Benefits of the international broadcasting co-production agreement
The international co-production agreement is a legally effective agreement between countries that provides the following official benefits in addition to the general benefits of co-production, such as production cost sharing, ease of market access, and exchange of know-how from partner countries.
Being recognized as domestic programs and entitled for support

- The co-production programs approved by the competent authorities of both countries under the co-production agreement can be recognized as domestic programs

- Once the co-production programs are recognized as domestic programs, they are eligible for any support and benefits provided to domestic programs of both countries and can circumvent regulations for non-domesitc programs of the partner country

Facilitate entry, travel and stay for production, utilization, and promotion purposes

- Under the co-production agreement, entering, traveling and staying in the partner country for the purpose of producing, utilizing and promoting co-production programs can be made easier by, for example, simplifying the visa application process

Duty-free entry of the goods related to the production and promotion of the co-production program

- Under the co-production agreement, temporary entry of goods for producing and promoting co-productions can be exempted from import duties and taxes

Co-ownership of copyright and credits

- The copyright of a co-production program shall be shared between the co-producers, and the division of revenue sharing between the co-producers shall be negotiated by the co-producers themselves considering their respective financial and creative contributions

An inter-governmental consultative body can be used in case of disputes

- The two countries may establish and operate a consultative body consisting of high-level officials from relevant ministries of both governments, to supervise the implementation of the agreement and discuss ways to resolve disputes regarding the interpretation and application of the agreement

International Broadcasting Co-production Conference 2021
18 Jeongtong-ro, Deoksan-eup, Jincheon-gun, Chungcheongbuk-do, Republic of Korea (27872)
043-531-4286 /