×
You will be redirected back to your article in seconds

China Reportedly Bans Korean TV Content, Talent

China appears to have confirmed that it is to ban South Korean content from its TV screens in reprisal against the Korean government’s decision to deploy the U.S.-made Terminal High Altitude Area Defense missiles.

State-owned China Central Television (CCTV) reported that SARFT, China’s broadcast regulator, had banned the airing of Korean TV shows with effect from Sept. 1. Some social media sources, however, said that the news report was a fake.

South Korea says THAAD can only be used defensively, and is necessary to deter or defend against attack from North Korea. On Wednesday North Korea fired a missile that landed in Japanese territorial waters.

China opposes THAAD deployment, which is scheduled to take place next year, as it says the missile system’s radar can be used to spy across borders and into China.

Variety has also been told that Chinese-Korean co-productions and talent are to be restricted as part of the reprisal measures. Several Korean companies said that their Chinese partner had been given verbal instructions from China’s Film Bureau that planned co-productions would not be approved.

China has become the biggest export market for South Korean TV content and music acts. Chinese producers and broadcasters have also been in exuberant competition to buy Korean intellectual property from comics to movies to remake or to co-produce. And several Chinese companies have acquired stakes in Korean outfits in order to have priority access to Korean content and talent.

The regulatory measures had an immediate impact on the shares of leading Korean talent agencies. YG Entertainment stock dropped nearly 9% on Tuesday to a 52-week low of KRW33,800. SM Entertainment also hit its year low of KRW27,650. Both have recovered slightly since then.

Despite the massive interest in Korea’s cool contemporary content, China’s state news agency Xinhua said that there is popular support for the anti-Korean measures. “A recent survey showed that more than four-fifths of Chinese people would support the ban on the appearance of South Korean entertainers in Chinese TV programs if the government does so. It reflects Chinese placing love for their home country before popularity of entertainment stars,” Xinhua reported Thursday.

Popular on Variety

More Biz

  • Sully

    Georgia Attorney General Closes Probe of 'Sully' Tax Credits

    The Georgia attorney general’s office has closed a criminal investigation into Warner Bros.’ use of tax credits on the Clint Eastwood film “Sully,” after state revenue agents declined to pursue the case. The state prosecutor’s office opened a criminal probe two years ago, after a whistleblower alleged that the production had claimed more than $600,000 [...]

  • Spotify logo is presented on a

    Spotify VP Paul Vogel Talks Subscription Prices, Label Licenses, Podcasts

    The annual Goldman Sachs Communacopia Conference gives representatives from major companies the opportunity to present to the investment community, and Paul Vogel, Spotify’s VP and head of financial planning & analysis, treasury and investor relations, spoke on the streaming giant’s behalf on Tuesday morning. While many of his comments were statements frequently heard in the [...]

  • Women in Animation Logo

    WIA Partners With Animation Mentor, Toon Boom to Expand Scholarship Program

    Women in Animation has partnered with Animation Mentor and Toon Boom to expand the organization’s WIA Scholarship Program with workshops and software packages. WIA scholarships are given to animation students with a financial need and who demonstrate talent and passion for animation that will lead to a promising career in the field. The Animation Mentor [...]

  • Def Jam, Astralwerks Launch Label Divisions

    Def Jam, Astralwerks Launch Label Divisions in South East Asia

    Universal Music Group today announced what it calls a significant expansion of its recorded music operations across South East Asia with the launch of two new label divisions: Def Jam South East Asia, to focus on the hip-hop scene within the region, and Astralwerks Asia, a label “with a true focus on nurturing talent within Asia across [...]

  • Bob Bakish Viacom CEO

    ViacomCBS Leaders Talk NFL Negotiations, Streaming Wars and Merger Focus

    Viacom and CBS aim to prosper in the streaming arena by covering both ends of the marketplace, blending Viacom’s focus on ad-supported platforms with CBS’ strong head start on subscribers for CBS All Access and Showtime. ViacomCBS CEO Bob Bakish and incoming ViacomCBS chief financial officer Christina Spade outlined the combined company’s vision for how [...]

  • Spotify

    Spotify Dismisses Amazon’s High-Definition Audio: ‘It’s Not a Big Differentiator’

    At the moment Amazon Music launched its new high-definition audio service on Tuesday morning, which it says offers the best streaming audio fidelity available, Spotify VP and head of investor relations Paul Vogel was speaking at Goldman Sachs’ Communicopia conference in Lower Manhattan. While Tidal and Deezer have long offered a high-fidelity service and Apple [...]

  • Randall Stephenson

    AT&T CEO Defends WarnerMedia Strategy, Addresses Activist Investor's Letter

    AT&T chairman and CEO Randall Stephenson defended the $85 billion deal for Time Warner as the right strategy for the company in response to criticism from an activist investor. Consumers are watching more content and more of that viewing is digital, so combining a telecommunications company like AT&T with a content powerhouse like WarnerMedia is [...]

More From Our Brands

Access exclusive content