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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
'21st Century Lady' and Other Core K-Contents Make Their Mark on the Cannes Stage

'21st Century Lady' and Other Core K-Contents Make Their Mark on the Cannes Stage

At the Cannes International Series Festival, investment briefing and screening events including 'A Secret Thank-You' are held…Proving K-Content’s standing
'K-Drama' is set to kick off a full-scale 'Global Market Push' by hosting large-scale 'Investment Briefings' and 'Screening Events' in Cannes, France.'21st Century Lady' and Other Core K-Contents Make Their Mark on the Cannes StageWith around 40 countries worldwide and some 20,000 industry...
| James choi
K-Content Movies and TV Dramas, Break Through Canada’s $400 Billion Fund… Sign a Co-Production Agreement

K-Content Movies and TV Dramas, Break Through Canada’s $400 Billion Fund… Sign a Co-Production Agreement

The Korea Communications Commission (KCC) holds an audiovisual co-production agreement with Canada for the first time in 8 years. With recognition of domestic content and support from a large-scale media fund, a stepping stone for entering North America is secured.
A huge gateway secured for K-content to enter the North American marketKorea and Canada, after talks began in 2017, finally reach 'results after eight years'Co-produced works are granted 'domestic content' status and benefits equally in both countriesAccess secured to Canada’s '$400 billion...
| James choi
Global Hit: Nongshim Brings “Shin Ramyun as a Movie” to Jeonju International Film Festival for Its 40th Anniversary

Global Hit: Nongshim Brings “Shin Ramyun as a Movie” to Jeonju International Film Festival for Its 40th Anniversary

To mark the 40th anniversary of Shin Ramyun’s launch, two short films directed by Oh Seyeon and Kim Taeyeop will be screened… Jeonju Film Street pop-up store operations
Nongshim at the 27th Jeonju International Film Festival announced on the 22nd that it will present a short film to celebrate the 40th anniversary of the launch of the national representative ramen brand “Shin Ramyun.
| James choi
[Exclusive Interview] This Time, It’s a K-Dessert Variety Show! A Meet-Up With the Five Muses of “Bite me Sweet” ① Im Seong-gyun

[Exclusive Interview] This Time, It’s a K-Dessert Variety Show! A Meet-Up With the Five Muses of “Bite me Sweet” ① Im Seong-gyun

〈Bamis〉 is a K-dessert variety show where five famous female pastry chefs from across Southeast Asia and five rising Korean male celebrities form teams in pairs of two. They create creative desserts using K-style ingredients.
This time, it’s all about K-desserts. 〈Bite me Sweet〉(Bite Me Sweet, hereafter 〈Bamis〉) is a variety show where five famous female pastry chefs from across Southeast Asia and five rising Korean male celebrities team up in pairs of two to create creative desserts using K-style ingredients.
| Joo Seong-cheol
Gian84’s Hand-Signed Release Draws Attention…New Balance Opens Seongsu and Suwon Pop-Ups

Gian84’s Hand-Signed Release Draws Attention…New Balance Opens Seongsu and Suwon Pop-Ups

E-Land New Balance teams up with webtoon creator Gian84 to hold pop-up stores in Seongsu and Suwon Customers will receive a pair of handwritten-signature shoe boxes on a first-come, first-served basis, and a special running session will also be held
[Photo Feature] A harmony of sports heritage and original artwork—on-site special limited-edition collection from 'New Balance' X 'Gian84'A Meeting of a Global Sports Brand and a Leading CreatorNew Balance, a global sports brand, has teamed up with webtoon creator and broadcaster 'Gian84' to...
| James choi
CBS Announces a Generation Shift in Late-Night Comedy... “The Late Show” Heads Out, and Byron Allen’s “Comics Unleashed” Arrives

CBS Announces a Generation Shift in Late-Night Comedy... “The Late Show” Heads Out, and Byron Allen’s “Comics Unleashed” Arrives

“The Late Show” Ends on May 21... Starting the Next Day, “Comics Unleashed” and “Funny You Should Ask” Are Scheduled Immediately Byron Allen Buys CBS’s Time Slot and Sells Ads Directly... A Strategy to Strengthen Network Profitability Allen Media Group Chairman “The Platform We Founded 20 Years Ago Will Take Charge of Laughter in Late-Night Hours”
With the end of CBS’s flagship late-night talk show, The Late Show with Stephen Colbert, the U. S. broadcast network CBS has declared the start of a new era in late-night entertainment. ■ First broadcast on May 22. . .
| Yangsimoh
The Court Upholds Its Decision in Favor of JTBC… Maintains a Provisional Injunction Banning Production and Distribution of ‘Flame Baseball’

The Court Upholds Its Decision in Favor of JTBC… Maintains a Provisional Injunction Banning Production and Distribution of ‘Flame Baseball’

Seoul Central District Court Dismisses Studio C1’s Appeal… “Substantial Sequel to Strongest Baseball” Director Jang Si-won’s YouTube variety show ‘Flame Baseball’ is found to have infringed copyright and engaged in unfair competition The side behind ‘Flame Baseball,’ which has announced plans to push ahead with Season 2 amid the legal dispute… the future of the Gocheok Dome games remains uncertain
Led by PD Jang Si-won, the YouTube baseball variety show ‘Flame Baseball’ has lost in its copyright dispute with the original JTBC program ‘Strongest Baseball,’ effectively shutting down its production and sales.
| Yangsimoh
Rescuing Struggling Small and Mid-Sized Films in Crisis… “KT Studio Genie” and “CJ CGV” Form a Major Alliance to Support Them

Rescuing Struggling Small and Mid-Sized Films in Crisis… “KT Studio Genie” and “CJ CGV” Form a Major Alliance to Support Them

One-stop support from theatrical releases to OTT distribution… Discovering and supporting 4+ films annually to build a sustainable, mutually beneficial content ecosystem
“KT Studio Genie”·“CJ CGV” Sign a Strategic “Memorandum of Understanding ” to Reshape the Content Ecosystem“KT Studio Genie” and “CJ CGV” have joined forces in a major move to provide full support for the theatrical release of “small and mid-sized films” that struggle to secure large-scale releases.
| James choi
[Photo&] IU and Byeon Woo-seok’s “The Noble Lady of the 21st Century” Foreshadows a Second “Princess Hours” Syndrome, “At the Production Press Conference”

[Photo&] IU and Byeon Woo-seok’s “The Noble Lady of the 21st Century” Foreshadows a Second “Princess Hours” Syndrome, “At the Production Press Conference”

A constitutional-monarchy romance reunites IU and Byeon Woo-seok after 10 years. MBC’s new drama “The Noble Lady of the 21st Century” is raising expectations for a hit.
The Prologue of Royal Romance, Foreshadowing a Second “Princess Hours” SyndromeActors 'IU' and 'Byeon Woo-seok' have teamed up for MBC’s new Friday-Saturday drama 'The Noble Lady of the 21st Century'. Set in a bold world where the country runs on 'a constitutional monarchy', it tells the story of a...
| James choi