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[Photo &] Discussion on “Holdback” in the Film Industry Heats Up…Minister Choi Hwi-young Formalizes Establishment of a Public-Private Consultation Body This Month

[Photo &] Discussion on “Holdback” in the Film Industry Heats Up…Minister Choi Hwi-young Formalizes Establishment of a Public-Private Consultation Body This Month

The Ministry of Culture, Sports and Tourism announces a multi-year overhaul of film production support grants and the distribution of 60 won viewing discount tickets. A “winning bet” with 27.1 billion won injected, distributing 4.5 million “movie viewing discount tickets”
A Signal for Reshaping the Film Ecosystem: Launch of a Public-Private Consultation Body for “Holdback”“Choi Hwi-young”, Minister of the Ministry of Culture, Sports and Tourism, zeroed in on the “holdback” system—an issue at the heart of sharp tensions between theaters and “OTT”.
| James choi
Netflix Launches a $37 Trillion Won-Scale Share Buyback… Intensifies Efforts to Defend the Stock Price and Enhance Shareholder Value

Netflix Launches a $37 Trillion Won-Scale Share Buyback… Intensifies Efforts to Defend the Stock Price and Enhance Shareholder Value

The board approves a $25 billion share buyback… After earnings were announced, moves to calm market sentiment that plunged After the Warner Bros. Discovery deal fell through, it chose “cash returns”… Focused on rebuilding trust ahead of the founder’s departure Expresses confidence in “stable cash flow” built on new growth engines such as advertising and gaming
Global OTT leader Netflix has made the bold move of a $25 billion (about 37. 1 trillion won) share buyback to relieve the intensified stock-price drop pressure following its recent earnings release and restore shareholder confidence.
| Yangsimoh
Disney+ Strikes Back Amid Netflix's Dominance... February Korean OTT Market Shaken by Variety Content

Disney+ Strikes Back Amid Netflix's Dominance... February Korean OTT Market Shaken by Variety Content

According to Wise App's survey... Netflix leads with 14.9 million MAU, followed by Coupang Play with 8.79 million Tving and Disney+ narrowing the gap... Disney+ sees a 20% surge in users due to the success of 〈War of Destiny 49〉 Disney+ dominates in new installations... Outpacing Coupang Play and Netflix to record the fastest influx
In the domestic online video service market, Netflix continues to maintain its dominant position, while Disney+ is showing a remarkable upward trend with its groundbreaking new variety shows. ◆ [Survey Results] Netflix's 14. 9 Million 'Uncontested No. 1'. . . Coupang Play's Solid No.
| Yangsimoh
Warner Bros Acquisition Battle 'Mud Fight'…Paramount Halts Netflix

Warner Bros Acquisition Battle 'Mud Fight'…Paramount Halts Netflix

Strong Opposition to 'Procedures Biased Toward Specific Bidders'…Tension Over the Birth of a Media Giant
In the competition for the acquisition of Warner Bros Discovery (hereinafter Warner Bros), Paramount Skydance (hereinafter Paramount) has confirmed that it has officially protested to Warner Bros regarding the fairness of the bidding process. According to reports from major U. S.
| 김지민
Lee Joon-ik Makes the Case for a 'Vertical Revolution' at 'Father's Home Cooking' Q&A

Lee Joon-ik Makes the Case for a 'Vertical Revolution' at 'Father's Home Cooking' Q&A

“If horizontal film is a landscape painting, the vertical frame is a portrait. You can focus more deeply on a character’s inner life, and on set every actor gets a solo shot — it becomes a kind of liberated space for cinema where everyone stands equal.
| Kim Ji-yeon
'Anna,' 'Pachinko,' 'The Killer Shop' — OTT dramas flip the script and conquer living rooms

'Anna,' 'Pachinko,' 'The Killer Shop' — OTT dramas flip the script and conquer living rooms

MBC confirms rescheduling on the 23rd, a win-win strategy in the broadcasting industry aimed at cutting production costs and extending IP lifespans
Original dramas once seen as the exclusive territory of online video service (OTT) platforms are making a rare backtrack and marching into the living-room TV market one after another. By pushing past the walled garden of paid subscribers and taking on terrestrial broadcasters and cable channels,...
| James choi
Ahn Bohyun and Lee Seungmin’s ‘God’s Bead’ to Air First in December… ‘The Penthouse’ Director and ‘Jeong Dojeon’ Writer Team Up

Ahn Bohyun and Lee Seungmin’s ‘God’s Bead’ to Air First in December… ‘The Penthouse’ Director and ‘Jeong Dojeon’ Writer Team Up

Set in 1258 during the Goryeo-Khitan era, the series tells the story of a protective escort… released simultaneously on Coupang Play and Amazon Prime Video
The blood-soaked saga surrounding the miraculous relic ‘Gwan-eum Boju,’ the front line of the 1258 Goryeo–Mongol warWith an overwhelming cast lineup featuring actors ‘Ahn Bohyun’ and ‘Lee Seungmin’, along with ‘Jeong Dae-yun’, the director of ‘Reborn Rich’, and ‘Jeong Hyeon-min’, the writer of...
| James choi
Wavve ‘The Community 2’ Adds Lee Soo-min and Seungwoo Appa… 13-Contestant Survival Show With Four Teams

Wavve ‘The Community 2’ Adds Lee Soo-min and Seungwoo Appa… 13-Contestant Survival Show With Four Teams

Season 2 of ‘Ideology Verification Zone’ will be released next month, with dancers Knucks and comedian Park Chul-hyun among the lineup
Wavve, a domestic OTT platform, announced the return of a problem-raising show that shook up the landscape of 2024’s survival reality programming. The original survival reality series ‘The Community 2: The Invisible Hand’ (hereinafter ‘The Community 2’) will unveil next month and aims to zero in on...
| James choi
Ji Chang-wook Lands His First Joint Korea-Japan Romance as Imada Mio in a First-Ever Collaboration… Disney+ Release in October

Ji Chang-wook Lands His First Joint Korea-Japan Romance as Imada Mio in a First-Ever Collaboration… Disney+ Release in October

'Mary Berry Love' pairs a space planner and a strawberry farmer daughter in its latest romance… CJ ENM and Nippon TV’s first joint production
The opening act of a romance that transcends borders… a new milestone in the Korea-Japan content allianceThe Hallyu star 'Ji Chang-wook' is ramping up his global push by landing the lead role in his first-ever joint Korea-Japan drama since his debut.
| James choi
Kim Tae-ho PD’s “TEO” Takes Over the Film Scene With “The Drama” — First Distributor Release in September

Kim Tae-ho PD’s “TEO” Takes Over the Film Scene With “The Drama” — First Distributor Release in September

TEO signs a strategic partnership with WaterHall Company, unveiling a romance thriller starring Robert Pattinson and Zendaya.
“The Drama” is set to hit theaters this September as TEO’s first distribution release, with a bold synergy between a top variety show studio and a distribution powerhouseTEO , the production company of “Kim Tae-ho PD,” which has reshaped the landscape of South Korea’s content industry, is making a...
| James choi