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Search results for "OTT revenue"

Netflix Hit “Woo Young-woo” Loses Even in Appeal Over Writer Revenue Lawsuit

Netflix Hit “Woo Young-woo” Loses Even in Appeal Over Writer Revenue Lawsuit

Court: “OTT transmission isn’t a secondary use of copyrighted works”… AceStory wins against production company
Simultaneous OTT broadcasts aren’t a secondary use… “Extraordinary Attorney Woo” writer loses in appealIn a legal dispute over the broadcast-revenue earnings of the K-drama “Extraordinary Attorney Woo”, which sparked a global sensation, the writer’s side lost not only at the first instance but also...
| 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
Is That a Goomba? Game-Based Films That Successfully Reinvented Themselves from Bywords for Flops

Is That a Goomba? Game-Based Films That Successfully Reinvented Themselves from Bywords for Flops

It feels like a lifetime has passed. Gone are the days when "video game adaptations" fought over 0.5 or 1-star ratings; now we live in an era where they can reliably deliver a decent average. Even Mario once went through a period when it was the epitome of a "worst movie," a reputation even fans...
| Seongchan Eol
Netflix’s Surprise Earnings in First Quarter Topping $6 Billion… Shares Drop 9% After Founder Steps Down

Netflix’s Surprise Earnings in First Quarter Topping $6 Billion… Shares Drop 9% After Founder Steps Down

Operating profit rose 18% and beat expectations, but shares plunged 9% in over-the-counter trading after a report that Reed Hastings—the founder who led the company for 29 years—has stepped down
Global online video service Netflix recorded a surprise performance that far exceeded the market’s outlook for the first quarter this year. An ‘earnings surprise’ in Q1 notwithstanding, the impact of the complete management exit by co-founder Reed Hastings sent the stock tumbling 9% on the...
| James choi
Disney 'Zootopia 2' Surpasses 2 Million in 6 Days... Behind the Scenes Revealed by the Korean Production Team

Disney 'Zootopia 2' Surpasses 2 Million in 6 Days... Behind the Scenes Revealed by the Korean Production Team

Lee Sook-hee, Lee Hyun-min, Choi Young-jae "Focused on Scale and Detailed Expression Direction that Surpasses the Previous Work"
The best duo in Disney animation history, Judy and Nick, have returned. 〈Zootopia 2〉 has come back with overwhelming scale that surpasses the previous work and is hitting the global box office from the first week of its release.
| 김지민
CJ CGV Completely Withdraws from U.S. Theater Business After 15 Years

CJ CGV Completely Withdraws from U.S. Theater Business After 15 Years

Closure of the Last Location in LA Ends Direct Theater Operations in North America, Shifting Strategy to Special Theater Technology Business
CJ CGV has completely halted its direct theater operations in the U.S. after 15 years, closing its last foothold in North America, the Los Angeles location.CGV U.S. recently announced on its official website, "After careful consideration, we have made the difficult decision to permanently close the...
| 김지민
SLL, Expanding Fandom Across Genres from ‘Crime Scene’ to ‘The Outlaws’

SLL, Expanding Fandom Across Genres from ‘Crime Scene’ to ‘The Outlaws’

Proving success both online and offline in OTT and theaters, building a domestic and international fandom base
Global IP powerhouse SLL (www.sll.co.kr) is securing fandom through various content such as entertainment and films, expanding its global competitiveness. Rather than settling for one-time hits, it is establishing a long-term growth system by expanding into seasons or franchises and connecting...
| Chua-young
My Name is Wednesday, My Hobby is Resurrection! 'Wednesday Part 2' and Other New OTT Releases for the First Week of September 2025 (9/3~9/9)

My Name is Wednesday, My Hobby is Resurrection! 'Wednesday Part 2' and Other New OTT Releases for the First Week of September 2025 (9/3~9/9)

〈Wednesday Season 2 Part 2〉 〈The Exorcist〉 〈Lilo & Stitch〉 〈Confidence Man KR〉
Taylor Content Editor Hong SunThought to be dead, Wednesday resurrects. She activates her detective mode once again to unravel the secrets of her school and family. The work that has been the worldwide box office champion this year makes its OTT debut.
| Seongchan Eol
Studio Dragon Records 2nd Quarter Operating Loss of 2.9 Billion Won Despite Successful Releases

Studio Dragon Records 2nd Quarter Operating Loss of 2.9 Billion Won Despite Successful Releases

"In the second half, we will strive to recover profitability through increased lineup and maximized viewing performance"
Studio Dragon announced on the 7th that it recorded sales of 114. 5 billion won and an operating loss of 2. 9 billion won in the second quarter of this year. The overall airing episodes, including TV and OTT, recorded the lowest ever for a quarter, which affected sales and performance decline.
| Chua-young
Netflix's First, Breaking Box Office Records... 5 Gem-like Korean Animation Recommendations

Netflix's First, Breaking Box Office Records... 5 Gem-like Korean Animation Recommendations

Korean animation has long been trapped in the frame of being ‘for children’. While there was technical skill, the industrial base was weak, and public expectations were not high. However, the situation has changed in recent years.
| Cineplay