B2B drives market demand, with B2B spending representing 66.9% of total demand in 2022. Mnet Media Corp is the largest company in South Korea, generating 4.1% of the industry’s total turnover value in 2022. The industry is fragmented, with the top five companies generating 10.8% of total production value in 2022. The total number of companies increases in 2022, to 12,196 units. The costs of the industry increase by 32.2% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 20.2% of turnover in 2022, the 15th highest regionally. With turnover of USD6.0 billion, South Korea accounts for 13.8% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Theatre and Music Production in South Korea: ISIC 9214. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Theatre and Music Production in South Korea: ISIC 9214 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of filmmaking, movie theatres, radio and TV, theatre and music production, amusement parks and entertainment services, news agencies, library, museums and cultural services, and sporting and recreational services.
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