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'Cool Japan' from K-pop boom ends in cumulative deficit of 490 billion yen—Japan set for consolidation

'Cool Japan' from K-pop boom ends in cumulative deficit of 490 billion yen—Japan set for consolidation

Investment can be recouped at only 60%... The Japanese government admits the lack of a command tower was a misstep and holds countermeasure talks
"Cool Japan" loses 54 billion yen... the bleak reality behind benchmarking Korea’s Hallyu60.0% humiliation at the investment-recovery rate, rebuilding meeting set for end of this monthAn agency launched with big ambitions by Japan, designed to benchmark South Korea’s "Hallyu" and called "Cool Japan...
| James choi
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
Disney+ Strikes Back Amid Netflix's Dominance... February Korean OTT Market Shaken by Variety Content

Disney+ Strikes Back Amid Netflix's Dominance... February Korean OTT Market Shaken by Variety Content

According to Wise App's survey... Netflix leads with 14.9 million MAU, followed by Coupang Play with 8.79 million Tving and Disney+ narrowing the gap... Disney+ sees a 20% surge in users due to the success of 〈War of Destiny 49〉 Disney+ dominates in new installations... Outpacing Coupang Play and Netflix to record the fastest influx
In the domestic online video service market, Netflix continues to maintain its dominant position, while Disney+ is showing a remarkable upward trend with its groundbreaking new variety shows. ◆ [Survey Results] Netflix's 14. 9 Million 'Uncontested No. 1'. . . Coupang Play's Solid No.
| Yangsimoh
NewJeans Unveils a Surprise Group Video With Four Members After 1 Year and 4 Months — Minji’s Return Signal

NewJeans Unveils a Surprise Group Video With Four Members After 1 Year and 4 Months — Minji’s Return Signal

The agency behind NewJeans releases a debut 4th anniversary special film, saying it will announce future activity plans after finishing discussions, while Danielle shares her latest status on social media after a contract termination
After a long stretch of silence, NewJeans grabbed attention across the global music world with a sudden release of a group video featuring the four-member lineup after 1 year and 4 months. Marking the 22nd, the debut 4th anniversary, the special film featuring Minji, who had been probing the...
| James choi
3만 5천 won Tickets Sell Out Too…Backstage Tour Craze Sweeps Performance Venues, Secrets and Air Beyond the Curtain

3만 5천 won Tickets Sell Out Too…Backstage Tour Craze Sweeps Performance Venues, Secrets and Air Beyond the Curtain

Seongnam Arts Center, Sejong Center for the Performing Arts, and other major venues have evolved their tours with behind-the-stage access, rehearsal-room reveals, and hands-on programs—igniting runaway popularity
Secrets beyond the curtain, stealing the audience’s curiosityThe iron gate that had been tightly shut behind the stage has opened. The era of passively admiring completed art is over. The performing arts world now faces a new paradigm—'Backstage Tour'—an exploration of what lies behind the stage.
| James choi
IVE Jang Won-young to Throw First Pitch at Dodgers-Mets MLB Game in U.S.

IVE Jang Won-young to Throw First Pitch at Dodgers-Mets MLB Game in U.S.

The official invitation for the May 26 New York Mets vs. LA Dodgers matchup sets IVE on a North American tour, underscoring its global mainstream appeal
Taking over the Major League mound at the heart of the K-pop phenomenon'IVE ', leading the global K-pop scene, is finally stepping onto the Major League Baseball 'MLB' mound in the United States—the stage of its dreams.
| James choi
Lee Chang-dong: “Na Hong-jin’s ‘Hope’ is a crazy movie”…The high point of entertainment cinema

Lee Chang-dong: “Na Hong-jin’s ‘Hope’ is a crazy movie”…The high point of entertainment cinema

In a conversation with the audience, Lee Chang-dong praised his new film ‘Hope’…“Suspense that pushes past the limit, with Jo In-sung’s action a standout”
A titan of the Korean film industry, ‘Lee Chang-dong’, offered praise for ‘Na Hong-jin’’s new work ‘Hope’ that felt less like a compliment and more like awe. “The absolute peak that an entertainment film can reach—that’s a crazy movie, plain and simple.
| James choi
'Bugonia,' Hollywood Remake of 'Save the Earth,' Nominated in 3 Categories at the Critics Choice Awards

'Bugonia,' Hollywood Remake of 'Save the Earth,' Nominated in 3 Categories at the Critics Choice Awards

A Hollywood remake of director Jang Joon-hwan's original film, it earned nominations for three awards, including best science fiction film, with Emma Stone starring.
The evolution of K-content hits the heart of Hollywood: 'Bugonia' dominates the Critics Choice AwardsA hidden masterpiece that once set screens across South Korea alight is now meeting Hollywood's massive capital and shaking up the global film world.
| James choi
Government Support Caps Actor Pay at 10% for Mid-Budget Films

Government Support Caps Actor Pay at 10% for Mid-Budget Films

Ministry of Culture, Sports and Tourism and major agencies sign a partnership deal, launching a recovery push for South Korea’s film ecosystem with a new actor-pay ceiling
Rescue operation for sinking K-movie: '10% actor-pay rule' gets underwaySouth Korea’s film ecosystem is seeking a dramatic turnaround at the edge of a cliff. To save Chungmuro from a crisis brought on by skyrocketing production costs, the government, major management companies and producers finally...
| James choi
Total Prize of 70 Million Won…‘Republic of Korea Creative Comics Contest’ Launches as a Launchpad for Webtoon Creators

Total Prize of 70 Million Won…‘Republic of Korea Creative Comics Contest’ Launches as a Launchpad for Webtoon Creators

Anyone aged 18 or older can apply; eight works will be selected including a grand prize of 20 million won, with 70 million won awarded, and submissions accepted through Sept. 22
A grand opening begins that could change the landscape of next-generation K-webtoonsA new project to discover a fresh masterpiece—meant to drive the future of K-webtoons, which have taken over the global content market—is now in motion.
| James choi