The Ministry of Science, ICT and Future Planning said Monday it will start a distribution service for online broadcasting content to help domestic content creators advance into overseas markets.

K-Contentbank (www.kcontentbank.com), a distribution platform connecting domestic content owners and overseas media businesses, will offer an effective distribution service and a management system to the local content creators, the ministry said.

It said the content bank will gradually expand cooperation with foreign broadcasting distribution platforms, starting a service next month for Vietnam Media Hub, a platform of Vietnam's state-run broadcasting group VTC.

The ministry will convene a consultation meeting Tuesday at the Korea Radio Promotion Association to introduce K-Contentbank and discuss overseas market strategies with domestic content businesses.

The ministry will give an explanation session next month on the content bank, where domestic broadcasters, producers, independent production directors and individual creators are expected to attend. (Yonhap)