Ministry of Culture, Sports and Tourism Allocates 10 Billion Won in Supplementary Budget to Support Small-scale Popular Music Venues and Singers

Support for Over 1,300 Popular Music Groups and 330 Performances

[Asia Economy Reporter Kim Heeyoon] The government is allocating an additional budget of 10 billion KRW to support the popular music industry, which has been weakened due to the prolonged COVID-19 pandemic.

The Ministry of Culture, Sports and Tourism announced on the 13th that it will invest 10 billion KRW from the first supplementary budget to support small-scale popular music performances with fewer than 300 seats, in collaboration with domestic popular music-related organizations such as Arirang TV, the Korea Singers Association, the Korea Management Federation, and the Korea Music Label Industry Association.

This project is being promoted to help small-scale popular music venues and popular singers who have suffered significant damage due to the prolonged COVID-19 situation and social distancing measures.

Through this project, the Ministry of Culture, Sports and Tourism will support approximately 1,300 popular singer teams and about 330 performances from May to December. Some performances will be broadcast live online or produced as Arirang TV programs to be presented to fans both domestically and internationally.

Popular singers and small-scale venues participating in the project will be selected through a public contest. The application period is from the 13th until 6 p.m. on May 2.

A Ministry of Culture, Sports and Tourism official stated, “Small-scale popular music venues and many popular singers are the foundation that preserves the diversity and competitiveness of popular music,” adding, “We hope this support project will help the popular music industry, which is threatened in its livelihood by COVID-19, and serve as an opportunity for the related industry to recover quickly after the pandemic.”

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