— by Moon So-young: Korea recorded the first-ever half-year surplus in the trade of culture and arts copyrights, thanks to the global popularity of K-pop bands such as BTS and of films including the Cannes Palme D’Ore- and Oscar-winning “Parasite” (2019) directed by Bong Joon-ho, the Ministry of Culture, Sports and Tourism said on Sunday.
The total copyrights trade balance, including for software, research and development (R&D) as well as for culture and arts, marked the record high surplus of $1.04 billion in the first six months of 2020, the ministry said, quoting an intellectual property rights (IPR) trade report released by the Bank of Korea on Friday…

Image courtesy of the Korea Joongang Daily