Entertainment - next-generation growth power

Entertainment - next-generation growth power

As fields of industries are well matured and developing countries joined the ranks of advanced nations, the economic growth rate of those countries will be slowed and tech companies will be hurried to make a breakthrough. I think entertainment industry is a spotlighted industry in well-developed countries.

This argument is tightly related to human's instinct behavioral patterns. After human satisfied their urges (desire to sleep, appetite, and sexual desire), they would want to do other behaviors that are at a higher level, such as art, music, sports, games, and movies, including that all the other creative activities.

South Korea is not recognized as a developed country, but in my opinion, South Korea is already has become a developed country. Japan is, of course, a developed country and China will be one of well-developed countries sooner or later. For that reason, I expect that the role of entertainment companies that produce music, movie, drama, and broadcasting contents would be more important as time goes by.

The population in Far East Asia is 1.6 billion. Since South Korea is located in the center of that area and known to have cultural similarity for surrounding nations, South Korea is good to export contents, human source, and production technique to those nations.

Southeast Asia also has a big market capacity and, in long-term point of view, if we set a proper plan to also go to Europe, South America, and North America, entertainment companies would have a great chance to scale up their business.

A clip below is Beautiful Mind, which is going to be broadcast on KBS, from a producer Raemongraein. This company is not a listed stock, but we need to keep an eye on like this contents producer.

https://www.youtube.com/watch?v=t1zMmVVfJgQ

Entertainment-related stocks are Loen, SM, YG Ent, FNC Ent, Pan Ent, JYP Ent, Imagine Asia, Chorokbaem Media, Keyeast, SM C&C, IHQ, Fantagio, iokcompany, and Redrover.

Why don't you find other promising companies throughout financial statements of companies above and also including that has not mentioned in today's my post :)