Promoting Korean Musicals Through Legislation: Key to Global Success
Creatrip Team
a year ago
Following the impressive achievement of a Korean musical winning six Tony Awards, there is a growing call in Korea for the government to support the musical industry through legislation. The proposed 'Musical Industry Promotion Act' aims to establish a solid framework for nurturing musical productions domestically and boosting exports. The act specifies a five-year strategic plan, supports for musical industry activities, training of professionals, protection of intellectual property rights, and the creation of support organizations. Experts suggest linking the musical industry with tourism to attract international audiences and considering tax relief for tickets to stabilize prices. The legislation seeks to address the high risks associated with musicals due to their complex and costly production processes, emphasizing the need for global collaboration in musical creation.
