Meaning and Status
Definition and current status of international broadcasting co-production agreement
An international broadcasting co-production agreement can complement the deficiencies of private contracts while allowing a co-produced audio-visual work to have access to markets of partner countries
Further, it takes a form of an international agreement between governments which aims at granting official benefits such as recognizing them as domestic programs to co-production programs
This type of broadcasting co-production is distinct from work of the private sector through contracts between private parties in that it is based on an official agreement between governments
According to the general practice of international law, content stipulated in the international co-production agreement takes precedence over national law
Unlike co-production between the private parties, co-production made under an international co-production agreement is entitled to various official benefits such as being recognized as a domestic program, government subsidies, tax exemption, facilitation of temporary entry, and tariff-free importation of equipment
Especially in countries where market access to the content market is difficult due to regulatory barriers, the agreement can provide a way to circumvent regulations such as import quota for foreign content and limitations on programming quota by recognizing co-production programs as domestic programs. Also, a inter-governmental consultative body can be established pursuant to the agreement to settle disputes
As of November 2020, Korea has signed television program/audiovisual co-production agreement with eight countries/regional communities (EFTA, Singapore, Cambodia, EU, Australia, New Zealand, India and Vietnam)
Partner Countries and Effective Date
Country EFTA Singapore Cambodia EU Australia India New Zealand Vietnam
Date '06.09. '09.05. '09.10. '11.07. '14.12. '15.09. '15.12. '19.08.
International Broadcasting Co-production Conference 2021
18 Jeongtong-ro, Deoksan-eup, Jincheon-gun, Chungcheongbuk-do, Republic of Korea (27872)
043-531-4286 / ibcc.kor@gmail.com