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Title KCC invests KRW 23.8 billion in broadcasting contents promotion
Date 2009-03-28 Read 14314

KCC (Korea Communications Commission) has made an estimate for KRW 23,830 million on broadcasting contents promotion business this year. It is increased by 20% compared to KRW 19,799 million last year, because KCC has decided that developing contents industry worked on as a core of improving communications industry and media convergence.

KCC noticed on 19th that KCC would invest the total amount of KRW 23,830 million on 5 projects such as contents production support, program finance, Korean contents broadcasting in overseas, broadcasting image specialized education and building distribution system of digital&paid broadcasting contents.

Especially, support budget of broadcasting contents production has been considerably increased up to KRW 17,540 million from KRW 14,300 million last year. KCC will go all out for increasing competitiveness among broadcasting companies through producing and spreading creative contents which is suitable for media convergence environment, and public contents with high quality.

KCC has decided to invest KRW 9,040 million in production support for broadcasting companies, KRW 4,000 million in production support for public field, KRW 3,500 million in converged type of contents production support which is interactive basis such as IPTV, and KRW 1,000 million in production support for IPTV English subtitle respectively.
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