Making Creative Content for Future TV: A Collaborative Ecosystem for Content-making in Korea & Asia
People are now watching their favorite video contents anywhere and anytime. In Korea & Asia market, television was a dominant platform to distribute films or TV contents, so a traditional business model was that the content makers sold their contents to the traditional distributors (e.g., Korea Broadcasting System, IPTV, OTT and etc.) just after wide releases on the cinema. Indeed, television was the only dominant platform which played a superior role in providing contents to consumers.
Now, content makers make a concerted effort to escape from this obsolete business model, and looking for new opportunities in the new media consuming platforms like ‘YouTube’ and ‘Netflix.’ In an actual fact, the reason why Disney is recently trying to merge 21st Century Fox (Film and television content division) can be seen in this regard. The Disney wants to monopolize the content distribution market against the traditional (e.g., IPTV, OTT in Korea) and emerging platforms (e.g., YouTube). A significant problem by this trend-setting is that small & medium budget content makers cannot find a way to distribute their creative artifacts, competing against the global & exclusive content providers like Disney or Netflix.
In this keynote talk, I will highlight an innovative & collaborative ecosystem that I am now setting up. The new ecosystem aims to be more beneficial for all the stakeholders (producer, director, screenwriter, CG technician, and etc.), not for the best (i.e., big commercial content providers) becomes the beast. My talk is about how to make such an ecosystem for the future TV industry in Korea, by which new digital transformation in media consumption can be delivered for all of us.
Keynote Speaker Bio: Ho Sung constantly creates a new paradigm shift in the Korean film industry with his innovative and creative initiatives in his commercial movie productions. He produced the recently released Along with the Gods which records second highest audience share in the all time box office in Korea. It is the first fantasy franchise movie which shot two movies at the same time. Another film produced by Ho Sung is Masquerade, a period piece which broke the record for audience share in its genre. At the 69th Cannes Film Festival, The Wailing got an official invitation to be presented in Out of Competition category. Ho Sung totally produced 8 commercial movies over 11 years and received 4 recognitions from major Korean Film Awards.