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Netflix takes drastic action as stock plunges 40%, cuts 1,000 jobs

Netflix takes drastic action as stock plunges 40%, cuts 1,000 jobs

Layoffs affect 6% of workforce, the biggest reduction since 2022, as company moves to protect profitability
Falling viewing time and intensifying competition make breakthrough urgent Netflix, the world’s largest video streaming company, will cut about 6% of its workforce as it responds to slowing growth and subscriber departures.
| James choi
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...
| James choi
[Parliamentary Audit] Historical Controversy Over 'Assassins' ... Why KOCCA Really Gave It A Grades in 10 Categories

[Parliamentary Audit] Historical Controversy Over 'Assassins' ... Why KOCCA Really Gave It A Grades in 10 Categories

Korea Creative Content Agency President Kim Yoon-ji appears at the Culture, Sports and Tourism Committee's parliamentary audit on Oct. 12, defending a 26-year veteran director's abilities and the freedom of creative expression
Personal attacks that stifle imagination raise fears for K-content Kim Yoon-ji, president of the 'Korea Creative Content Agency', took a firm stand in defense of creative freedom amid the recent controversy over alleged 'historical distortion' in the film 'Assassins'.
| James choi
'My Mister' writer Park Hae-young takes aim at zero-revenue contracts, demands end to buyout practice:

'My Mister' writer Park Hae-young takes aim at zero-revenue contracts, demands end to buyout practice: "Copyright law must change to ensure fair compensation"

Creators' Alliance, formed by six groups including the Korean Film Directors' Guild, urges passage of copyright amendment introduced on the 17th
The face of K-content stripped of copyrights: Buyout practices run counter to global standards The Korean Broadcasting Writers Association and the Korean Film Directors' Guild were among six groups that formed the Creators' Alliance, which held a news conference at the National Assembly on the 12th...
| James choi
Film 'Assassin(s)' Tops 3 Million Amid Political Controversy and Canceled Stage Appearances

Film 'Assassin(s)' Tops 3 Million Amid Political Controversy and Canceled Stage Appearances

Film about the hunt for those behind a 1974 assassination attempt targeting the first lady draws 3 million viewers in 20 days All stage appearances canceled after cast members face vulgar attacks amid conservative accusations of historical distortion Fierce backlash follows as production company denies directly naming the mastermind and the film industry issues a statement protecting creators
〈Assassin 〉 has surpassed 3 million viewers amid controversy. The film 〈Assassin 〉 announced that it surpassed 3 million viewers on the morning of Oct. 13. According to the Korean Film Council's integrated computer network for theater admissions, 〈Assassin 〉 had drawn 2.
| Seongchan Eol
The 37th Singapore International Film Festival Confirms ‘The Assassins’ as Opening Film

The 37th Singapore International Film Festival Confirms ‘The Assassins’ as Opening Film

SGIFF, citing respect for the filmmakers’ creative vision, confirms festival screening for Nov. 21
SGIFF stands by creative vision amid controversy over historical distortion The Singapore International Film Festival will screen “The Assassins”, directed by Hur Jin-ho, as the opening film of its 37th edition as scheduled.
| James choi
[Busan International Film Festival (BIFF)] Maggie Gyllenhaal's 'Flesh Impact' ... Monroe's truth awakened after 100 years:

[Busan International Film Festival (BIFF)] Maggie Gyllenhaal's 'Flesh Impact' ... Monroe's truth awakened after 100 years: "Women's cinema is written in a new language"

The 22-minute Genesis-commissioned short features Ellen Burstyn and Dakota Johnson portraying Monroe at different ages: "I imagined Monroe at 100."
Marilyn Monroe, an icon of her era reinterpreted in women's language Director 'Maggie Gyllenhaal', a celebrated actor in 'The Dark Knight' (2008) who established herself as a successful filmmaker with 'The Lost Daughter' (2022), came to the 31st Busan International Film Festival with her new film,...
| James choi
[On the Ground at BIFF] “Art Is Art”: Zhang Yimou Breaks Silence on Historical Controversy Over “Assassins”; Top Asian Film to Be Named on 15th

[On the Ground at BIFF] “Art Is Art”: Zhang Yimou Breaks Silence on Historical Controversy Over “Assassins”; Top Asian Film to Be Named on 15th

Director Jung Juri shares concerns that creators could be intimidated; the 31st Busan International Film Festival jury will select South Korea’s Academy submission from 13 competition entries
Director “Zhang Yimou”, the Chinese cinema master serving as jury president for this year’s 31st Busan International Film Festival competition, has firmly stated his position on the controversy over historical distortion surrounding “Assassins”, a film that has recently stirred South Korea’s movie...
| James choi
“You Can’t Thrive Alone”: Jeju Women’s Film Festival brings 29 films to the screen after beating 460-to-1 odds

“You Can’t Thrive Alone”: Jeju Women’s Film Festival brings 29 films to the screen after beating 460-to-1 odds

The festival will run from the 15th to the 18th at Lotte Cinema’s Jeju Yeondong branch, with 19 screenings and 22 participating teams creating a space for dialogue.
A screen for solidarity and coexistence: “You Can’t Thrive Alone” “The 27th Jeju Women’s Film Festival” will open at Lotte Cinema’s Jeju Yeondong branch for four days, from the 15th through the 18th, under the slogan “You Can’t Thrive Alone.
| James choi
52nd Seoul Independent Film Festival Announces Films Selected for Main Competition and New Currents

52nd Seoul Independent Film Festival Announces Films Selected for Main Competition and New Currents

The 52nd Seoul Independent Film Festival will take place for 10 days, from Nov. 25 (Wednesday) through Dec. 4 (Friday), at CGV Apgujeong and CGV Cheongdam Cine City.
Seoul Independent Film Festival 2026, a showcase celebrating the year in independent cinema, has announced the films selected for its Main Short and Feature Competition and New Currents sections. The 52nd Seoul Independent Film Festival received 1,917 submissions for this year's open call — 1,715...
| Joo Seong-cheol