"Becoming a Global Content Production Hub" 4th Industrial Revolution Committee Holds Meeting with Culture and Content Industries

[Asia Economy Reporter Eunmo Koo] The 4th Industrial Revolution Committee announced on the 5th that it held a meeting with companies in the culture and content sector. The meeting was organized to listen to on-site difficulties related to the introduction of new technologies and business models during the digital transformation process.

At the meeting, opinions were raised requesting measures for our content companies to reasonably secure profits and intellectual property rights in response to the growing influence of global digital platforms such as Netflix, and to foster professional manpower and expand content production infrastructure so that Korea can become a global content production hub.

There were also calls for the improvement of research and development (R&D) systems that consider the unique characteristics of the content sector, different from manufacturing, and for budget support for collaborative projects with technology companies to promote technological innovation in the cultural content industry.

Additionally, regarding the exhibition sector, opinions pointed out the need to actively utilize immersive content in museums and other institutions. To this end, it was suggested that publicly owned cultural assets that have been digitized should be actively disclosed to the private sector, and that the internet infrastructure at exhibition sites such as museums needs to be supplemented.

In his closing remarks, Yoon Sung-ro, chairman of the 4th Industrial Revolution Committee, said, “We will actively work with related ministries to ensure that the recent Korean Wave combined with digital technology can become a greater growth engine,” adding, “If necessary, we plan to support institutional improvements through hackathons.” The Ministry of Culture, Sports and Tourism stated, “We will review the raised opinions and strive to reflect them in future policies.”

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