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Netflix takes drastic action as stock plunges 40%, cuts 1,000 jobs

Netflix takes drastic action as stock plunges 40%, cuts 1,000 jobs

Layoffs affect 6% of workforce, the biggest reduction since 2022, as company moves to protect profitability
Falling viewing time and intensifying competition make breakthrough urgent Netflix, the world’s largest video streaming company, will cut about 6% of its workforce as it responds to slowing growth and subscriber departures.
| James choi
Lee Jung-eun, Kim Moo-yeol reunite in Netflix's

Lee Jung-eun, Kim Moo-yeol reunite in Netflix's "Grandma" after four years — 70-something takes up a gun for her grandson

Noir action series based on a webtoon of the same name; directed by Lee Kwon of "The Killer's Shopping List," with Heo Joon-ho joining as a villain
Lee Jung-eun transforms into a 70-something killer in "Grandma" — reunion after four years sets stage for bloody revenge Netflix original series officially confirmed, directed by Lee Kwon of "The Killer's Shopping List," with Heo Joon-ho and Kim Moo-yeol joining the cast Four years after "Juvenile...
| James choi
Ma Dong-seok spotted in Netflix's 'Extraction 3,' set for action showdown with Chris Hemsworth

Ma Dong-seok spotted in Netflix's 'Extraction 3,' set for action showdown with Chris Hemsworth

He will act alongside Idris Elba and others while filming 'The Roundup 5,' due in theaters next year
Filming for 'The Roundup 5,' which began in May, will continue alongside the Netflix project as both Korea and the United States prepare for next year's theatrical release Global franchise expands with Hollywood's choice: an unmatched action icon Ma Dong-seok, a symbol of Korean action cinema, is...
| James choi
Netflix “Back-to-Duty Cops” Stars Cha Tae-hyun and Uhm Ji-won… Fathers-of-Five Adoption Marriage with Crime Boss Crackdown Amid Heavy Childcare

Netflix “Back-to-Duty Cops” Stars Cha Tae-hyun and Uhm Ji-won… Fathers-of-Five Adoption Marriage with Crime Boss Crackdown Amid Heavy Childcare

Director Kim Jong-hyeon helms with “Superstar Thank-you,” as a detective husband and a former police officer turned wife join a National Intelligence Service covert operation
A detective dad in “all-the-childcare” mode and the wife of a National Intelligence Service agent team up in a twist—targeting global screens Global streaming platform “Netflix” has officially moved forward with the production of the original family action comedy film “Back-to-Duty Cops”, setting...
| James choi
4 Venice Film Festival Picks Headed to Korea This Year

4 Venice Film Festival Picks Headed to Korea This Year

The Venice International Film Festival, counted among the world’s three major film festivals along with the Berlin International Film Festival and the Cannes Film Festival, has announced the lineup for its 83rd edition. The festival runs Sept. 2–12 in Venice, Italy.
| Seongchan Eol
Interview: Nam Joo-hyuk on ‘The East Palace,’ Action Scenes and What’s Next

Interview: Nam Joo-hyuk on ‘The East Palace,’ Action Scenes and What’s Next

※ This interview with 〈The East Palace〉 star Nam Joo-hyuk continues from Part 1. You made Gu-cheon look noticeably different in the real world and in the realm of spirits. How did you approach the styling differences.
| Kim Ji-yeon
So Ji-seob’s Action Lands…“Mr. Kim” Breaks Through With 22.3% Rating in Episode 6, Topping SBS’ All-Time No. 2

So Ji-seob’s Action Lands…“Mr. Kim” Breaks Through With 22.3% Rating in Episode 6, Topping SBS’ All-Time No. 2

So Ji-seob’s “Mr. Kim,” surpassing “Taxi Driver 2 (Model Taxi 2),” takes over the No. 2 spot in history with a 22.3% viewership rating. It dominates Netflix’s No. 1 and sparks a box-office-style surge
The destructive power that challenges “Penthouse” dominance, a new horizon for Korean hardboiled action Seoul’s living-room TV market is in the midst of a major shift. The hardboiled action revenge drama 'Mr. Kim', starring actor 'So Ji-seob', has been tearing through the elusive 22% viewership...
| James choi
So Ji-sub Leads ‘Manager Kim’ to 21.6% Viewership in Just 4 Episodes…SBS Friday-Saturday Drama Ranks No. 3 of All Time

So Ji-sub Leads ‘Manager Kim’ to 21.6% Viewership in Just 4 Episodes…SBS Friday-Saturday Drama Ranks No. 3 of All Time

So Ji-sub’s brutal revenge drama has taken over home viewing. Breaking past 21.6% in only four episodes, it ranks as the No. 3 biggest hit of all time
The return of the action king that swallowed up the home-viewing audience is relentless. The SBS Friday-Saturday drama 'Manager Kim,' led by actor 'So Ji-sub,' is charging full speed, breaking through the fabled mark of '20% viewership' in one go and writing a new chapter in Korean action thrillers.
| James choi
Why Is Yoon Kyung-ho's First Greeting So Funny? 😂 #Husbands in Action #Netflix

Why Is Yoon Kyung-ho's First Greeting So Funny? 😂 #Husbands in Action #Netflix

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| Oh Han-joo
Yoon Kyung-ho’s Never-Ending Commentary Had Lee Da-hee in Tears (of Laughter) #Husbands in Action #Netflix

Yoon Kyung-ho’s Never-Ending Commentary Had Lee Da-hee in Tears (of Laughter) #Husbands in Action #Netflix

【 Subscribe to CINEPLAY ! 】Subscribe to CINEPLAY ･ᴥ･➡️ http://bit.ly/w_cineplay➡️ IG@cineplay_kr
| Oh Han-joo