▲ Kim Yoon-ji, President of KOCCA
The government has decided to push for the establishment of a tentative "Korean-style production committee" to enable outstanding content IP, or intellectual property, to expand into various industries and genres.
Kim Yoon-ji, President of the Korea Creative Content Agency (KOCCA), stated at a press conference held today (17th) that since small-scale businesses account for 90% of the domestic content industry, there are limits to maximizing profits. She announced that KOCCA is pursuing the tentative "Korean-style production committee" in collaboration with companies and institutions across various sectors such as production, investment, distribution, and circulation.
The plan is for KOCCA to take the lead in connecting creators with production and investment companies to enhance the scalability of One Source, Multi-Use—that is, superior content IP—while providing one-stop support for global expansion.
President Kim noted, "It is not identical to Japan's production committee system, where planning-stage production, investment, and distribution affiliates participate and strictly distribute profits." However, she added, "We will provide support to take the currently active adaptation of webtoons into dramas a step further."
The policy aims to bundle multiple businesses to yield a single project by connecting operations across various genres, while simultaneously reviewing IP contract relations to establish a Korean-style standard model.
President Kim also expressed her commitment to reforming KOCCA's financial structure.
Diagnosing that KOCCA's current production funding support is centered on government-subsidized projects organized and disbursed on an annual basis, making it difficult to provide flexible support tailored to industry demands, she stated that transitioning to a contribution-based structure would greatly benefit creators and the industry.
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