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Search results for "Corporate Rehabilitation"

ContentreeJoongAng, Megabox and Other Companies in the JoongAng Group File for Corporate Rehabilitation in a String… Trading Suspended

ContentreeJoongAng, Megabox and Other Companies in the JoongAng Group File for Corporate Rehabilitation in a String… Trading Suspended

Four firms, including JoongAng Holdings, ContentreeJoongAng and Megabox JoongAng, filed requests with the Seoul Bankruptcy Court on Sept. 14 to begin corporate rehabilitation procedures JTBC’s roughly 20.0 billion won-scale unpaid borrowing prompted credit rating downgrades, bringing a liquidity crisis across the group into sharper focus “With the aim of restoring management and preserving corporate value,” the court will make a final decision on whether to start rehabilitation after a strict review
ContentreeJoongAng (036420) and its subsidiary Megabox, both companies in the JoongAng Group, have started corporate rehabilitation procedures and had their stock trading halted. On Sept. 15, according to South Korea’s Financial Supervisory Service’s electronic disclosure system and legal circles,...
| Seongchan Eol
WATCHA Enters Corporate Rehabilitation Process

WATCHA Enters Corporate Rehabilitation Process

Although it introduced original and imported film brands as a first-generation OTT platform, it has entered corporate rehabilitation due to worsening management.
The domestic OTT platform WATCHA has ultimately entered the corporate rehabilitation process. WATCHA started as a movie rating platform in 2016 and launched its service as 'WATCHA PLAY' at the time of the OTT platform launch.
| Seongchan Eol
RAPTEL Surpasses 1 Million MAU: 'Specialized Strategy Success' Grows Alone Amidst Local OTT Struggles

RAPTEL Surpasses 1 Million MAU: 'Specialized Strategy Success' Grows Alone Amidst Local OTT Struggles

Profitable at 9,900 Won per Month with a Focus on Japanese Anime... In Contrast to Watcha's Rehabilitation Process and Tving's 100 Billion Won Deficit
As local OTTs (Over-the-Top services) struggle with deficits and declining subscribers due to competition from global giants like Netflix, 'RAPTEL', specialized in Japanese animation, has surpassed 1 million monthly active users , drawing attention as a success story of a specialized strategy.
| 엔터플레이
‘It’ Has Come to Earth… 'Alien: Earth' and Other New OTT Releases for the Week of August 5-13, 2025

‘It’ Has Come to Earth… 'Alien: Earth' and Other New OTT Releases for the Week of August 5-13, 2025

Taylor Content Editor Hong SeonSince its debut in 1979, the top-tier SF monster film 〈Alien〉 has been beloved and is now making a comeback as a drama. The battle between aliens and humans is about to explode on the vast Earth beyond the limited spaceship.
| Cineplay