Kara and SNSD Increase the Profitability of Korean Wave

[ashiva.livejournal.com]

Contents Industry Shows Strong Growth with Exports of US$3.8 Billion

Contents exports are expected to increase by 14% this year owing to the “digital Korean wave” and market diversification.

The young “G20 generation” will lead a new culture in contents consumption with SNS. The competitive landscape in the contents industry is expected to change with the government issuing new licenses for multichannel TV program providers, and contents production is expected to get more diversified and large-scaled as companies target the global market.

The Korea Creative Content Agency (CEO Lee Jae-woong) announced the “Seven prospects for the Korean contents industry in 2011” where it predicted exports of killer contents, such as games, TV dramas and music to reach US$3.8 billion this year, a 14% increase over last year. The profitability of “Korean wave” contents has improved greatly with royalties increasing by 100%, thanks to the success of girl groups in the Japanese market, including Girls’ Generation and Kara.

The competitive landscape of the contents industry, which had been largely divided between broadcasters and telecommunications operators until now, is expected to change with multichannel TV program providers entering the picture. It is expected to become a three-way competition among comprehensive media groups (three public TV networks, MSO, telecommunications operators), contents production companies (drama production companies, game developers, music production companies), and multichannel TV program providers (Chosunilbo, JoongAng Daily).

Contents production will become more diversified and grow in scale as companies seek to enter the global market. 3D contents, in particular, are expected to increase rapidly, and more 4D theaters are expected to open. The widespread use of smart pads is expected to spur the growth of the e-book market.

Source: Heo Jeong-yun @ etnews.co.kr

Comments

[hopeandmemory.livejournal.com]

nice pic, OP. xD and well done KARA and SNSD! :D all those worries about the KARA lawsuit negatively impacting the Hallyu Wave seem to be for naught.

[cher-ex3.livejournal.com]

So far, anyway, but I think the effects of it are only beginning.

/negativenancy

[hopeandmemory.livejournal.com]

Well, it's like someone said in another post... if DBSK breaking up didn't destroy the Hallyu wave, I doubt KARA's issues are going to.

[cher-ex3.livejournal.com]

True, although I think it's more of a gradual change than a sudden drop in the Hallyu Wave. I wish I could see some statistics.

But I guess we'll have to see.

[toomanysides.livejournal.com]

[cagallisakura.livejournal.com]

Forever a byuntae

soka ♥

[erbalurbal.livejournal.com]

jessica is really thin in that picture D:

[jongcy.livejournal.com]

*squints* Who's patting whose bottom?

[inudela.livejournal.com]

it's like a butt patting train

hara --> sica --> jiyoung

[rosetta16.livejournal.com]

........... is it wierd im only here cause of thepic of them touching their butts?

[shiroi-lace.livejournal.com]

you're not the only one

[its-klutzilla.livejournal.com]

I didn't bother reading the article all I'm here to say is: Girls, I see where your hands are ;D

[qrizta.livejournal.com]

there are lots of them already. Mostly Hara-Sica.

[perfume.livejournal.com]

Why can't we see this same pic happening on Japanese shows.



Preferable with Perfume mixed in as well.

[cagallisakura.livejournal.com]

I FINALLY GET TO SEE THE FAMOUS HARASICA BUTT GRAB

[dorkileilafan.livejournal.com]

Oh Jessica...