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Netflix Korea revenue tops 1 trillion won, surges 1.7-fold ... 81% of proceeds go to U.S. headquarters

Netflix Korea revenue tops 1 trillion won, surges 1.7-fold ... 81% of proceeds go to U.S. headquarters

Domestic operating profit reaches just 20.3 billion won, highlighting uneven revenue-sharing structure behind K-content's success
Global online video streaming giant 'Netflix' generated more than 1 trillion won in revenue in South Korea last year for the first time since entering the market. But 81% of that massive revenue was remitted to its U. S. headquarters, leaving the Korean entity with operating profit of just 20.
Jung Joo-ri receives France’s Chevalier honor for ‘Dora’; Jang Byung-wook wins Korea’s first Angénieux award

Jung Joo-ri receives France’s Chevalier honor for ‘Dora’; Jang Byung-wook wins Korea’s first Angénieux award

31st Busan International Film Festival marks 140 years of Korea-France ties with honors for cinematographer Jang Byung-wook
Director beloved by Cannes receives France’s highest arts honor Jung Joo-ri, director of the film ‘Dora’, has been awarded the rank of ‘Chevalier’ in France’s Order of Arts and Letters. The Embassy of France in Korea announced on the 14th that it had presented the honor to Jung at the 2026 French...
'MMA 2026' makes history with first-ever two-day run; IVE among 26 acts

'MMA 2026' makes history with first-ever two-day run; IVE among 26 acts

Event set for Nov. 14-15 at Gocheok Sky Dome, with NCT DREAM, aespa and more
Global K-pop festival evolves, promising powerhouse performances from top artists The Melon Music Awards, South Korea's biggest popular music awards show, has completed a star-studded lineup for 'MMA 2026', heightening anticipation among K-pop fans worldwide.
Yuju takes full production reins on 'File. 07,' a six-track record of lasting emotions

Yuju takes full production reins on 'File. 07,' a six-track record of lasting emotions

Six tracks, including title song 'Unsolved,' are set for official release at 6 p.m. on the 14th
A singer-songwriter in full bloom, Yuju sings of unfinished emotions Singer Yuju is returning to fans with a new release that delves deeply into her inner world. Her agency, 'AT AREA', said Yuju will release her fourth mini album, 'File. 07', at 6 p. m. on the 14th.
YG's BabyMonster set to release 'DESERVE' on 23rd; TREASURE's 'SHOCK' due next month — Yang Hyun-suk's 2027 roadmap

YG's BabyMonster set to release 'DESERVE' on 23rd; TREASURE's 'SHOCK' due next month — Yang Hyun-suk's 2027 roadmap

Debuts for new five-member and four-member groups also take shape
YG Entertainment is rolling out a large-scale artist activity plan aimed at dominating the K-pop market in the second half of the year. At the forefront, 'BabyMonster' is set to make a high-profile comeback at 1 p. m.
Kim Ji-won's 'Doctor X' takes global No. 1, breaks this year's ratings record at 14.9%

Kim Ji-won's 'Doctor X' takes global No. 1, breaks this year's ratings record at 14.9%

Kim Young-kwang and Chae Soo-bin's 'Charge Me Up' enters the top 10 in 44 countries, landing at No. 3 globally with 3 million views
A winning combination of a strong source story and commanding performances proves the formula behind K-dramas' global success The medical drama 'Doctor X', starring actor 'Kim Ji-won', is captivating viewers worldwide and riding a wave of global success.
Lee Jun-hyuk's 'Even First-Prize Lottery Winners Go to Work' Ends on 6.2% Rating

Lee Jun-hyuk's 'Even First-Prize Lottery Winners Go to Work' Ends on 6.2% Rating

tvN and TVING office drama sets a personal best, ending with the lottery-winning employee's promotion to deputy department head
An office survival story that held together even in the face of a 1. 3 billion-won jackpot TVING's 'Even First-Prize Lottery Winners Go to Work', a series that deftly interwove the fantasy and reality of an ordinary office worker, ended on a high note after striking a deep chord with viewers.
Gang leader in his 60s who ordered Tupac's killing sentenced to at least 40 years after 30 years

Gang leader in his 60s who ordered Tupac's killing sentenced to at least 40 years after 30 years

Duane Davis confesses in autobiography and is convicted of first-degree murder; prosecutors say there is insufficient evidence for additional charges 63-year-old gang leader effectively receives life sentence; further charges against Sean Combs, identified as the alleged mastermind, remain uncertain
Arrogance cracked cold case; parole eligibility comes only after 40 years The gang leader who ordered and conspired in the killing of legendary U. S. hip-hop icon 'Tupac' (2Pac) was sentenced to 40 years in prison 30 years after the crime.
Street Fighter's Secret Weapon: Ma Dong-seok; Legendary Fighters Return on 14th

Street Fighter's Secret Weapon: Ma Dong-seok; Legendary Fighters Return on 14th

Live-action adaptation of global blockbuster game adds Jason Momoa and delivers action with near-perfect fidelity
Street Fighter, the iconic fighting game that sparked a worldwide phenomenon, is finally returning as a live-action film. Set to open in South Korea on the 14th, the movie goes beyond simple entertainment, meticulously recreating the original's universe while combining it with modern action...
[New film] Park Hoon-jung's 'Sad Tropics' set to open on the 25th next month with brutal survival tale crowned by Silver Crow

[New film] Park Hoon-jung's 'Sad Tropics' set to open on the 25th next month with brutal survival tale crowned by Silver Crow

Action noir starring Kim Myung-min and Park Hae-soo wins Special Jury Prize at 44th Brussels Film Festival
Director 'Park Hoon-jung', who has built an unparalleled universe in Korean noir, is returning with a new film. Distributor Mindmark said on the 13th that 'Sad Tropics' will receive a formal theatrical release on the 25th next month.