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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.
| James choi
Park Chan-wook, Bong Joon-ho, Jang Hang-jun, Yoon Ga-eun and 27 other film directors publish debut essay 『My First Action』!

Park Chan-wook, Bong Joon-ho, Jang Hang-jun, Yoon Ga-eun and 27 other film directors publish debut essay 『My First Action』!

Featuring the voices of directors affiliated with the Directors Guild of Korea (DGK), the 2014 book 『The Moment of Debut』 has been revised and expanded and published in two volumes, 1 and 2.』
A nonfiction essay vividly recounting the hard-fought debut journeys of 31 leading directors shaping South Korean cinema, 『My First Action』 (jointly planned by the Directors Guild of Korea and CinePlay), has been published.
| Joo Seong-cheol
National Asian Culture Center to host 2026 ACC Big Door Cinema from Oct. 29-31

National Asian Culture Center to host 2026 ACC Big Door Cinema from Oct. 29-31

The “One Day, One Master: Fall in Love Cinema” program will feature screenings of “200 Pounds Beauty” (2006), “The Contact” (1997) and “Shiri” (1999), along with appearances by the films’ directors and actors.
The National Asian Culture Center , an institution affiliated with the Ministry of Culture, Sports and Tourism and led by Kim Sang-wook, will host “2026 ACC Big Door Cinema” from Oct. 29 to 31 at the Big Door outdoor stage of Theater 1 at the National Asian Culture Center.
| Joo Seong-cheol
[Photos] ‘Killing Time’: Fake hidden-camera pranks turn into real murders in the final act of a staged broadcast that goes too far — opens on the 21st

[Photos] ‘Killing Time’: Fake hidden-camera pranks turn into real murders in the final act of a staged broadcast that goes too far — opens on the 21st

A remake of the Australian film ‘Scare Campaign,’ it marks Ryu Hye-young and Nam Yoon-soo’s first leading roles together on the big screen
When the fake becomes real … the chilling start of a nightmare A sensational “hidden-camera” segment on an internet broadcast transforms into an out-of-control murder scene in “Killing Time,” a horror-action film set to open on the 21st.
| James choi
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.
| 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
Netflix draws 400 emerging creators to BIFF for largest-ever Creative Asia

Netflix draws 400 emerging creators to BIFF for largest-ever Creative Asia

Third-year event features directors Han Jun-hee and Kang Yoon-sung and introduces its first hands-on AI workshop
400 creators poised to lead the future of K-content learn hands-on production skills Netflix held Creative Asia at the Busan International Film Festival on the 10th, bringing together emerging creators from across Asia for global exchange and professional growth in the event's largest edition yet.
| 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
Korean Cultural Center in Japan launches first Korean Film Festival in Tokyo’s Shinjuku, screening ‘Mad Dance Office,’ ‘Sunny’ and more

Korean Cultural Center in Japan launches first Korean Film Festival in Tokyo’s Shinjuku, screening ‘Mad Dance Office,’ ‘Sunny’ and more

Event that began as ‘Korean Cinema Week’ in 2001 revamped and elevated to ‘Korean Film Festival,’ running from the 14th through the 21st
A new leap forward after 26 years, a springboard for K-movies’ global expansion ‘Korean Cultural Center in Japan’ said on the 9th that it will host the first ‘Korean Film Festival’ from the 14th through the 21st at the Korean Cultural Center’s Handam Hall in Tokyo’s Shinjuku Ward.
| James choi
World’s largest anime OTT Crunchyroll officially launches in South Korea, offering Demon Slayer, Tower of God and more for 9,900 won a month

World’s largest anime OTT Crunchyroll officially launches in South Korea, offering Demon Slayer, Tower of God and more for 9,900 won a month

Service will roll out more than 20 new titles this fall and introduce the Mega Fan plan, which supports access on up to four devices
Global animation giant’s arrival signals shake-up in South Korea’s streaming market Crunchyroll, the world’s largest animation-focused online video service under Sony Group, said on the 8th that it had officially launched its service in South Korea.
| James choi