Young Man Kang ㅣ Founder & Executive Director
We are very excited to hold the 5th Seoul Webfest on August 23 - 25, 2019.
Compared to film festivals, webfests are “film” festivals geared specifically toward web series and other online videos. They are definitely the new kids on the block, and they’re springing up much faster. Now, there are many webfests in the world to bring the web series community together from all over the world.
According to one of the communities, the Web Series World Cup was simply to collect the results from the best webfests around the world and publish a table of the most awarded web series of the year in order to give to the audience a live and up to date listing of the best programs. The first edition 2015, included 7 webfests and ranked a total of 310 web series from 19 countries. In 2016, with a circuit of 15 webfests and ranked 650 programs from 32 countries. 2017 had 19 webfests. 2018 showed even more growth with a record breaking year screening nearly 200 series over the three day period.
This is a world trend because every country has the number of smartphone users increasing. At the same time, they need content to watch through the smartphone. Also, the smartphone, the technique of it, and the speed, is getting faster. So that is why they are able to watch clear images without lagging.
The Korean web series industry within a few years, 4 or 5 times increased in production and the view count increased 6 or 7 times within those few years. With these results, it means that this is a very big movement within the Korean contents movement. Thus, we believe that it does not only stay in Korea, but will go out overseas as well.
KPOP has been very popular. I think we have a chance to have web series with big potential as popular as KPOP because Korean artists have a lot of talent, so we are able to make good storytelling through web series, and the variety of storytelling. Especially because Korean hardware (like smartphones) are popular all over the world; with hardware and web series software; to put it together will make a very strong business model.