Entertainment · K-Culture & Anime · 1 hr ago

South Korean drama groups seek 1 trillion won in support

South Korean drama groups seek 1 trillion won in support

Twelve groups representing South Korean drama makers and workers called for government support at a news conference in Seoul on Wednesday.

They said the number of dramas produced in South Korea fell about 30% from 141 titles in 2022.

Drama schedules at the country’s three major broadcast networks also shrank, from 91 titles in 2012 to 32 in 2023.

The groups say rising production costs, lower advertising income and difficulties earning money from drama rights have all contributed to the decline.

They warn that fewer productions mean fewer jobs and could weaken the production base behind K-dramas.

Their proposal is for a 1 trillion won support fund over five years, with government, broadcasters and platforms sharing the cost of making dramas.

They also want global streaming platforms to share more revenue from drama rights, while the industry says it will work on lower costs and fairer production practices.

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What people are saying

Song Byeong-junKorea Drama Production Association chairman
When the number of works decreases, jobs disappear, and a production site that has once collapsed is truly hard to restore.
via Yonhap
A structure in which global OTTs and the domestic drama production industry can share IP revenue, and profit distribution based on success rates, is needed.
via Yonhap
Park Hae-youngWriter and copyright committee chair at the Korea Broadcasting Writers Association
Story creators are moving to other genres such as webtoons and games.
via Yonhap