The Korea Herald

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[Graphic News] Hallyu earnings rocket

By Korea Herald

Published : July 22, 2013 - 20:38

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Thanks to a surge in exports of hallyu-related products, Korean entertainment-related firms including filmmakers, broadcasters and game makers earned about $800 million in royalties from foreign firms and individuals’ use of their intellectual property rights last year. It is an increase of 17.6 percent from the previous year that posted $680 million, according to data from the Bank of Korea.