Ministry of Science and ICT Holds '1-Person Media Daejeon' Online

[Asia Economy Reporter Koo Chae-eun] The Ministry of Science and ICT will hold the '2020 Korea 1-Person Media Expo' to revitalize the one-person media industry and provide growth opportunities for small and medium creators.

According to the Ministry of Science and ICT on the 6th, this event, held for the second time this year, is an industrial expo co-hosted by the Ministry of Science and ICT and the Seoul Metropolitan Government, and jointly organized by the Korea Radio Promotion Association and the Seoul Business Agency. It will be held online for two days from the 6th to the 7th. Under the theme of 'A 1-Person Media World Connected by 5th Generation (5G) Mobile Communication,' the event includes live business matching broadcasts between creators and companies, an industry strategy conference, and creator performances. Notably, starting this year, an investment briefing session for startups in the one-person media field will be held to activate private investment in the one-person media industry.

At the opening ceremony, awards will be presented to outstanding creator teams participating in the Ministry of Science and ICT’s one-person media support projects. Additionally, at the declaration ceremony for creating a clean content environment to spread a healthy one-person media culture, representatives of creators will pledge their commitment to self-regulation efforts.

The live business matching broadcast booths held over the two days will be conducted in a format where companies wishing to collaborate with creators introduce their products and services via live broadcast, and interested one-person creators can engage in real-time consultations immediately after the broadcast to promote practical business connections.

The investment briefing session, held for the first time this year, is designed to support private investment attraction for one-person media startups that find it difficult to gain opportunities to promote themselves to professional investment institutions. Outstanding participants will also be awarded the Minister of Science and ICT Award based on evaluations by investment experts.

The Korea 1-Person Media Expo achieved results last year including 630 business meetings, contract consultations exceeding 1 billion KRW, and 30 teams securing overseas expansion contracts, and it is expected to become an even more active venue for business connections this year.

Jang Seok-young, Vice Minister of the Ministry of Science and ICT, emphasized, “With the spread of 5G technology and non-face-to-face culture, one-person media has emerged as an important medium in our lives. It is a field with limitless growth potential that can converge with various industries such as advertising and commerce.” He added, “The government will strengthen full-cycle support so that talented individuals with creative ideas can find opportunities, and will spare no effort to support the one-person media industry to become a core industry driving Korea’s digital economy.”

This content was produced with the assistance of AI translation services.