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Paramount-Warner merger clears final hurdle, stocks jump 10% on 2 trillion won twist

Paramount-Warner merger clears final hurdle, stocks jump 10% on 2 trillion won twist

Settlement of antitrust lawsuits by 12 states puts deal on track to close within two weeks, with conditions requiring 30 releases a year and editorial independence
Paramount-Warner merger enters final countdown Deal settles antitrust lawsuits with $1. 5 billion film investment over five years and a requirement to release 32 films by the 30th of this month The birth of a media giant poised to reshape Hollywood has finally entered its countdown.
| James choi
Netflix Acquires Warner Bros for 72 Billion Dollars... Embracing Movies and HBO

Netflix Acquires Warner Bros for 72 Billion Dollars... Embracing Movies and HBO

Absorbing only the 'valuable' excluding cable like CNN... Achieving the largest M&A in media history
Global number one streaming platform Netflix has successfully completed a 'deal of the century' that will shake up the media industry by acquiring the core business divisions of Hollywood traditional powerhouse Warner Bros. Discovery (hereinafter Warner Bros. ).
| 김지민
Birth of a Super Giant Media Company? News of Netflix's Acquisition of Warner Reported

Birth of a Super Giant Media Company? News of Netflix's Acquisition of Warner Reported

Despite reports that Netflix is seeking advice from investment banks, there is no official stance from either company
Big news has emerged that Netflix is considering the acquisition of Warner Bros. Discovery. The media outlet 'CNBC' reported that Netflix is actively moving to acquire Warner Bros. Discovery, confirming this with several sources.
| Seongchan Eol
[Photos] Producer-director Pyo Jae-soon reveals six decades of backstage stories at 89 ... A master’s record spanning the 1988 Seoul Olympics to beloved national dramas

[Photos] Producer-director Pyo Jae-soon reveals six decades of backstage stories at 89 ... A master’s record spanning the 1988 Seoul Olympics to beloved national dramas

Publishes first autobiographical essay, “Gya, What’s Your Job?,” titled after a quip by late actor Jang Min-ho ... Yoo In-chon, Shin Goo and other cultural veterans turn out in force
At 89, master reveals the truth behind six decades onstage “I have the surname Pyo, but I spent my whole life trying not to stand out.” Pyo Jae-soon, 89, a living history of South Korea’s broadcasting and performing arts industries, has published his first autobiographical essay, “Gya, What’s Your...
| James choi
'HYBE's next girl group' TUIDE makes surprise debut today (24th), heralding a new K-pop direction

'HYBE's next girl group' TUIDE makes surprise debut today (24th), heralding a new K-pop direction

TUIDE, a seven-member multinational girl group under ABD, a new HYBE label, releases its first mini-album on the 24th GroovyRoom produces every track, while the group sets itself apart with 'Soultronic,' a genre blending soul and electronic music The rookie group mounts an unusually large-scale promotion, including screenings on the media facade at Shinsegae Department Store's main branch, and holds a showcase
TUIDE, a seven-member multinational girl group and the first act introduced by ABD, a new label under HYBE Music Group, is making its debut in the Korean music industry with the release of its first mini-album. TUIDE (Seo-hee, Seo-yeon, Elena, Jia, Saki, Se-a and Lee Ha-neui) will release its debut...
| Seongchan Eol
Paramount reviews sale of CNN for merger with Warner as an extreme move to relocate its headquarters

Paramount reviews sale of CNN for merger with Warner as an extreme move to relocate its headquarters

Seeking a way out of antitrust lawsuits by 12 states… CLO Makan Delrahim says it is reviewing all options
“CNN sale” Paramount makes an extreme move to block the merger with Warner… even pulls out the option of moving its California headquarters Paramount has brought out the extreme measure of a “CNN sale”, a key obstacle to its “mega merger” with Warner Bros.
| James choi
EBS Documentary Series

EBS Documentary Series "Witness of the Era"... From 91-year-old Shin Goo and 99-year-old Nora No to Son Suk-hee, Kim Yoon-a, and Lee Se-dol — 12 masters in a weighty spotlight

Premiering Aug. 2, the series shines a light on 12 icons of pop-culture. Behind-the-scenes stories include Yoo Hae-jin’s “Shin Goo Scholarship” anecdotes
The views of 12 people who span the era, tracing turning points in pop culture EBS presents the documentary series “Witness of the Era. ” On its Aug. 2 premiere, actor Shin Goo is in the spotlight. On the Sept. 9 second broadcast, it will spotlight Nora No, a living legend of Korean fashion.
| James choi
Paramount–Warner $163 Trillion Deal: Cleared by EU, But Blocked by 12 U.S. States

Paramount–Warner $163 Trillion Deal: Cleared by EU, But Blocked by 12 U.S. States

Conditional EU approval hinges on divesting stakes within 13 months… British regulators hint at involvement, and the final resolution faces hurdles amid U.S. antitrust lawsuits
Will the Paramount-Warner $163 Trillion Mega Deal Come Together… Despite EU Approval, 12 U.S. States Signal Opposition Divestment of stakes within 13 months after conditional approval raises the possibility of intervention by British regulators The EU’s Tough Scrutiny: Clears the First Hurdle of...
| James choi
‘Mind of Mencia’ Comedian Carlos Mencia Arrested on the Spot… Accused of Hiding $12 Billion Won in Income and Tax Evasion

‘Mind of Mencia’ Comedian Carlos Mencia Arrested on the Spot… Accused of Hiding $12 Billion Won in Income and Tax Evasion

Arrested at his LA home on the morning of the 18th… Charged with 12 felony counts, including willful failure to report personal and corporate taxes from 2019 to 2024 LA district attorney: “One of the most notorious high-volume repeat tax delinquents”… If convicted, could face up to 11 years in prison A past remark that “taxes are a good thing” comes back to haunt him… After a “plagiarism” controversy, he was on tour when he was detained
Carlos Mencia, a comedian who ruled the U. S. stand-up comedy world as a mid-2000s entertainment giant, was arrested on the spot by police on suspicion of hiding a massive income amounting to $8. 7 million (about 12 billion won) and evading taxes. ■ Arrested in a surprise raid at 7 a. m.
| Yangsimoh
Even a U.S. Pop Star Cancels Shows—But BTS’s World Tour Returns After 7 Years With Every Ticket Sold Out in a Frenzy

Even a U.S. Pop Star Cancels Shows—But BTS’s World Tour Returns After 7 Years With Every Ticket Sold Out in a Frenzy

As the U.S. live-music industry grapples with a shortage of remaining seats driven by high inflation, BTS’s first tour in seven years sells out every show and turns the entire city into a festival
The U.S. live music industry—the heart of the global concert business—has hit an unprecedented deep freeze. Amid the fallout from punishing inflation and ticket-price hikes that have derailed major pop stars’ tours one after another, “BTS”’s North American and European tour has been delivering...
| James choi