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Original Claim

https://www.koreaherald.com/view.php?ud=20240103000565

2 months ago

Context by Compass

Korean cultural content industries log 69 trillion won in sales in first half of 2023

The claims made in the article from The Korea Herald regarding the performance of South Korea's cultural content industries in the first half of 2023 are largely supported by available data. The article states that these industries achieved sales of 69.3 trillion won ($52.8 billion), marking a 2.5 percent increase from the previous year, with significant growth in the music and film sectors. This information aligns with the report from the Korea Creative Content Agency (KOCCA), which confirms the sales figures and growth rates for various sectors within the industry, including a 15.2 percent increase in the music industry and a 12.3 percent rise in the film industry. Additionally, the reported export figures of approximately $5.39 billion and the slight decrease in the number of employees by 0.5 percent are consistent with the data provided by KOCCA. The growth in exports, particularly in the comics, publishing, and music sectors, is also corroborated by the KOCCA report. Therefore, the claims made in the article appear to be accurate and well-supported by official data from KOCCA. For further details, you can refer to the original article on The Korea Herald.