New government initiative offers W3b reward to combat digital piracy
In a move to counter escalating copyright infringement issues, the South Korean government announced on Tuesday a reward initiative for whistleblowers of pirate websites, offering up to 3 billion won ($2.2 million) in compensation. The initiative, jointly led by the Anti-corruption & Civil Rights Commission and the Ministry of Culture, Sports and Tourism, seeks to bolster efforts against illegal streaming and sharing that undermines the country's thriving digital content industry.
Individuals reporting illicit content sharing will be eligible for protection under the Public Interest Whistleblower Protection Act. In particular, insiders whose tips lead to successful prosecution or recovery of funds may receive financial rewards of up to 3 billion won each. Those involved in piracy may face reduced penalties for providing information.
Whistleblowers can submit their tips via the Anti-corruption Commission or the Korea Copyright Protection Agency websites, with the commission providing free legal assistance to those seeking anonymity.
With smash hit films and TV series and the country's online comics platform Webtoon operated by internet giant Naver gaining traction worldwide, South Korean entertainment has catapulted to the global mainstream in recent years. But as the industry's value grows, so does the risk of piracy and unauthorized distribution. In 2021 alone, piracy led to an estimated revenue loss of 850 billion won for Webtoon, amounting to half its total market share, according to Culture Ministry data.
Recent controversy surrounding Noonoo TV, the country's leading pirate streaming platform, brought the widespread and deep-rooted issue of systematic copyright theft to public attention. Accumulating 1.5 billion views for pirated content, the website is estimated to have caused billions of dollars in losses for legitimate broadcasters and platforms.
In response, a coalition of major broadcasters and platform businesses filed a criminal complaint against the domain, leading to its shutdown in April. The government has since launched a multi-agency task force to address piracy issues, but similar platforms have continued to emerge, distributing pirated content across various mediums.
(责任编辑:재무)
Enjoying Halloween in Itaewon sparks debate online
박성중 "다음 中응원은 드루킹 시즌2…강서구 선거 안심 못해"
“北, 무단철거 금강산 골프장서 옥수수 건조”
Doosan Robotics shares debut at double IPO price
Welcome Daehakro Festival lights up Seoul's stage hub
- Seoul subway workers vote for strike plan
- S. Korea to crack down on illegal immigrants
- Samsung Biologics raises annual estimated earnings to W3.6t
- Hyundai Glovis to go net
- Biden says Hamas must be eliminated, US officials warn war could escalate
- Zandari Festa kicks off with local, foreign indie bands
- “北, 무단철거 금강산 골프장서 옥수수 건조”
- S. Korea mandates flexible pricing in supply deals to protect SMEs
-
New government initiative offers W3b reward to combat digital piracy
In a move to counter escalating copyright infringement issues, the South Korean government announced ...[详细]
-
1 in 4 foreign workers earn more from unemployment benefits than from work
More than 1 in 4 foreign recipients of unemployment benefits received more last year in unemployment ...[详细]
-
Jarasum Jazz Fest to kick off Friday
The Jarasum International Jazz Festival kicks off Friday on the small river island of Jaraseom in Ga ...[详细]
-
BTS' Jungkook to extend solo parade with 1st album 'Golden'
Jungkook of K-pop sensation BTS will release his first solo album, "Golden," next month, the next st ...[详细]
-
이준석, 눈물의 회견…尹대통령 향해 "與 묵언 수행 저주 풀라"
이준석 전 국민의힘 대표가 16일 서울 강서구청장 보궐선거 참패와 관련해 윤석열 대통령과 여당에 변화와 쇄신을 촉구하며 눈물을 흘렸다.이 전 대표는 이날 국회 소통관에서 기자회견을 ...[详细]
-
Samsung Biologics raises annual estimated earnings to W3.6t
Samsung Biologics has raised the full-year earnings estimate in its company guidance again to 3.6 tr ...[详细]
-
Jeonju International Sori Festival comes to a close with global push
The Jeonju International Sori Festival ended on Sept. 24, with the organizers adding global and cros ...[详细]
-
Zandari Festa kicks off with local, foreign indie bands
Zandari Festa, an indie rock festival launched in 2012, kicks off Thursday for a three-day run.This ...[详细]
-
SC Bank Korea CEO nominated for fourth term
Park Jong-bok, the CEO of Standard Chartered Bank Korea, has been nominated as the sole final candid ...[详细]
-
Samsung chief explores new growth drivers in Middle East
Samsung Electronics Chairman Lee Jae-yong traveled to key locations of Samsung's business in Sa ...[详细]
- Japan thanks S. Korea for Israel rescue effort
- Gyeongbokgung entrance platform, new signboard unveiled
- Blackpink's Jennie makes solo debut on Official UK Singles Chart
- S. Korea entering 'recovery phase' amid geopolitical uncertainties: Choo
- [New in Korean] Booker Prize
- Seoul defense exhibition aims to boost arms exports
- Over 1,300 rescue workers still traumatized by Itaewon Halloween tragedy
- Hanwha seeks bigger presence in burgeoning global robotics market
- BTS' Jungkook to extend solo parade with 1st album 'Golden'
- Where is Blackpink headed?
- [Herald Interview] Netflix's ‘Devil’s Plan’ expands realm of survival game shows
- Seoul shares open higher on Fed rate pause hopes
- “北, 무단철거 금강산 골프장서 옥수수 건조”