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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
ENHYPEN Named New Face of Shilla Duty Free as Brand Steps Up Global Marketing

ENHYPEN Named New Face of Shilla Duty Free as Brand Steps Up Global Marketing

Global K-pop group ENHYPEN named official promotional models for Shilla Duty Free Riding No. 1 Billboard 200 debut and five consecutive double-million-selling albums, group to expand engagement with customers overseas Brand to launch diverse global campaigns spanning online and offline promotions, digital content and more
The group ENHYPEN has been named the new face of Shilla Duty Free, underscoring its global influence. ENHYPEN named Shilla Duty Free's signature global face Shilla Duty Free and ENHYPEN's agency, BELIFT LAB, said on the 4th that the two companies signed a memorandum of understanding on the 26th of...
| Seongchan Eol
‘The King’s Man’ Showbox launches short-form label ‘Showbite,’ sets sights on 20 titles in second half

‘The King’s Man’ Showbox launches short-form label ‘Showbite,’ sets sights on 20 titles in second half

‘Taste of You’ premieres on the 11th as Showbox follows its ReelShort partnership and targets the global short-form ecosystem
Showbox, the studio behind a string of films that drew more than 10 million admissions, is making a full-scale entry into the short-form drama market.The investment and distribution company said on the 3rd that it had established ‘Showbite,’ a label dedicated to developing and producing short-form...
| James choi
'The Greatest Estate Developer' wins top prize at Bucheon Comics Awards; ceremony set for 18th

'The Greatest Estate Developer' wins top prize at Bucheon Comics Awards; ceremony set for 18th

Judges hail it as proof of the global potential of K-webtoons; 'Penholder' wins excellence award, while 'Osaka Fantasy Line' takes new artist award
Unusual blend of fantasy and civil engineering opens new horizons for webtoon industryThe Korea Manhwa Contents Agency, the country's most prestigious comics institution, announced on the 3rd that it had selected the webtoon 'The Greatest Estate Developer' as the grand-prize winner of the 23rd...
| James choi
Lee Joon-ik Makes the Case for a 'Vertical Revolution' at 'Father's Home Cooking' Q&A

Lee Joon-ik Makes the Case for a 'Vertical Revolution' at 'Father's Home Cooking' Q&A

“If horizontal film is a landscape painting, the vertical frame is a portrait. You can focus more deeply on a character’s inner life, and on set every actor gets a solo shot — it becomes a kind of liberated space for cinema where everyone stands equal.
| Kim Ji-yeon
Venice Film Festival opens today; Lee Chang-dong’s ‘Possible Love’ vies for Golden Lion

Venice Film Festival opens today; Lee Chang-dong’s ‘Possible Love’ vies for Golden Lion

Netflix film marks his return to the director’s chair after eight years as it competes with 20 contenders for the top prize… Korean film in competition for second straight year Winners to be announced at closing ceremony on the 12th… 20 films, including Kore-eda’s ‘Look Back,’ in contention
Lee Chang-dong’s ‘Possible Love’ returns to Venice after 24 years… set for worldwide release on Nov. 6Netflix film marks his return to the director’s chair after eight years as it competes with 20 contenders for the top prizeA master’s return: Breaking 24 years of silence on the island of LidoThe...
| James choi
Kim Jae-joong steps up as architect of K-music ecosystem; global market MU:CON opens Sept. 2

Kim Jae-joong steps up as architect of K-music ecosystem; global market MU:CON opens Sept. 2

Showcases by 42 acts and conference sessions will draw music professionals from South Korea and abroad to Sangam and Yongsan.
Kim Jae-joong to deliver K-music keynote as MU:CON 2026 unveils 42 actsEvent runs Sept. 2-4 at Cube Convention Center, with new AI music open session and convergence matching programGlobal music market evolves, raising questions about K-pop's futureMU:CON 2026 (MU:CON 2026), set to reshape the...
| James choi
Singer Song Ha-ye to marry star YouTuber Jo Maeryeok this year: “He’s always on my side” — a love forged through music

Singer Song Ha-ye to marry star YouTuber Jo Maeryeok this year: “He’s always on my side” — a love forged through music

She announces the wedding directly on social media on the 25th, marking a new beginning for the “Your News” singer
Song Ha-ye and Jo Maeryeok, both 32, to become married couple in surprise wedding this yearMeeting between a balladeer who debuted in 2014 and a major online broadcaster, announced directly on social media on the 25thA bond forged through music points to a new chapter in lifeSinger ‘Song Ha-ye’...
| James choi