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Netflix takes drastic action as stock plunges 40%, cuts 1,000 jobs

Netflix takes drastic action as stock plunges 40%, cuts 1,000 jobs

Layoffs affect 6% of workforce, the biggest reduction since 2022, as company moves to protect profitability
Falling viewing time and intensifying competition make breakthrough urgent Netflix, the world’s largest video streaming company, will cut about 6% of its workforce as it responds to slowing growth and subscriber departures.
Ha Jung-woo and Cha Jung-won to marry after 11-year age gap — private wedding set for Dec. 13

Ha Jung-woo and Cha Jung-won to marry after 11-year age gap — private wedding set for Dec. 13

The couple will wed 10 months after confirming their relationship in February; both agencies say the ceremony will be private
From going public with their relationship to marriage: A bond built on steadfast trust South Korea's leading actors 'Ha Jung-woo' (born Kim Sung-hoon, 48) and 'Cha Jung-won' (born Cha Mi-young, 37) are becoming lifelong partners after years of dating.
Avengers: Doomsday set for Dec. 16 Korea release, promises epic showdown

Avengers: Doomsday set for Dec. 16 Korea release, promises epic showdown

New installment in the ‘Avengers’ series, featuring the Marvel Cinematic Universe’s top heroes, sets release date Thor, Steve Rogers and Captain America join Mr. Fantastic and a host of X-Men heroes Anticipation builds for a high-stakes showdown with the formidable villain Doctor Doom, played by Robert Downey Jr.
〈Avengers: Doomsday〉 has set its release date. The film 〈Avengers: Doomsday〉 announced its Korea release date on Oct. 13. Set to open Dec. 16, 〈Avengers: Doomsday〉 is the latest installment in the 〈Avengers〉 series within the Marvel Cinematic Universe.
Yoon Do-hyun to hold first solo fan meeting since debut Dec. 5 at Lobby 55

Yoon Do-hyun to hold first solo fan meeting since debut Dec. 5 at Lobby 55

Rolling Hall’s Winter Edition will bring him closer to fans at Seoul’s Mapo Art Center
Yoon Do-hyun sets aside his onstage charisma for an intimate, candid time with fans Yoon Do-hyun, the pride of Korean rock and frontman of the band YB, will hold his first solo fan meeting since his debut, giving fans a special opportunity to spend time with him.
G-Dragon, YG put copyright dispute to rest after six-month probe

G-Dragon, YG put copyright dispute to rest after six-month probe

Mapo Police decide in April not to refer the case, finding no wrongdoing despite two raids
'G-Dragon' (Kwon Ji-yong) and 'Yang Hyun-suk', executive producer of YG Entertainment, have been fully cleared of allegations of violating the 'Copyright Act'. The Seoul Mapo Police Department made a final decision in April not to refer the complaint, finding no charges, the decision was belatedly...
[National Assembly audit] Park Jin-young leads first-ever alliance of four major agencies; ‘Phenomenon’ set to launch next December

[National Assembly audit] Park Jin-young leads first-ever alliance of four major agencies; ‘Phenomenon’ set to launch next December

A dedicated corporation with equal capital contributions and voting rights will host a major fan-led K-culture festival.
Park Jin-young, co-chair of the “Popular Culture Exchange Committee,” has officially announced that leading South Korean entertainment companies have joined forces to ensure the successful launch of the global K-pop festival “Phenomenon.
Ryu Seung-ryong, Park Hae-joon play sworn-enemy brothers in ‘Jeong Family,’ opening Dec. 2

Ryu Seung-ryong, Park Hae-joon play sworn-enemy brothers in ‘Jeong Family,’ opening Dec. 2

Brothers locked in a 30-year feud launch a calf-rescue mission, with rookie veterinarian Ong Seong-wu adding fresh energy
Ryu Seung-ryong and Park Hae-joon play sworn-enemy brothers in Jeong Family, directed by Kim Ji-hyun, which has set its release date for Dec. 2 and unveiled its first stills. Lotte Entertainment is handling the film’s presentation and distribution. Yong Film produced it, with Studio Noongil Co.
Genesis marks a decade on cinema’s biggest stage with first appearance of ‘GV90 Neolun’

Genesis marks a decade on cinema’s biggest stage with first appearance of ‘GV90 Neolun’

Deploys more than 100 official vehicles and exclusively supports ‘Flesh Impact,’ a short film marking Marilyn Monroe’s centennial
Off-screen star: flagship SUV commands the film festival spotlight Genesis said on the 7th that it is officially sponsoring the 31st Busan International Film Festival, marking a milestone with a decade of consecutive partnership.
Kim Kwang-jin breaks nine-year silence with new song, returns to stage in December with 'Fly Away'

Kim Kwang-jin breaks nine-year silence with new song, returns to stage in December with 'Fly Away'

First new release since 2017's 'Jihye'; solo concert set for Dec. 5 at Seoul's KBS Arena
A new takeoff in a musical journey: 'Fly Away' Kim Kwang-jin, an incomparable singer-songwriter in South Korean popular music, is returning to the public after a long hiatus. Yeeum Culture & Contents officially announced on the first that Kim Kwang-jin will release a new song next month and hold a...
[Photo &] Jung Eun-chae drives 'Flex x Cop 2' to 11.8%, delivers decade-later twist that revives the meaning of 'running together'

[Photo &] Jung Eun-chae drives 'Flex x Cop 2' to 11.8%, delivers decade-later twist that revives the meaning of 'running together'

The only new addition to Season 2 proves her hit-making instincts and signals a classic melodrama for her next project
Jung Eun-chae claims 11. 8% ratings peak, overpowering established universe with new charisma SBS' Friday-Saturday drama 'Flex x Cop 2' ended its run in spectacular fashion after recording a series-high rating of '11. 8%'.