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Korean Animation Business Gets $1 Billion Government Boost

The South Korean government is betting big on animation, unveiling a $1 billion investment strategy aimed at transforming its cartoon industry into a global powerhouse. The Ministry of Culture, Sports ...
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S. Korean IP wins abroad, but what about local animation?

Since its release on June 20, KPop Demon Hunters (age rating 12) has consistently ranked first or second on Netflix’s “Global Top 10 Movies.” As an American animated film that successfully ...
Yahoo

Korea’s CJ ENM Inks Content Deal With Saudi Animation Company Manga Productions

South Korean entertainment giant CJ ENM has entered into a memorandum of understanding (MOU) with Saudi Arabian content company Manga Productions to co-produce and jointly distribute content. The ...
CNN

Documents found on a North Korean server suggest US studios may have unknowingly outsourced animation work

North Korean illustrators and graphic designers appear to have helped produce work for US animation studios unbeknownst to those companies, suggesting that unreleased episodes of a few popular ...
Business Wire

Research and Markets: Animation Industry in South Korea: Strategies, Trends & Opportunities 2013 - 90% Outsourced from Foreign Animation Studios

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/9rfljc/animation) has announced the addition of the "Animation Industry in ...
CNN

Italian animation company agrees to $538,000 penalty for ‘apparent violations’ of US sanctions on North Korea

An Italian animation company has agreed to pay the US Treasury Department $538,000 for “apparent violations” of US sanctions against North Korea by doing business with a North Korean state-owned ...