Search results for "OTT industry"

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.
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.
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.
K-Content Movies and TV Dramas, Break Through Canada’s $400 Billion Fund… Sign a Co-Production Agreement

K-Content Movies and TV Dramas, Break Through Canada’s $400 Billion Fund… Sign a Co-Production Agreement

The Korea Communications Commission (KCC) holds an audiovisual co-production agreement with Canada for the first time in 8 years. With recognition of domestic content and support from a large-scale media fund, a stepping stone for entering North America is secured.
A huge gateway secured for K-content to enter the North American marketKorea and Canada, after talks began in 2017, finally reach 'results after eight years'Co-produced works are granted 'domestic content' status and benefits equally in both countriesAccess secured to Canada’s '$400 billion...
KBO Fan Craze Reaches 10 Million…A Baseball Drama Is on the Way Featuring Kim Woo-bin, Han Hyo-joo, and More

KBO Fan Craze Reaches 10 Million…A Baseball Drama Is on the Way Featuring Kim Woo-bin, Han Hyo-joo, and More

A surge in baseball drama production in broadcast, riding on KBO popularity. Aiming for a strong 2030 female fandom, top stars including Kim Woo-bin, Han Hyo-joo, Kim Rae-won, and others are set to take the spotlight!
For the first time ever, 'KBO League' surpassing 10 million spectators sparked a massive 'baseball drama' craze in the broadcast world. 'Stove League' is followed by a string of works aiming to capture the explosive power of the sports genre proven by 'Han Hyo-joo'·Gong Myung starring 'Your...
[Exclusive Interview] This Time, It’s a K-Dessert Variety Show! A Meet-Up With the Five Muses of “Bite me Sweet” ① Im Seong-gyun

[Exclusive Interview] This Time, It’s a K-Dessert Variety Show! A Meet-Up With the Five Muses of “Bite me Sweet” ① Im Seong-gyun

〈Bamis〉 is a K-dessert variety show where five famous female pastry chefs from across Southeast Asia and five rising Korean male celebrities form teams in pairs of two. They create creative desserts using K-style ingredients.
This time, it’s all about K-desserts. 〈Bite me Sweet〉(Bite Me Sweet, hereafter 〈Bamis〉) is a variety show where five famous female pastry chefs from across Southeast Asia and five rising Korean male celebrities team up in pairs of two to create creative desserts using K-style ingredients.
“Korean Cinema Faces Collapse Crisis” Bong Joon-ho and 581 Others Urge Withdrawal of Holdback Bill

“Korean Cinema Faces Collapse Crisis” Bong Joon-ho and 581 Others Urge Withdrawal of Holdback Bill

A survival crisis amid Netflix pressure and conglomerate dominance. Calls for extraordinary measures such as introducing a screen cap and establishing a large-scale fund.
Facing the Collapse of the Korean Film Ecosystem, Urgent Appeals from Major FilmmakersA total of 581 leading figures in the Republic of Korea film industry, led by director Bong Joon-ho, strongly warned about 'the crisis in the Korean film industry' and urged 'extraordinary countermeasures' from...
IU and Byeon Woo-seok’s “The Crown Princess/Grand Prince’s Wife of the 21st Century” Premieres April 10

IU and Byeon Woo-seok’s “The Crown Princess/Grand Prince’s Wife of the 21st Century” Premieres April 10

Production press conference held on the 6th; a long-awaited reunion in 10 years after “Scarlet Heart: Ryeo,” igniting big buzz A romance set against a constitutional monarchy backdrop in the 21st century… IU, the daughter-in-law-to-be from a chaebol family who is treated as an ordinary person, and Byeon Woo-seok as the fated prince share the screen Director Park Jun-hwa: “IU and Byeon Woo-seok—they have the look of a perfect king and queen… Their visuals and acting are both uniquely outstanding”
IU and Byeon Woo-seok, starring in the lead roles, have officially announced their arrival with one of the most eagerly awaited productions of the first half of 2026, MBC’s new Friday-Saturday drama “The Crown Princess of the 21st Century”.
Rescuing Struggling Small and Mid-Sized Films in Crisis… “KT Studio Genie” and “CJ CGV” Form a Major Alliance to Support Them

Rescuing Struggling Small and Mid-Sized Films in Crisis… “KT Studio Genie” and “CJ CGV” Form a Major Alliance to Support Them

One-stop support from theatrical releases to OTT distribution… Discovering and supporting 4+ films annually to build a sustainable, mutually beneficial content ecosystem
“KT Studio Genie”·“CJ CGV” Sign a Strategic “Memorandum of Understanding ” to Reshape the Content Ecosystem“KT Studio Genie” and “CJ CGV” have joined forces in a major move to provide full support for the theatrical release of “small and mid-sized films” that struggle to secure large-scale releases.
'BTS' Returns, Shaking Up the Global OTT Ecosystem…Intense Competition for Live Content

'BTS' Returns, Shaking Up the Global OTT Ecosystem…Intense Competition for Live Content

18.4 million viewers in just 24 hours from the first-ever live stream by a single artist. New app installs surge twofold as the world turns the page on global OTT live content!
'BTS' Returns, Upending the Global OTT EcosystemAn unprecedented record has been set. The 'BTS' comeback concert at Gwanghwamun completely flipped the landscape of the global OTT market. This live broadcast, planned by 'Netflix' as the first-ever initiative by a single artist, pulled in an...