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The South Korea government plans to promote its own anime industry with high investments. We summarize the details below.
Special anime fund
The growing international popularity of K content such as web tons and web novels has long been well known to fans, but now the South Korean government has apparently also recognized the great potential of national works.
The Ministry of Culture, Sports and Tourism recently announced via The Korea Herald that this year will be set up an animation fund this year, which will start with 200 billion We (around 120 million euros) and will grow to around 1.5 trillion WON (around 920 million euros) by 2029.
This would like to expand the influence of Korean animations at the international level, but also generally re -align the target groups – animation works should no longer primarily concentrate on preschool content, but also appeal to young adults and older viewers.
In this context, independence from television is also to be forced, which is intended to boost international demand by streaming services. As a final point, you would like to improve talent promotion by working with universities at an early stage.
South Korean studios are coming
In these plans, artificial intelligence should also play a major role, because it is planned that a AI-based ecosystem for the production and distribution of animated films and the support of new start-ups will be created.
It remains to be seen whether South Korea will actually become a serious competitor for Japan. However, it must be stated that the country has already made great progress in the area of animation.
Last year, the Studio Red Dog Culture House announced a strategic alliance with the Japanese Studio Pierrot (“Naruto”), and Studio Netmarble, one of the leading Korean video game companies that rely on the development of video games and anime, was already involved in the production of popular series such as “Shangri-La Frontier”.
More on the topic:
Via Variety
© The Demon Queen Has a Death Wish Production Committee
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