About this report
2023 Korea Arts & Culture Industry Report. January - December 2023. 27 PDF pages.
The 2023 Korea Arts & Culture Industry Report reviews a year of selective consolidation after the reopening rebound. The executive summary examines cultural-sector resilience against weaker domestic growth, alongside the expansion of music, webtoons and the global Hallyu audience.
Year-specific themes include generative AI adoption following GPT-4, differing outcomes among gaming companies, and Korean luxury consumption despite softer global demand. The report also examines the contrast between globally distributed, IP-led businesses and heritage or performing-arts organisations dependent on public support.