Korea Project Seminar: Do Subsidy Policies Really Help to Promote Film Industries?
ECIPE - Korea Project Discussion Series on Cultural Industries
What kind of future is there for Europe’s cultural industries? Seeking to answer this question, the ECIPE-Korea Project on Cultural Industries will be organizing a series of discussions on the economic and business aspects of culture. It will seek to compare the cultural industries in Europe and East Asia in order to provide interesting lessons on the most effective ways in which to promote culture and enhance the competitiveness of these industries. The format for the three seminars will consist of the Korea Project’s members presenting their studies and identifying their relevance for the current debates on the future direction of cultural industries in Europe. Following this, participants will be invited to share their views in an informal setting designed to encourage open and free discussion. Although the studies presented adopt a business and economic approach, their ultimate goal is to enhance true “culture friendly” policies to achieve real cultural diversity in Europe.
Film industries are generally perceived around the world as the key sector to strengthen national culture. As a result, many governments have repeatedly intervened in this industry, notably through subsidy policies. In particular, the French approach has often been perceived as a success story in Europe and considered as the model to follow. However, when comparing the French and Korean film industries, different approaches toward current subsidy policies emerge for shaping the industries more competitive. When studied closely, the two cases suggest that there are more important aspects than just simply adopting a subsidy policy. This discussion is particularly relevant given the context of the debate on the reform of the Audiovisual and Media Services Directives.