What’s next for South Korea’s entertainment industry?

August 9, 2021 0 Comments

South Korea has seen an explosion in interest in foreign films, TV shows, music and video games, but there is no shortage of people looking to make money doing it.

One company with an eye on making money is entertainment company Kpop Entertainment Group, which has been operating for about a decade in Seoul and has since expanded to Los Angeles. 

Kpop Entertainment is a subsidiary of the K-Pop Entertainment Group and is an independent studio.

The group has a long history of creating and producing popular Korean entertainment shows, including Love Live!

Sunshine!!

and LoveLive!

School Idol Festival, and it also produces and produces popular Korean TV shows such as Eagle’s Eye and MBC Idol. 

However, it is also a Korean-focused company with plans to expand into other countries and markets, and in its latest financial results for 2017, the group reported that it is already in talks with more than 60 major media and entertainment companies in Asia and Europe. 

As for what will come next for the Kpop group, it has already made moves to expand internationally and have partnerships with some big names such as the Disney Channel and Sony Pictures. 

But that’s not all.

The company also has plans to create its own streaming service that would provide free access to a number of popular Korean television shows, such as Girls und Panzer, and its Korean-language television shows like Love and Hanyul. 

This may not be a bad idea. 

“I think that Kpop is going to continue to grow,” said Daniel Breslin, a partner at law firm Gibson Dunn & Schmitt who has represented many entertainment companies.

“They can continue to make big investments in their own TV shows and entertainment shows and they can also continue to leverage their huge cultural reach.” 

In addition to expanding into other markets, Kpop will continue to work on projects like The Legend of Zelda: Breath of the Wild, a new anime adaptation of Naruto: Shippuden. 

And the company has already begun work on a new live-action film. 

There’s still a lot to see, but K-Pop can be a very lucrative business. 

Source: FOX Sports

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