Ministry of Culture, Sports and Tourism Supports Selection of Broadcasting Video Content Proposals

Broadcast Video Content Planning Proposal Contest Worth 1.39 Billion KRW

The Ministry of Culture, Sports and Tourism and the Korea Creative Content Agency announced on the 27th that they will select original broadcasting video content proposals and provide 2 billion KRW in support. From today until March 16, a public contest for broadcasting video content planning and development will be held. Excellent proposals in drama, entertainment/education, and documentary fields will be discovered across various types such as general, online video service (OTT) platform linkage, international film festival linkage, and short videos on social value themes. The total prize money amounts to 1.39 billion KRW. Ninety proposals will be selected, which is forty more than last year. The top prizes in each category have been increased by 54% compared to last year, and prize money will be distributed differentially based on completeness.

The Ministry of Culture, Sports and Tourism will also expand follow-up support to ensure that the selected proposals proceed to production and distribution. An official stated, "Selected works, including the top ten, will receive up to 5 bonus points when participating in production support projects the following year." Fifteen documentary planning and development works will receive separate support for submission to the EBS International Documentary Film Festival and the DMZ International Documentary Film Festival. Ten OTT-specialized planning and development works will be given opportunities to meet domestic platform companies to attract production investment. The remaining funds will be allocated to the 'Completion Support Program.' Participants can enhance their works' completeness through customized advice from domestic experts. Up to 5 million KRW will also be provided for producing sample videos to attract production and investment. The official added, "Outstanding works will also have opportunities to attract production and investment through distribution consultation meetings." For more details, please refer to the Korea Creative Content Agency website.