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"Cash is King"... Paramount Declares War on Netflix with $108.4 Billion Hostile Takeover

David Ellison "$30 per share in all cash"... Spending $17.6 Billion more than Netflix
"There is one truth that remains unchanged on Wall Street. That is, cash is king . " David Ellison, CEO of Paramount, threw an astronomical cash bomb of $108. 4 billion (approximately 153 trillion won) to overturn the table set by Netflix.
| Yangsimoh
HYBE Chairman Bang Si-hyuk Summoned Twice for 'Fraudulent Trading' Allegations Related to IPO

HYBE Chairman Bang Si-hyuk Summoned Twice for 'Fraudulent Trading' Allegations Related to IPO

Police Focus on False Disclosure of Listing Plans and Allegations of Acquiring Approximately 190 Billion Won in Undue Profits
Bang Si-hyuk, Chairman of HYBE, has recently confirmed to have undergone two additional summons related to the allegations of 'fraudulent trading' raised during the IPO process. The police suspect that Chairman Bang provided false information to induce a specific private equity fund to sell its...
| Yangsimoh
Prosecution Appeals 'SM Stock Manipulation Allegation' Acquittal of Kakao's Kim Beom-soo

Prosecution Appeals 'SM Stock Manipulation Allegation' Acquittal of Kakao's Kim Beom-soo

Second trial at Seoul High Court...Expected to rule on the illegality of market manipulation
The Seoul Southern District Prosecutors' Office filed an appeal on the 28th against the first trial acquittal of Kim Beom-soo, the head of the Future Initiative Center (former Chairman of the Management Innovation Committee) of Kakao, who was indicted on charges of stock manipulation related to SM...
| Yangsimoh
Naver Webtoon Entertainment's 'Disney Partnership' Stock Soars 80% in One Day

Naver Webtoon Entertainment's 'Disney Partnership' Stock Soars 80% in One Day

Avengers, Spider-Man, Star Wars Webtoon Adaptations... Wall Street 'Stringent Disney Approval Proves Value'
Naver Webtoon Entertainment, the parent company of Webtoon, announced a global partnership with The Walt Disney Company, resulting in a record stock surge of over 80% in just one day on the New York Stock Exchange. On the 13th , Webtoon Entertainment closed at $16. 96 on the New York Stock Exchange.
| 엔터플레이