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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
Busan International Film Festival introduces ACFM Awards for first time; Indonesia’s “Goldfish” takes three honors

Busan International Film Festival introduces ACFM Awards for first time; Indonesia’s “Goldfish” takes three honors

Asia Contents & Film Market wraps on Oct. 13, spotlighting business results ahead of the festival’s closing ceremony on Oct. 15
New milestone for Asia’s film industry as ACFM gets off to a successful start The Busan International Film Festival , now in its 29th year, concluded its core film-industry platform, the Asia Contents&Film Market , on Oct. 13. According to the Busan International Film Festival secretariat on Oct.
| 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
'JYP Flagship Tokyo' opens in Daikanyama, set to draw K-pop fans year-round

'JYP Flagship Tokyo' opens in Daikanyama, set to draw K-pop fans year-round

First permanent location, 'JYP Flagship Tokyo,' opens on the 10th with four specialized spaces, including limited-edition merchandise and a keychain workshop
Beyond pop-ups: A new foothold for JYP's localization strategy JYP Entertainment has opened its first official permanent store in a prime Tokyo commercial district as it moves to engage the city's K-pop fans. JYP said on the 13th that it officially opened 'JYP Flagship Tokyo' in Tokyo's Daikanyama...
| James choi
[Photos] Lee Soo-man returns to K-pop after 3 years, unveils simultaneous debuts for 15- and 9-member groups

[Photos] Lee Soo-man returns to K-pop after 3 years, unveils simultaneous debuts for 15- and 9-member groups

Nine-member girl group A2O LITE to debut alongside them as new 4DGS technology heralds the future of entertainment
Return of K-pop founder opens new door to future entertainment Lee Soo-man, 74, key producer at A2O Entertainment, made a high-profile return to the K-pop market after more than three years at a debut showcase held Oct. 12 in Goyang, Gyeonggi province.
| 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
Princess Ubolratana visits Busan as first Country of Focus guest at BIFF, with three films including 'Burning Giants'

Princess Ubolratana visits Busan as first Country of Focus guest at BIFF, with three films including 'Burning Giants'

The 31st Busan International Film Festival selects Thailand as ACFM Country of Focus, with the 21st market running at BEXCO from Oct. 10-13
Thailand puts 'soft power' forward as a new force in Asia's content market Princess 'Ubolratana Rajakanya' of Thailand's royal family visited Busan, where the 31st 'Busan International Film Festival ' is underway, highlighting the country's cultural influence and the powerful potential of its film...
| James choi
Cortis captivates F1 Singapore for 50 minutes — only K-pop act to enthrall 60,000 fans

Cortis captivates F1 Singapore for 50 minutes — only K-pop act to enthrall 60,000 fans

The group delivers a flawless live set of 15 songs at Marina Bay Circuit and operates a large-scale pop-up store through the 25th
First Singapore visit cements group’s singular presence at global motorsports festival BigHit Music group ‘Cortis’ cemented its global standing by headlining the ‘Formula One (F1) Singapore Grand Prix 2026’, a world-class motorsports festival.
| James choi
BTS, BLACKPINK nominated for 2026 Kids' Choice Awards as BTS eyes fifth win

BTS, BLACKPINK nominated for 2026 Kids' Choice Awards as BTS eyes fifth win

The ceremony will take place in Los Angeles on the 14th of next month, with KATSEYE and 'KPop Demon Hunters' earning nominations in multiple categories
Global pop icons return as world watches for another record South Korea's leading groups, 'BTS' and 'BLACKPINK', have both been nominated in major categories at the U. S. pop culture awards show 'Kids' Choice Awards 2026', once again underscoring their global stature.
| James choi