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Scalpers pocket 1.1 billion won selling BTS tickets, until their operation is exposed…

Scalpers pocket 1.1 billion won selling BTS tickets, until their operation is exposed…

Top 10 accounts flagged for 6,020 illegal posts; single account tops 200 million won in sales
Scalping market infiltrates social media, targeting top-tier artists Online social media has become a hotbed for illegal ticket scalping. More than 100 ticket-sale posts appeared each month on a single account alone, revealing an organized and clandestine illicit market that has evaded the...
| James choi
Paramount-Warner merger clears final hurdle, stocks jump 10% on 2 trillion won twist

Paramount-Warner merger clears final hurdle, stocks jump 10% on 2 trillion won twist

Settlement of antitrust lawsuits by 12 states puts deal on track to close within two weeks, with conditions requiring 30 releases a year and editorial independence
Paramount-Warner merger enters final countdown Deal settles antitrust lawsuits with $1. 5 billion film investment over five years and a requirement to release 32 films by the 30th of this month The birth of a media giant poised to reshape Hollywood has finally entered its countdown.
| James choi
Andrey Zvyagintsev branded a 'spy' in Russia, report says on 18th

Andrey Zvyagintsev branded a 'spy' in Russia, report says on 18th

Master director of 2014's 'Leviathan' faces sanctions, including income restrictions, over anti-war message
Power tightens its grip on art as master director is branded a 'foreign agent' The Russian government has effectively branded filmmaker Andrey Zvyagintsev a 'spy' for his critical portrayal of the devastation caused by the war in Ukraine.
| James choi
“Suspended for letting customers dance?” Culture Ministry moves to overhaul live-club rules, puts 80.2 billion won into next year’s budget

“Suspended for letting customers dance?” Culture Ministry moves to overhaul live-club rules, puts 80.2 billion won into next year’s budget

Public debate grows over revising the Food Sanitation Act enforcement rules that led to a live club’s suspension, as next year’s popular music budget is set at 80.2 billion won and concerns mount that four major agencies could monopolize FANOMENON
Music industry trapped by outdated standards as major overhaul of Food Sanitation Act rules looms The Ministry of Culture, Sports and Tourism is finally moving to address an absurd rule that can suspend a business simply because customers swayed to the music.
| James choi
Ha Jung-woo, Vice Chair of National AI Strategy Committee, Praises ‘Stilray’ at Insight Talk

Ha Jung-woo, Vice Chair of National AI Strategy Committee, Praises ‘Stilray’ at Insight Talk

This sci-fi action film follows a man who dons the AI he created and the combat suit his father discarded to take on the deadliest virus and save humanity from a rogue AI.
〈Stilray〉 is a 90-minute robot sci-fi film made entirely with AI. It is not a film that merely used AI in part; it is a feature-length production created with AI tools from planning and video production through postproduction.
| Joo Seong-cheol
Yeongwol's Danjong score becomes French president's walk-on, walk-off music; typeface, film go global

Yeongwol's Danjong score becomes French president's walk-on, walk-off music; typeface, film go global

Yang Bang-ean's “Rebirth” played at the Lumière Summit, while the “Yeongwol Typeface” won two international design awards
Yang Bang-ean's “Rebirth” captivates France — the secret behind Yeongwol's K-content success in three countries Global achievements include the theme song for the Danjong Culture Festival's 60th anniversary in 2027 and the “Yeongwol Typeface,” which swept design awards in Taiwan and Japan Music, a...
| James choi
‘Geoje Yaho’ RESCENE becomes first entertainers named Geoje honorary citizens, chosen as 68th honorees

‘Geoje Yaho’ RESCENE becomes first entertainers named Geoje honorary citizens, chosen as 68th honorees

City council approves designation as submitted on the 9th, recognizing group’s contribution to raising Geoje’s profile through the ‘Geoje Yaho’ meme
How a local meme sparked a miracle and opened a new chapter in regional promotion Girl group ‘RESCENE’ has become the ‘first in South Korea’ popular-culture act to be named an ‘honorary citizen’ of Geoje, South Gyeongsang Province.
| James choi
“I worry only old trees will remain”: President Lee vows in France to restore “K-content” ladder after meeting Lee Chang-dong, Jeon Do-yeon

“I worry only old trees will remain”: President Lee vows in France to restore “K-content” ladder after meeting Lee Chang-dong, Jeon Do-yeon

At the Lumière Summit in France, the president meets leading figures in K-content, including Netflix executives, and says he will “immediately review” Lee Chang-dong’s proposal for tax incentives to spur private investment
President Lee Jae-myung, on a state visit to France, attended the “Lumière Summit”, a global summit for the film and video industry held near Nice on July 7 local time. There, he met leading figures from South Korea’s film industry and pledged comprehensive support for the “K-content” “ecosystem.
| James choi
CJ CGV target price raised to 6,000 won as Spider-Man 4 fuels box office; Q3 profit seen at 56.4 billion won — “Strong theater performance expected in September”

CJ CGV target price raised to 6,000 won as Spider-Man 4 fuels box office; Q3 profit seen at 56.4 billion won — “Strong theater performance expected in September”

KB Securities keeps its “Hold” rating as a 2,200 billion won 4DPLEX investment eases the company’s global financial burden
“KB Securities” raised its target price for “CJ CGV” on the 7th, forecasting strong box-office performance in September while maintaining its “Hold” rating. The target price was raised to 6,000 won from 5,000 won. “CJ CGV” closed at 5,400 won in the previous trading session.
| James choi
'TVING' breach exposes all 39.54 million accounts ... delayed reporting over abandoned access keys brings 30 million won fine

'TVING' breach exposes all 39.54 million accounts ... delayed reporting over abandoned access keys brings 30 million won fine

361 core technology assets, including source code, leaked after plaintext access keys were left exposed despite a simulated-hacking warning
A breach at 'TVING', one of South Korea's leading over-the-top streaming platforms, exposed all 39.54 million user accounts as well as core technology assets in an unprecedented incident. The breach resulted from human error: access keys were left unencrypted and unattended, and the company's...
| James choi