) – As South Korea’s entertainment industry grapples with economic headwinds, producers are shifting from expensive dramas to more cost-effective variety shows, with character development emerging as a crucial factor in both formats, industry experts said at a forum on November 7. At the K-Culture Trend Forum held at Amore Pacific headquarters [...]

Chinese, Korean Entertainment Industries Cautiously Optimistic on Removal of Culture Ban

Chinese, Korean Entertainment Industries Cautiously Optimistic on Removal of Culture Ban

SEOUL, Jul. 13 (Korea Bizwire) — With growing hope that the Chinese government’s ban on Korean culture products will be lifted, the entertainment industries of both countries have started to perk up in anticipation. In recent years, the export of Korean culture has become an important source of revenue for the Korean economy, as well as [...]