"Please Claim 65 Million Won from Argentina"

DGK "Unclaimed Funds to Be Returned After Year-End"

The Directors Guild of Korea (DGK) announced on the 17th that it is looking for recipients of a compensation payment of 65 million KRW paid by the Argentine online video service (OTT) Netflix.

DGK recently received compensation funds to be distributed to directors of Korean works used in Argentina, based on a mutual representation agreement signed with DAC (Directors Association of Argentina), the Argentine copyright management organization.

Director Kim Han-min who received the payment [Photo by DGK]

The target works are about 500 video works that have been serviced on Netflix Argentina since 2011. According to the agreement with DAC, any unpaid compensation amount not officially distributed by the end of this year must be returned to Argentina.

This is in accordance with the 'fair remuneration' rights of creators protected under domestic laws in over 40 countries worldwide, including Europe and South America, which means that creators have the right to receive a portion of the profits generated from the use of their works proportional to the revenue earned.

DGK stated, "Since Korean law does not guarantee the right to fair remuneration, the practical implementation of the mutual representation agreement is impossible." It added, "In DAC's case, they proactively transferred the compensation funds knowing that there is a movement to amend the copyright law in Korea, aiming to support the legislative efforts."

The approximately 600 works eligible for compensation that were serviced on Netflix Argentina can be claimed through an application process on the DGK website.

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