Audiovisual Services in Korea: Market Development and Policies

22 Pages Posted: 22 Jan 2020

See all articles by Yeongkwan Song

Yeongkwan Song

Korea Development Institute (KDI)

Date Written: April 16, 2012

Abstract

This paper reviews economic development and the regulatory environment of audiovisual services in the Republic of Korea (hereafter, Korea). The paper specifically examines motion pictures and broadcasting, and discusses what drives or hinders the sector’s trade potential, which depends on whether Korean audiovisual services providers create high quality content that can be shared locally and/or universally. The most important prerequisite for high quality content is the generation of creative ideas, which would be hindered by strong government censorship and controls. The restrictive Korean broadcasting sector should learn from the success of the Korean film industry in this regard.

Keywords: audiovisual services, republic of korea, motion pictures, broadcasting

JEL Classification: O14, O24, O53

Suggested Citation

Song, Yeongkwan, Audiovisual Services in Korea: Market Development and Policies (April 16, 2012). ADBI Working Paper No. 354, Available at SSRN: https://ssrn.com/abstract=2040602 or http://dx.doi.org/10.2139/ssrn.2040602

Yeongkwan Song (Contact Author)

Korea Development Institute (KDI) ( email )

263 Namsejong-ro
Sejong-si 30149
Korea, Republic of (South Korea)

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