Positioning Korea’s Platform as the “Netflix of the comics and webtoon world”

Jan 24, 2024

The Ministry of Culture, Sports and Tourism (Minister YU In Chon, MCST) unveiled the “Direction of Comics and Webtoon Industry Development” at Art Korea Lab on January 23. This marks the second policy announcement following the “Video Industry Leapfrog Strategies,” the initial policy disclosed in the content sector in November of the previous year. Ongoing policy declarations covering major aspects of the content industry could be expected in the future.

Korea is to Attract International Visitors with “Uniquely Korean Travel Experiences”

Jan 22, 2024

The Ministry of Culture, Sports and Tourism (Minister YU In Chon, MCST) and the Korea Tourism Organization (KTO) will aggressively expand marketing campaigns worldwide to bring forward the “20 Million Visitor” target and diversify the Korean tourism market.

Webtoon Industry Revenue in 2022 Reaches KRW 1.829 Trillion, Setting New Record

Jan 18, 2024

The Ministry of Culture, Sports and Tourism (Minister YU In Chon, MCST) announced the results of the “2023 Webtoon Survey (Businesses and Authors)” in collaboration with the Korea Creative Content Agency (President JO Hyun Rae, KOCCA). In 2022, the webtoon industry achieved KRW 1.829 trillion in sales, the largest ever, marking continuous growth over the five years since the first survey in 2018. This performance underscored Korea’s webtoon industry’s potential as a global leader.

“Gangwon 2024”: A Global Youth Sports Festival illuminates the night sky in Gangneung and Pyeongchang

Jan 18, 2024

The opening ceremony of the “Winter Youth Olympic Games Gangwon 2024” (Gangwon 2024) will illuminate the night sky simultaneously at the Gangneung Oval and the Pyeongchang Dome in Gangwon State at 8:00 p.m. on January 19 (Fri). Approximately 9,000 spectators in Gangneung and 4,000 in Pyeongchang will join the event. The Ministry of Culture, Sports and Tourism (MCST) Minister YU In Chon and Second Vice Minister JANG Mi Ran will attend the ceremony in Gangneung, while First Vice Minister JEON Byung Geuk will be in Pyeongchang to support young athletes from around the globe.

Discussing Strategies for the Global Outreach of “K-Musicals,” A Force in the Performing Arts Market

Jan 15, 2024

Minister YU In Chon of the Ministry of Culture, Sports and Tourism (MCST) convened a roundtable discussion with key figures from the musical industry, including heads of production companies, performers, and representatives from the Korea Musical Theatre Association and Korean Association of Musical Producers.