Korea creates W150b fund to finance big-budget K-content
Key takeaways
Quick summary- 1South Korea is launching a 150 billion won ($101 million) content fund to finance large-scale culture projects — a capacity its existing, smaller culture funds…
- 2The Ministry of Culture, Sports and Tourism and the Financial Services Commission on Wednesday opened appli
South Korea is launching a 150 billion won ($101 million) content fund to finance large-scale culture projects — a capacity its existing, smaller culture funds have lacked. The Ministry of Culture, Sports and Tourism and the Financial Services Commission on Wednesday opened applications for managers to run the K-Culture Value-up Fund, which will invest across the K-culture industry and in AI-driven content and technology. The fund will draw 50 billion won in government money from the Culture M
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