Korean Yonhap News Agency reported on 21st, Korean pop culture has pushed the country earns more money through its intellectual property rights from abroad. According to data by the Bank of Korea, Korean companies related with pop culture earned $800 million in royalties from IPRs overseas in 2012.
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| © Nexon | Nexon's Online Games |
According to Yonhap News, among the companies related to the Korean pop culture, online game companies are the biggest contributor to the rise in the country’s IPR overseer’s income.
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| © YG Entertainment | Psy |
It is worthy of notice that the mega hit of Psy’s “Gangnam Style” helped the royalties of the entertainment, broadcasting and film firms rise by $10 million last year, compared to previous years.
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here for the original Yonhap News Article.
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