Seoul — South Korea is experiencing a cultural crisis amid an influx of foreign talent, according to a report on Wednesday.
The Entertainment News Agency said the agency’s website will close on March 8.
The Korea Entertainment News Service, a news and information portal run by the government-run Korea Broadcasting Corp., said it has lost 6,000 subscribers since it was launched in October.
The news agency’s CEO, Lee Hyun-ju, told the news agency that the country’s music industry, which is heavily dependent on foreigners, is suffering from the “cultural crisis.”
The entertainment news agency said the Korean-language media landscape is “underdeveloped” and that the “unhealthy relationship” between Koreans and foreigners is also a factor.
In the past few years, more than 2.3 million Korean-Americans have emigrated to the United States, a number that is expected to grow in coming years, according the Korea Economic News Agency.
The agency said a large number of Korean-American entertainers, including Kim Jong-un’s father, Kim Jong Il, have come to the U.S. to make a living, as well as other celebrities.
The entertainment portal was launched last year with a focus on the Korean American community, but the news site has been criticized for being too politically biased and lacking in coverage of Korean culture, such as music.
It said it was also considering selling the news service.
The Korean-U.S.-Chinese border, which includes the U., is the main focus of the agency, which said that “a number of problems” have emerged between Korean- Americans and Chinese.
Lee said that a “cultural problem” is also affecting the countrys music industry.
He said he is looking into how to improve the website.
The countrys entertainment industry relies heavily on foreign talent to boost its revenue, and the agency said that in the first half of this year, foreign talent accounted for a whopping 38 percent of its revenue.
It cited a report by the Korea Broadcasting Corporation (KBC), which found that Korean-Chinese music and entertainment accounted for nearly 90 percent of the overall revenue from the KBC’s entertainment content.
The KBC is part of a conglomerate that owns the Korea Times, the Korea Herald, the KBS and other major news outlets.