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Netflix’s Surprise Earnings in First Quarter Topping $6 Billion… Shares Drop 9% After Founder Steps Down

Netflix’s Surprise Earnings in First Quarter Topping $6 Billion… Shares Drop 9% After Founder Steps Down

Operating profit rose 18% and beat expectations, but shares plunged 9% in over-the-counter trading after a report that Reed Hastings—the founder who led the company for 29 years—has stepped down
Global online video service Netflix recorded a surprise performance that far exceeded the market’s outlook for the first quarter this year. An ‘earnings surprise’ in Q1 notwithstanding, the impact of the complete management exit by co-founder Reed Hastings sent the stock tumbling 9% on the...
| James choi
Legend of Mexico’s Silver Screen Elsa Aguirre Dies at 96 as President Mourns

Legend of Mexico’s Silver Screen Elsa Aguirre Dies at 96 as President Mourns

The iconic figure who led Mexico’s movie golden age in the 1940s and 1950s has died at 96. President Claudia Sheinbaum mourns, saying she helped shape cultural identity
Mexico’s film muse, remembered forever after taking down the curtain on an eraLegendary actress 'Elsa Aguirre', who drove the most brilliant chapter in Mexico’s film industry, passed away on the 14th at the age of 96.
| James choi
'Jurassic Park's' Everlasting Hero, Sam Neill Dies at 78

'Jurassic Park's' Everlasting Hero, Sam Neill Dies at 78

Family and official social media announcements on the 13th (local time)… Neill fell asleep peacefully beside his family at a hospital in Sydney, Australia After a blood cancer (T-cell lymphoma) diagnosis in 2022, he recently received a clean bill of health, but an unexpected tragedy followed From Dr. Alan Grant in 'Jurassic Park' to 'The Piano' and 'Peaky Blinders,' he crisscrossed the screen in more than 150 productions over 50 years New Zealand and Australian prime ministers mourn in unison… “The greatest cultural icon that carried our film industry to the world”
The lasting star of the 'Jurassic Park' film series and a veteran of Hollywood, Sam Neill , has died. Fans were reassured after news spread that he had beaten blood cancer and recently received a clean bill of health, but his sudden death has plunged the global film industry into deep sorrow.
| Yangsimoh
[Weekend Theater] Live-Action ‘Moana’ Takes No. 1 at the Box Office, Reservation-Rate Surge for Na Hong-jin’s ‘Hope’

[Weekend Theater] Live-Action ‘Moana’ Takes No. 1 at the Box Office, Reservation-Rate Surge for Na Hong-jin’s ‘Hope’

A new blockbuster formula for Disney’s live-action remake, as the ocean fantasy swept the theater sceneDisney’s ambitious live-action project ‘Moana’ has finally lifted the curtain and seized full control of the local theater scene.
| James choi
‘Reality Queen’ Rachel Reilly, Returns to BB28 in a Flash—and Plunges Into a Fake Volcanic Eruption, ‘Death’ Elimination Shock… Who’s the Real Third Guest?

‘Reality Queen’ Rachel Reilly, Returns to BB28 in a Flash—and Plunges Into a Fake Volcanic Eruption, ‘Death’ Elimination Shock… Who’s the Real Third Guest?

Rachel Reilly returns with gusto, but during the Jurassic competition she falls into a fake volcano and gets “out” in less than a minute Host Julie Chen Moonves, personally barging into the house and dropping a “Dec. 20, 2023” bomb… Fans’ dopamine hits max volume ‘Survivor 45’ winner Dee Valladares is floated as a top contender… Her identity is revealed on Friday’s ‘Big Brother: Unlocked’
Rachel Reilly, widely regarded as one of the most distinctive characters in the history of American reality TV, made a dazzling return to Season 28 of ‘Big Brother’—only to plunge into a fake volcano within minutes of the broadcast and deliver an all-time wild “death(.
| Yangsimoh
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
‘An Icon of Car Culture’ Kyle Loftis, Founder of 1320Video, Passes Away

‘An Icon of Car Culture’ Kyle Loftis, Founder of 1320Video, Passes Away

A car-media powerhouse with 10 million fans worldwide… dies at an undisclosed age After launching in 2003, he secured 4 million YouTube subscribers with drag and street-racing content From 1320Video: “A shining presence that drove the growth of our sport… shocking and heartbreaking”
Kyle Loftis , the founder of 1320Video, a publication that has been a sacred place for car enthusiasts around the world and has led online car culture, passed away on Tuesday night.■ A media empire built on pure automotive passion… Mourners worldwide for YouTube’s 4 million On the 6th , 1320Video’s...
| 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
Shin Hyun-joon Dives Into a Doppelganger Comedy with “Wanted”: Stills Show Off a Bold 1-Person, 2-Roles Challenge

Shin Hyun-joon Dives Into a Doppelganger Comedy with “Wanted”: Stills Show Off a Bold 1-Person, 2-Roles Challenge

A doppelganger-cooperation comedy that captures the twisty chase-pursuit partnership between ordinary citizen Hyun-joon and criminal Cheol-gu Shin Hyun-joon, taking on the 1-person, 2-roles challenge for the first time in his career, joked, “I should’ve been paid for two people—(that’s) what it felt like,” and shared his upbeat thoughts Kim Byung-man, along with a star-studded supporting cast including Regina Ray, joins the film—slated for Korean theaters in June
〈Wanted〉, set to hit theaters in June, has unveiled stills highlighting actor Shin Hyun-joon’s daring 1-person, 2-roles performance.In 〈Wanted〉, Shin Hyun-joon plays Hyun-joon, an ordinary citizen who gets pulled into an unexpected situation when a criminal named Cheol-gu turns out to look exactly...
| Seongchan Eol
Park Seo-joon × Uhm Tae-goo × Jo Hye-joo “I, the Criminal” Confirmed for Disney+ Release!

Park Seo-joon × Uhm Tae-goo × Jo Hye-joo “I, the Criminal” Confirmed for Disney+ Release!

Director Hong Won-chan’s first series… A heist-like story of desire and betrayal amid a 1980s redevelopment frenzy
Disney+ has confirmed the production of a series based on the popular Kakao Webtoon 〈I, the Criminal〉, and announced a powerful starring lineup featuring Park Seo-joon, Uhm Tae-goo, and Jo Hye-joo. Set against a lawless city in the 1980s, it sets off a brutal run of desperate characters as the line...
| Chua-young