Sayart.net - South Korean Minister Emphasizes Strengthening Ties with Netflix to Promote Local Talent and Cultural Innovations

Seoul, Tuesday - During President Yoon Suk Yeol's recent state visit to the United States, Minister of Culture, Sports and Tourism Park Bo-gyoon expressed the aim of reinforcing connections with American streaming giant Netflix. The partnership seeks to enhance the global presence of local talent and foster advancements within South Korea's cultural sector.

A significant milestone was reached as the Korea Content Creative Agency and the Korean Film Council signed a memorandum of understanding with Netflix. This collaboration aims to nurture young talent and facilitate the creation of a diverse range of TV series, films, and shows.

Speaking at a press conference in Seoul, Minister Park highlighted the historic nature of his accompanying the president on his state visit. He emphasized the increasing significance of Korean content (K-content) and the role of culture in shaping relations with other nations.

While acknowledging the potential benefits of attracting foreign investment, Minister Park also acknowledged the inherent risks. The ministry intends to develop strategies to maximize the opportunities while minimizing associated risks. To safeguard local over-the-top (OTT) services and content creators, the government plans to invest 30 billion won ($22.4 million) in exporting visual effects, subtitles, and dubbing.

The minister underscored the crucial importance of protecting intellectual property (IP) rights. Original content's IP can be expanded into various forms, making its safeguarding essential. In addition to simplifying copyright contracts, Park urged content creators to familiarize themselves with copyright protection laws.

In a forthcoming exhibition scheduled for June, the ministry plans to highlight the lifestyles of former presidents at Cheong Wa Dae, the former presidential office and residence. Symbolic items reflecting their unique lifestyles and personalities, such as former President Kim Young-sam's jogging shoes and former President Roh Moo-hyun's patented reading aid device, will be on display.

Furthermore, the Ministry of Culture, Sports and Tourism announced its ambitious plan to construct the Danginri Culture Complex in Seoul's Mapo-gu district by 2025. Once completed, the complex is expected to redefine the significance of performance art and gallery spaces, becoming a prominent landmark comparable to London's Tate Modern.

With these initiatives, South Korea aims to strengthen ties with Netflix, promote local talent globally, drive cultural innovations, and foster a vibrant creative landscape within the nation.

Sayart.net
Kang In sig insig6622@naver.com