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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
MBC Sets Season 1 of Disney+’s “A Shop for Killers” as Follow-Up to “Fifty Percent”

MBC Sets Season 1 of Disney+’s “A Shop for Killers” as Follow-Up to “Fifty Percent”

The eight-episode action thriller starring Lee Dong-wook and Kim Hye-jun, which set Disney+’s global most-watched record in 2024 “Moving” and “Casino” mark the latest example of strategic terrestrial content curation…An outstanding OTT hit moves into the living room The follow-up to “Fifty Percent,” which is set to end on June 27, will premiere Friday, July 3, at 9:50 p.m.
MBC will air Season 1 of 〈A Shop for Killers〉 as its Friday-and-Saturday drama follow-up to 〈Fifty Percent〉.According to reports by each media outlet on the 1st, MBC has finalized 〈A Shop for Killers〉 Season 1, a Disney+ original series, as the follow-up to the Friday-and-Saturday drama 〈Fifty...
| Seongchan Eol
[Interview] Yeon Sang-ho on 〈Gunche〉②: 'Seo Young-chul Is a Demagogue and the Swarm's Error ... I Wanted to Show the Fear of a Society Bound Only by Universal Thinking.'

[Interview] Yeon Sang-ho on 〈Gunche〉②: 'Seo Young-chul Is a Demagogue and the Swarm's Error ... I Wanted to Show the Fear of a Society Bound Only by Universal Thinking.'

※ The interview with 〈Gunche〉 director Yeon Sang-ho continues from Part 1. It's been 10 years since 〈Train to Busan〉. Did returning to zombies come with any pressure. "I didn't come in thinking, 'I have to do something new.
| Seongchan Eol
TikTok Makes a $75 Billion Bet…Unveils Its First Long-Form Sports Variety Show Fronted by Ahn Jung-hwan on the 25th

TikTok Makes a $75 Billion Bet…Unveils Its First Long-Form Sports Variety Show Fronted by Ahn Jung-hwan on the 25th

Aiming at the 2026 North America-Asia World Cup, “Tiki Tiki Tak Tak Talk Talk Show” features Ahn Jung-hwan, DinDin, and Lee Eun-ji as it takes aim at the global market
A Bold Move by the Ruler of Short-Form: TikTok’s First Korean Original Long-Form Variety Show Takes the Stage'TikTok' has opened the floor with a massive first step that is set to shake up the landscape of the Korean content market.
| James choi
Amazon Prime Video Introduces Vertical Short-Form “Clips” to Target Gen Z

Amazon Prime Video Introduces Vertical Short-Form “Clips” to Target Gen Z

Following Netflix and Disney+, Amazon Launches the Vertical Short-Form Service “Clips”1
The Beginning of the Short-Form War: Global OTT Survival StrategyBig changes are underway in the global online video-on-demand market. After “Netflix” and “Disney+”, “Amazon Prime Video” has officially entered the “short-form” content ecosystem. On the 9th , the U. S.
| James choi
The Status of K-Culture... Hyundai Motor Becomes the Sole Sponsor of CNN Documentary 'K-Everything'

The Status of K-Culture... Hyundai Motor Becomes the Sole Sponsor of CNN Documentary 'K-Everything'

Featuring a host of stars including PSY and Lee Byung-hun... A spotlight on the keys and momentum behind K-culture’s global success, from music to beauty
The status of K-culture sweeping the world, brought into sharp focus through CNN’s documentary 'K-Everything,' which Hyundai Motor sponsors exclusively.Global cultural phenomenon: Uncovering the power of K-culture with a CNN documentary that captivates the world'Hyundai Motor' has unveiled for the...
| James choi
All Except the Cast Are AI… A Shocking CJ Film ‘Apartment’ With a 500 Million Won Production Budget

All Except the Cast Are AI… A Shocking CJ Film ‘Apartment’ With a 500 Million Won Production Budget

A full-length occult thriller completed with a 500 million won budget. Cost innovation was achieved, but AI’s own limitations remain a homework assignment
The Boundary Between Live-Action and AI Breaks Down… The Shocking Debut of Korea-Style Occult Thriller ‘Apartment’A Co-Production of ‘CJ ENM’ and ‘Google’ Creates a Chilling ‘Occult Thriller’Unveiled on the 30th at Seoul’s CGV Yongsan iPark Mall, ‘Apartment’ filled the theater with viewers’ gasps...
| James choi