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"No Reckless Bidding"... Netflix Withdraws Acquisition Proposal for Warner Brothers

Netflix Official Announcement: "Bid Increase Proposal Rejected"... Capital Discipline and Shareholder Value First
The absolute powerhouse of the global streaming market, Netflix, has officially withdrawn its plan to acquire Warner Bros. Discovery . This big deal, which had raised expectations for the birth of a media giant, has come to an end as Netflix decided not to raise its acquisition price any further.
Popular Webtoon ‘High School Girl Queen’ Adapted into Drama, Studio Dragon and Jaedam Media's IP Expansion in Full Swing

Popular Webtoon ‘High School Girl Queen’ Adapted into Drama, Studio Dragon and Jaedam Media's IP Expansion in Full Swing

The greatest swordsman of Joseon reincarnates as a modern high school girl… An action romance epic is anticipated
Global K-drama production company Studio Dragon and webtoon production company Jaedam Media have entered into a drama planning and development contract for the popular webtoon ‘High School Girl Queen’, marking the beginning of their collaboration.
[New Book Introduction]

[New Book Introduction] "BTS and Squid Game Are Not Coincidences"… Testimonies of 12 People Who Designed the Hallyu Myth

New Book 'The Invisible Hand That Created Hallyu'… On-site Experts Reveal the Hidden Strategies and Behind-the-Scenes of K-Content Success
Behind the glamorous stage of K-content that has swept the world, there was a fierce struggle of invisible supporters. The new book 《The Invisible Hand That Created Hallyu》 reconstructs the history of Hallyu from the perspective of planners and practitioners who designed and supported the success,...
Seoul Becomes a 'BTS Theme Park'... 'BTS The City Arirang Seoul' Opens on March 20

Seoul Becomes a 'BTS Theme Park'... 'BTS The City Arirang Seoul' Opens on March 20

From Sungnyemun and Seoul Tower Media Facades to Han River Park Experiences... Events to Celebrate the Album Release Will Take Place Across Seoul Until April 12
In celebration of the release of BTS's fifth studio album, all of Seoul will be transformed into a large-scale cultural festival space. Big Hit Music announced on the 6th that from March 20, the release date of BTS's fifth studio album 'Arirang' , until April 12, 'BTS The City Arirang Seoul' (BTS...
CGV, 2025 Domestic Film Market Analysis…“Special Theaters, Repeat Viewings, and Animation Drive Box Office Success”

CGV, 2025 Domestic Film Market Analysis…“Special Theaters, Repeat Viewings, and Animation Drive Box Office Success”

Repeat viewings in special theaters lead the box office success
The domestic film market in 2025 is analyzed as a year where the trend of 'experiential consumption' centered around special theaters and repeat viewings became prominent. According to CGV's data strategy team on the 5th, more than 1 in 5 customers visiting CGV experienced special theaters,...
[Photo &] CGV Revenue Surpasses 2.2 Trillion Won... 'Special Theaters' Prove Successful with 27% Increase in Operating Profit

[Photo &] CGV Revenue Surpasses 2.2 Trillion Won... 'Special Theaters' Prove Successful with 27% Increase in Operating Profit

Record High Operating Profit in Vietnam... Continuing Growth with Anticipated Releases like 'Avengers'
CJ CGV has shown a clear recovery in performance, surpassing 2.2 trillion won in revenue last year. Operating profit soared to 96.2 billion won, a 27% increase compared to the previous year. This growth was significantly driven by the success of the special theater business, which offers...
'The Tyrant's Chef', Netflix Global 3rd Place Achievement... Alongside 'Wednesday 2' and 'Stranger Things 5'

'The Tyrant's Chef', Netflix Global 3rd Place Achievement... Alongside 'Wednesday 2' and 'Stranger Things 5'

580 million hours viewed in the second half of 2025... Studio Dragon produces global 'Top 3' for three consecutive years
The K-drama 〈The Tyrant's Chef〉 has dominated the global content market alongside worldwide mega hits. ◆ 〈Wednesday 2〉, 〈Stranger Things 5〉 Achieving Global 3rd Place According to Studio Dragon on the 23rd, the drama 〈The Tyrant's Chef〉 recorded a cumulative viewing time of 580 million hours during...
Netflix Signs 10 Trillion Won Global Exclusive Deal with Sony Pictures

Netflix Signs 10 Trillion Won Global Exclusive Deal with Sony Pictures

'The Legend of Zelda', 'Spider-Man', etc. secured... Aggressive moves following Warner acquisition
Global streaming market leader Netflix announced on the 15th local time that it has signed a multi-year exclusive streaming license agreement with Sony Pictures Entertainment (hereinafter referred to as Sony). Through this agreement, Netflix has secured the rights to exclusively stream Sony films...
Netflix to Exclusively Stream All WWE Matches Starting New Year... Expanding Live Content

Netflix to Exclusively Stream All WWE Matches Starting New Year... Expanding Live Content

Exclusive Contract with WWE... Unlimited Access to Premium Matches with Subscription Fee
Global OTT platform Netflix announced on the 29th that starting January 1st next year, it will exclusively stream all weekly and premium matches of the world-renowned professional wrestling entertainment show 'WWE' (World Wrestling Entertainment).
Netflix to Stream WWE Exclusively Starting January 1, 2026... Targeting Korean Wrestling Fans

Netflix to Stream WWE Exclusively Starting January 1, 2026... Targeting Korean Wrestling Fans

Live Coverage of All Matches from 'WrestleMania' to Weekly Programs... Full Expansion into Live Content
Global OTT service Netflix is transforming into a new platform for Korean professional wrestling fans. Netflix announced that starting January 1, 2026, it will exclusively stream all weekly programs and premium live events from WWE (World Wrestling Entertainment), the world's largest professional...