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"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The absolute powerhouse of the global streaming market, Netflix, has officially withdrawn its plan to acquire Warner Bros.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.
| Yangsimoh
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.
| James choi
[World Cup Star] ‘Tearful Mother’s Reunion’ Propels Cape Verde to a 2-2 Draw With Uruguay

[World Cup Star] ‘Tearful Mother’s Reunion’ Propels Cape Verde to a 2-2 Draw With Uruguay

A mother’s on-field support made possible by a dramatic visa issuance. Cape Verde keeps its hopes alive for a spot in the knockout round, led by goalkeeper Vozinha’s dazzling saves at age 40
‘The Miracle Island Nation’: The prelude to Cape Verde’s ‘World Cup 2026’ upset, launched by a population of 600,000“If all the players have faith, everything will work out. Keep your head up, get out on the pitch, and move toward your goal. My sons, fight strong and brave.
| James choi
Murdoch’s Fox Buys Roku, the No. 1 U.S. Streaming Platform, for $22 Billion

Murdoch’s Fox Buys Roku, the No. 1 U.S. Streaming Platform, for $22 Billion

Fox secures the No. 1 platform after beating Google and Amazon on market share. Fox shares plunged 15% amid concerns about financial strain from the large acquisition
The expansion of the media empire has no end. Fox Corporation, a longtime media heavyweight that dominated 20th-century living rooms, has swallowed Roku, the gateway to the digital living room of the 21st century, for $22 billion (about 33 trillion won).
| James choi
Stephen Colbert Ends “The Late Show” as Pressure-Influence Controversy Mounts, Closing 33 Years

Stephen Colbert Ends “The Late Show” as Pressure-Influence Controversy Mounts, Closing 33 Years

The final episode airs on the night of the 21st… Tribute relay featuring entertainment titans such as Tom Hanks and Bruce Springsteen CBS claims “financial reasons,” but suspicions of outside pressure intensify over whether it drove Colbert out as a “Trump critic” Jimmy Kimmel and Jimmy Fallon schedule “reruns” instead of airing live in a show of solidarity… The follow-up is Byron Allen’s comedy show
Legendary late-night talk show host Stephen Colbert (Stephen Colbert·62) — who helped lead a golden era for America’s late-night programs — has finally put down his microphone amid a sendoff from countless stars.
| Yangsimoh
Just Before Debut, a 60 Million Won “Scam”… Departure Ban for a Japanese K-Pop Trainee Caught in a Double Contract

Just Before Debut, a 60 Million Won “Scam”… Departure Ban for a Japanese K-Pop Trainee Caught in a Double Contract

Filming a music video, then suddenly vanishing… Police launch a probe into repeated double contracting aimed at smaller agencies
A Japanese trainee in the K-pop debut lineup sparks backlash after a sudden disappearance over a “scam” worth tens of millions of wonA meticulously planned “double contract” and a sudden disappearanceA Japanese member, poised to debut as a K-pop idol group, suddenly vanished, prompting police to...
| James choi
‘The Late Show’ Colbert, as the Run Ends, Directs Criticism at Trump… “A Narcissist Who Would Burn the World for His Own Advantage”

‘The Late Show’ Colbert, as the Run Ends, Directs Criticism at Trump… “A Narcissist Who Would Burn the World for His Own Advantage”

In an NYT interview, he sharpened his criticism instead of saying goodbye… “It’s not partisanship—it’s narcissism that’s the problem” Suspicion of outside pressure reignites after CBS’s sudden cancellation… “The broadcaster that wanted a long-term contract suddenly changed its stance” Final broadcast next month on the 21st… Leaving after 9 years behind the reputation of “The King of Late-Night TV”
Stephen Colbert, long regarded as an absolute powerhouse of American late-night talk shows and known as a “Trump sniper,” poured out no-holds-barred barbs at President Donald Trump as his program’s cancellation approached.
| Yangsimoh
Netflix Launches a $37 Trillion Won-Scale Share Buyback… Intensifies Efforts to Defend the Stock Price and Enhance Shareholder Value

Netflix Launches a $37 Trillion Won-Scale Share Buyback… Intensifies Efforts to Defend the Stock Price and Enhance Shareholder Value

The board approves a $25 billion share buyback… After earnings were announced, moves to calm market sentiment that plunged After the Warner Bros. Discovery deal fell through, it chose “cash returns”… Focused on rebuilding trust ahead of the founder’s departure Expresses confidence in “stable cash flow” built on new growth engines such as advertising and gaming
Global OTT leader Netflix has made the bold move of a $25 billion (about 37. 1 trillion won) share buyback to relieve the intensified stock-price drop pressure following its recent earnings release and restore shareholder confidence.
| Yangsimoh
[Photo &] 'KRW 43 Billion Lawsuit' ADOR vs NewJeans' Danielle·Min Hee-jin, First Oral Arguments

[Photo &] 'KRW 43 Billion Lawsuit' ADOR vs NewJeans' Danielle·Min Hee-jin, First Oral Arguments

A battle over responsibility for NewJeans departures and delayed returns… Trial begins over ADOR's KRW 43 billion-plus damages claim
'ADOR', a KRW 43 billion-plus 'damages' lawsuit filed against 'Min Hee-jin'·'Danielle' gets under wayADOR, the agency of the girl group 'NewJeans', has filed a massive 'damages' lawsuit seeking 43 billion won against former CEO 'Min Hee-jin' and member 'Danielle', marking the start of a legal...
| James choi
The Cost of Freedom is $270 Million... Britney Spears Sells All Her Hit Songs

The Cost of Freedom is $270 Million... Britney Spears Sells All Her Hit Songs

'Toxic' to 'Baby One More Time'... Legendary Songs Sold to 'Primary Wave' alongside Justin Bieber's $200 Million 'Jackpot'... Achieves Financial Independence After Breaking Free from Conservatorship, Hints at Retirement with 'I Won't Perform in the U.S. Again'... The 'Catalog Sale' Trend Continues with Bob Dylan and Sting
From 'Pop Fairy' to a True Free Person, Britney Spears has sold her entire music career for an astronomical amount.According to foreign media such as TMZ and NBC News on the 11th , Britney Spears has signed a contract to transfer ownership of her entire music catalog to the music publishing company...
| Yangsimoh