On the 27th, a press briefing for JYP Park Jin-Young's "2027 Phenomenon promotion plan announcement" was held at the Da-won space in the Seoul Education Building of the National Museum of Modern and Contemporary Art in Seoul.

Minister Chae Hwi-young of the Ministry of Culture, Sports and Tourism said the government will hold a Korea-style "Coachella" festival every December that encompasses culture across the board, including K-pop and K-food/beauty.

The plan is to grow it into a global large-scale festival like Coachella in the United States, captivate the global fandom, and generate massive economic effects.

Minister Chae Hwi-young of the Ministry of Culture, Sports and Tourism and Park Jin-Young, chairperson of The Presidential Committee on Popular Culture Exchange, are giving a briefing. Jul. 27, 2026

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