The 50th Baeksang Arts Awards ceremony, organised by Ilgan Sports, took place on May 27, 2014, at Grand Peace Hall, Kyung Hee University, Seoul, beginning at 6:20 p.m. KST. The ceremony was televised live in South Korea by JTBC and was hosted by Shin Dong-yup and Kim Ah-joong.

The Baeksang Arts Awards, also known as the Paeksang Arts Awards, are awards for excellence in film, television and theatre in South Korea. The awards were introduced in 1965 by Chang Key-young, the founder of the newspaper Hankook Ilbo, whose art name was "Baeksang". It was established for the development of Korean popular culture and art and for enhancing the morale of artists. They are regarded as one of the most prestigious entertainment awards in South Korea.