Enhancing the Sustainability of the Content Industry: A Study on Improving the Financial Structure of Support Agencies

Key Points

• The study aims to analyze and propose improvements for the financial structure of support agencies in the content industry to enhance sustainability.
• Analyzed the financial status of KOCCA using budget structures and financial statements.
• Identified issues stemming from excessive reliance on government subsidies and rigid annual budget operations.
• Reviewed previous studies on direct government support systems.
• Proposed four strategies for improving financial structure: partial commercialization of support programs, diversification through private matching investments, monetizing assets, and implementing multi-year budget operations.
• Highlighting the structural limits of funding due to over-dependence on subsidies and inflexible budgeting.
• Identified issues such as balance refunds, restrictions on follow-up investments, and difficulties in long-term projects.
• Recommended strategies for revenue diversification and financial autonomy inspired by international cases like JETRO and Business France.