Ministry of Culture, Sports and Tourism Launches OTT Music Copyright Win-Win Council

Hwang Hee, Minister of Culture, Sports and Tourism.

[Asia Economy Reporter Donghyun Choi] The Ministry of Culture, Sports and Tourism announced on the 27th the launch of the ‘OTT Music Copyright Win-Win Council,’ which includes music copyright organizations and domestic online video service (OTT) providers.

The council includes Oh Young-woo, the first vice minister of the Ministry of Culture, Sports and Tourism, along with seven music copyright organizations such as the Korea Music Copyright Association and eight domestic OTT providers including Wavve. The Korea Copyright Commission and the Korea Creative Content Agency also support the operation of the win-win council.

Participants freely exchanged opinions on various issues such as the collection regulations for music copyright fees on OTT platforms and discussed the council’s agenda, operation period, and methods.

This council was specially formed following proposals made by participants during a meeting between Minister Hwang Hee of the Ministry of Culture, Sports and Tourism, music copyright organizations, and OTT providers. Going forward, the council plans to resolve conflicts surrounding music copyright fees on OTT platforms and derive win-win solutions for creators and platforms.

Vice Minister Oh Young-woo of the Ministry of Culture, Sports and Tourism stated, “As Korean cultural content such as K-pop gains global popularity, it is important for the two key pillars of the Hallyu industry?creators and platforms, as well as the music and OTT industries?to develop together in harmony. While private autonomous agreements should fundamentally be respected in the copyright field, the Ministry of Culture, Sports and Tourism will actively support a free dialogue space between music copyright organizations and the OTT industry to find a balance.”

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