Yoon In-chon Meets Production Company CEOs to Discuss IP Acquisition and Utilization

Filming of the 2024 Gangwon Promotional Video on the LED Wall

On the afternoon of the 11th, Yoo In-chon, Minister of Culture, Sports and Tourism, met with drama, entertainment, and documentary broadcasting content production officials at the EXON Studio in Goyang City to discuss the future of the broadcasting industry.

[Image source=Yonhap News]

Attendees included Yoo Jin-oh, CEO of The Studio M; Lee Min-seok, CEO of Why Not Media; Go Jung-seok, CEO of Eggs Is Coming; Jang Hyuk-jae, CEO of Studio Gaon; Nam Taek-jin, CEO of J Wonder; Jang Won-ik, CEO of EXON Studio; Song Byung-joon, President of the Korea Drama Production Association; and Kim Tae-yong, President of the Korea Broadcasting Video Production Association. They engaged in in-depth discussions on support policies for the development of the broadcasting content industry, securing and utilizing intellectual property (IP), and tax credits for production costs.

Minister Yoo also experienced and demonstrated in-camera special visual effects (VFX) at the virtual studio. In front of the virtual LED wall, which allows real-time computer graphics compositing without separate post-production, he filmed a promotional video supporting the 2024 Gangwon Winter Youth Olympic Games.

Minister Yoo stated, "Concerns about IP dependency and issues such as reduced production and scheduling are intensifying due to the success based on global online video service (OTT) distribution networks. We will be a strong supporter of production companies by fostering planning, production, distribution, and professional workforce development for broadcasting video content, as well as establishing cutting-edge infrastructure including virtual studios."

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