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Culture Industry is Hot!

the Global Entertainment and Media Outlook
report (2006), the worldwide market for cultural
content is worth of 1.6 trillion getting bigger than
conventioanl industries

- US explains 44%; Japan 8.5%; Korea 2.2%

Peter Drucker, “The success and failure of each
country will be decided by the cultural industries
in the 21st century. The final battleground is the
cultural industry."
What is Culture Industry?

also called as leisure industry, information
industry, creative industry or media industry

the definition and what are included differs by
country

The GEMO report includes culture industry into
fourteen segments: films, TV network, broadcast
and cable, recorded music, video games,
publishing (magazine, newspaper, books),
amusement and theme parks, sports,
characters, etc – fashions, architecture, design

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