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Busan International Film Festival Selects 25 Source IP Titles… Including “A Genius Doctor Who Reads Comments” and 15 Korean Works

Busan International Film Festival Selects 25 Source IP Titles… Including “A Genius Doctor Who Reads Comments” and 15 Korean Works

After a contest among 138 submissions, IPs are handpicked from four Asian countries; a second rights-focused business meeting is set to take place at BEXCO in October.
A battleground for K-content’s source IPs: Masterpieces from 25 titles reveal themselvesIn Busan International Film Festival , the AsiaContents&Film Market—Asia’s biggest arena for content deals—shook up the second rights market by unveiling 25 officially selected titles for the “Busan StoryMarket”.
Movie Industry “Big Deal” Falls Through as Lotte Cinema and Megabox Suspend Merger Talks

Movie Industry “Big Deal” Falls Through as Lotte Cinema and Megabox Suspend Merger Talks

Financial stress at Contentree JoongAng prompts the two companies to end their MOU, with Lotte Cinema pivoting to go it alone and focus on strengthening its content capabilities
A massive project that had been expected to shake up the Korean theater industry has ultimately collapsed. In a filing on the 1st, 'Lotte Shopping' declared that it will scrap the 'merger' process between 'Lotte Cultureworks' and 'Contentree JoongAng' involving 'Lotte Cinema' and 'Megabox' in full.
'Jeondogsisi' makes short-form content itself... Naver Webtoon launches 'CuttsMake'

'Jeondogsisi' makes short-form content itself... Naver Webtoon launches 'CuttsMake'

Naver Webtoon officially releases 'CuttsMake,' a secondary-creation app with no copyright infringement
A major shift in the webtoon ecosystem as readers evolve into creatorsWaves of innovation have swept over the webtoon market. On the 24th, Naver Webtoon rolled out its dedicated application CuttsMake, transforming readers from mere consumers into active creators.
'Attack on Titan' Kodansha Targets India's Gen Z With '370 Million' Push

'Attack on Titan' Kodansha Targets India's Gen Z With '370 Million' Push

The Japanese publishing giant is setting up its first India joint venture, aiming to secure a foothold in the fast-growing market with manga and IP business.
The titan's advance planted on a 1. 4-billion-population continent… Japan's publishing empire Kodansha goes straight for IndiaKodansha, Japan's largest publishing empire, is raising its flag in the vast youth continent of India.
‘Itaewon Class’ Gwangjin Writer Returns! Spin-off ‘Janga’ Featuring Villain Jang Dae-hee — Exclusive Release on KakaoPage

‘Itaewon Class’ Gwangjin Writer Returns! Spin-off ‘Janga’ Featuring Villain Jang Dae-hee — Exclusive Release on KakaoPage

Expansion of the 420 Million Views Myth… First Web Novel Depicting the Harrowing Survival Saga of Monster Jang Dae-hee
The world of 〈Itaewon Class〉, which became a symbol of global K-story by sparking the “Park Sae-ro-i Syndrome” across the world, is set to expand again six years later. Kakao Entertainment announced it will exclusively unveil 〈Janga〉, the first web novel by writer Gwangjin and a spin-off that...

"No Reckless Bidding"... Netflix Withdraws Acquisition Proposal for Warner Brothers

Netflix Official Announcement: "Bid Increase Proposal Rejected"... Capital Discipline and Shareholder Value First
The absolute powerhouse of the global streaming market, Netflix, has officially withdrawn its plan to acquire Warner Bros. Discovery . This big deal, which had raised expectations for the birth of a media giant, has come to an end as Netflix decided not to raise its acquisition price any further.
Popular Webtoon ‘High School Girl Queen’ Adapted into Drama, Studio Dragon and Jaedam Media's IP Expansion in Full Swing

Popular Webtoon ‘High School Girl Queen’ Adapted into Drama, Studio Dragon and Jaedam Media's IP Expansion in Full Swing

The greatest swordsman of Joseon reincarnates as a modern high school girl… An action romance epic is anticipated
Global K-drama production company Studio Dragon and webtoon production company Jaedam Media have entered into a drama planning and development contract for the popular webtoon ‘High School Girl Queen’, marking the beginning of their collaboration.
Disney Invests 1.5 Trillion in OpenAI... Creating AI Content with Mickey Mouse and Marvel

Disney Invests 1.5 Trillion in OpenAI... Creating AI Content with Mickey Mouse and Marvel

'Sora' and 'ChatGPT' Sign 3-Year License Agreement... Disney CEO Bob Iger Says "If Change is Inevitable, We Must Ride It"
Walt Disney is entering into a historic partnership with OpenAI, making a large-scale investment of 1. 5 trillion won. The two companies announced on the 11th a 3-year license agreement that allows the use of Disney's over 200 characters for AI content creation.
Yeon Sang-ho, Kore-eda to discuss at Toronto festival as ‘Paradise Lost’ returns for second straight year

Yeon Sang-ho, Kore-eda to discuss at Toronto festival as ‘Paradise Lost’ returns for second straight year

The two will attend TIFF Summit together on Sept. 14 to discuss IP adaptations and the global expansion of Asian cinema; ‘Paradise Lost’ and ‘Look Back’ are set for October releases in South Korea.
Two of the leading directors from South Korea and Japan will meet at North America’s largest film festival. Director 'Yeon Sang-ho', whose new film 'Paradise Lost' has been selected for the Special Presentations section of the 51st 'Toronto International Film Festival' for a second consecutive...
'Anna,' 'Pachinko,' 'The Killer Shop' — OTT dramas flip the script and conquer living rooms

'Anna,' 'Pachinko,' 'The Killer Shop' — OTT dramas flip the script and conquer living rooms

MBC confirms rescheduling on the 23rd, a win-win strategy in the broadcasting industry aimed at cutting production costs and extending IP lifespans
Original dramas once seen as the exclusive territory of online video service (OTT) platforms are making a rare backtrack and marching into the living-room TV market one after another. By pushing past the walled garden of paid subscribers and taking on terrestrial broadcasters and cable channels,...