In this week’s Bcm 289 blog post we have been asked to look at whether we think governments play a role in supporting creative industries in 2021. In my own opinion I believe that governments still play a massive role when it comes to supporting creative industries. In this post I will be using two case studies to show how government support can affect a country’s creative industry. I’ll be comparing the South Korean entertainment industry and the Australian industry as examples.
So firstly let’s examine a country whose government massively supports their creative industries, South Korea. Unless you have been living under a rock for the past couple of years, we have witnessed a massive rise in the popularity of Korean media. From K-pop to K-dramas the creative industry inside Korea has exploded. The global popularity in Korean media is in no small part connected to how well Korean media does in Korea. In 2019 51% of the Korean box office was local films. This is massive, but why does Korea have such a large support base locally for it’s media products?
Well to understand this we need to look into how the Korean government supports its local film industry. In 1993, the Korean government had a quota on how long Korean films had to be in cinemas which was 146 days per year which was reduced to 73 days in 2006. Still, the only films being shown in Korea for 73 days a year are Korean. Even when Korea first eased censorship and the film industry began Koreans were much more interested to hear about local stories rather than Western movies.
In the other case the Australian film industry doesn’t have any of the same quotas when it comes to film distribution. The Australian industry still produces a fair amount of films but nothing to the extent of Korea. Compared to Korea, in the last ten years the Australian films have only made up 4.3% of the local box office revenue. Australian films best year at the box office in recent times was 2015 where local Australian films made up 7.2% of the local box office. Just for comparison the highest grossing film all-time in Australia worldwide was Crocodile Dundee which earned over 47 million dollars comparatively The Admiral Roaring which is South Korea’s highest grossing movie all-time earned worldwide over 138 million dollars.
The main difference between the two industries is the government support, the Korean industry due to the quota has had to rely on it’s locally creative industry to produce more which has led to the rapid growth of the Korean film industry. So using these two example’s i think it is safe to conclude that the government is still vital in a country’s film industry.
BCM 289 Wk4 lecture
Smh.com.au. 2021. Korea’s booming film industry and what it means for Australian cinema. [online] Available at: <https://www.smh.com.au/entertainment/movies/koreas-booming-film-industry-and-what-it-means-for-australian-cinema-20160802-gqj3u7.html> [Accessed 28 August 2021].