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'$30 billion fraud' One Hundred CEO Cha Gawon is arrested and sent to prosecutors on suspicion of stealing $24.2 billion

'$30 billion fraud' One Hundred CEO Cha Gawon is arrested and sent to prosecutors on suspicion of stealing $24.2 billion

By posing as an IP business for entertainment artists, he allegedly pocketed a $24.2 billion advance payment, with signs of “round-robin” repayment of existing debts
The peak of a $30 billion-claimed fraud scandal that has sent shockwaves through the entertainment industry is now facing judgment in court. The CEO of the famous entertainment agency 'One Hundred Label,' 'Cha Gawon,' has been arrested and sent to the Seoul Central District Prosecutors' Office on...
| James choi
BTS Concert in Las Vegas With Unprecedented World Cup-Scale Impact Generates 450 Billion Won in Economic Effect

BTS Concert in Las Vegas With Unprecedented World Cup-Scale Impact Generates 450 Billion Won in Economic Effect

NJ Shows Draw 157,000 Spectators; HYBE Posts 450 Billion Won in Second-Quarter Revenue, Its Best-Ever Performance
450 Billion Won in Just Four Shows… The Economics of a Mega IP That Outstrips the ‘World Cup’A respected analysis has claimed that the economic ripple effects generated by the global top-tier group “Bangtan Sonyeondan” through its North America tour have officially surpassed the scale of...
| James choi
'Spider-Man 4' Tops 'Avengers' and Sets a North America Record, Pulls in 512.7 Billion Won in Its First Week

'Spider-Man 4' Tops 'Avengers' and Sets a North America Record, Pulls in 512.7 Billion Won in Its First Week

Global box-office haul surpasses $932 million, with ticket pre-sales alone reaching $150 million as the hero genre shakes off a slump
'Spider-Man 4' 512.7 billion won, No. 1 of All Time… Marvel's Rescuer After 'Endgame'Breaks through $932 million worldwide, a revival signal for the superhero genreThe movie 'Spider-Man: Brand New Day' (hereafter 'Spider-Man 4') made a new benchmark for the film industry by pulling in $360 million...
| James choi
Cha Eun-woo Pays 13 Billion Won in Back Taxes but Won’t Accept It, Saying He Will Seek a Legal Ruling

Cha Eun-woo Pays 13 Billion Won in Back Taxes but Won’t Accept It, Saying He Will Seek a Legal Ruling

His agency Fantagio says the process is underway according to proper legal procedures, after submitting a tax appeal letter last month.
Paying the full 13 billion won isn’t the end, but the beginning… Cha Eun-woo files a tax appeal against the National Tax ServiceSinger and actor "Cha Eun-woo", who appeared to put an end to the situation by paying in full a staggering tax assessment of roughly 13 billion won, has now begun formal...
| James choi
'Spider-Man 4' hauls in 510 billion won in its first weekend… 'Endgame' takes aim at the No. 1 crown

'Spider-Man 4' hauls in 510 billion won in its first weekend… 'Endgame' takes aim at the No. 1 crown

North America’s No. 2 all time by a margin of $2 million… global box-office receipts top 1.33 trillion won
'Spider-Man 4' first weekend 510 billion-won jackpot… aims for the 'Endgame' throneGlobal total grosses top 1. 33 trillion won, South Korea’s theaters draw 3 million viewersThe world’s forgotten hero has returned to take complete control of the global movie theater market.
| James choi
Jecheon International Music Film Festival Breaks Reliance on 4 Billion Won 'Singer Performances' with 188 Screenings—Major Expansion, 'Fly Together' Slogan

Jecheon International Music Film Festival Breaks Reliance on 4 Billion Won 'Singer Performances' with 188 Screenings—Major Expansion, 'Fly Together' Slogan

Moves the main venue to downtown Art Center Jecheon... Built a star-studded lineup led by Committee Chair Jang Hang-jun, featuring Park Chan-wook and Bong Joon-ho
'Jecheon International Music Film Festival' A Reversal with a 4 Billion Won Investment… A Sharp Knife for a 20% Drop in Audience188 Screenings Expand Genres and Move the Main Venue Entirely to Art Center Jecheon in the Heart of the CityThe 'Jecheon International Music Film Festival' , which pours...
| James choi
BTS’ “Idol” Hits 1.4 Billion Views on YouTube, Marking Group’s 5th All-Time Milestone in “Joseon EDM”

BTS’ “Idol” Hits 1.4 Billion Views on YouTube, Marking Group’s 5th All-Time Milestone in “Joseon EDM”

Released in August 2018, the title track pairs traditional Korean court rhythms with African beats in a dazzling, high-gloss visual world
“Joseon EDM” shows no signs of slowing down… BTS’ 5th 1. 4 billion-view recordThe mega hit by the group “BTS”, the “Idol” music video, has surpassed 1. 4 billion YouTube views, setting another major milestone in K-pop history. According to its agency, BigHit Music, the music video crossed the 1.
| James choi
Shin Mina and Ju Ji-hoon Team Up for “Remarried Empress”… A 2.9 Billion-View Spectacle Lands on Disney+ This Fall

Shin Mina and Ju Ji-hoon Team Up for “Remarried Empress”… A 2.9 Billion-View Spectacle Lands on Disney+ This Fall

Lee Se-young and Lee Jong-suk Round Out an All-Star Cast… A Romance Fantasy Where Remarriage Is Demanded After Divorce
Confirmed for release on Disney+ this fall… A blockbuster with 2. 9 billion views featuring Shin Mina and Ju Ji-hoonThe mega-hit work ‘Remarried Empress’, which set an unprecedented record of 2. 97 billion cumulative views worldwide, finally lifts the veil on its live-action adaptation.
| James choi
BTS Syndrome Is Eternal… “Butter” Music Video Smashes 1.1 Billion YouTube Views Record

BTS Syndrome Is Eternal… “Butter” Music Video Smashes 1.1 Billion YouTube Views Record

The “Butter” MV, the second English single released in May 2021, hits 1.1 billion YouTube views as of the morning of the 27th A Billboard “Hot 100” No. 1 chart-topper, it becomes the group’s seventh music video to surpass 1.1 billion views in total, underscoring an unending surge in popularity Kicking off in Goyang, the world tour “Arirang” is cruising along, with the group set to take over New York’s MetLife Stadium in the U.S. in August
Big Hit Music said on the 27th that BTS’s hit song “Butter” music video has surpassed 1. 1 billion views on YouTube. The group’s seventh 1. 1 billion-view global mega hit in total The “Butter” music video, a digital single released by BTS in May 2021, surpassed 1. 1 billion YouTube views around 2 a. m.
| Seongchan Eol
'300 Billion Won Fraud' Cha Gawon Seeks Third Arrest Warrant Request... Will Prosecutors Again Reject It?

'300 Billion Won Fraud' Cha Gawon Seeks Third Arrest Warrant Request... Will Prosecutors Again Reject It?

Allegations of embezzling a 24.2 billion won advance payment and a 5.4 billion won jeonse scam... Defense attorney pushes back, saying the police carried out unlawful investigations
"Hundred Label" Cha Gawon faces 300 billion won fraud allegations... Eyes on police pressure for a third arrest warrantPolice have taken the extreme step of pursuing a third arrest warrant against Cha Gawon, the representative of "Hundred Label", an entertainment agency accused of fraud on a...
| James choi