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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
Shuffle Dance Craze in “Party Rock Anthem” — Lauren Bennett Dies at 37

Shuffle Dance Craze in “Party Rock Anthem” — Lauren Bennett Dies at 37

The lead singer of Billboard’s 6-week No. 1 hit “Party Rock Anthem” has died at age 37. The cause of death was kept private.
The unsung force behind the shuffle-dance craze, and then the starAt the center of the “shuffle dance” craze that swept clubs and streets worldwide in the 2010s was this song. Singer Lauren Bennett, who left a deep impression on listeners with the spellbinding bridge vocals in the mega hit “Party...
| James choi
Aftermath of Actress Ji-soo’s ‘School Violence Exit’… Ex-Agency Ordered to Pay 880 Million Won

Aftermath of Actress Ji-soo’s ‘School Violence Exit’… Ex-Agency Ordered to Pay 880 Million Won

The drama ‘River Where the Moon Rises’ wraps up a school-violence-related exit controversy three years later— The Supreme Court’s decision to withdraw an appeal makes KeyEast’s final compensation of 880 million won to the former agency.
The lawsuit filings left behind by actress ‘Ji-soo’ and the ‘school violence’ scandal were brutal. During the broadcast run of the KBS 2TV drama ‘River Where the Moon Rises,’ the agency that had previously managed him ultimately paid a steep price after he was removed from the project in disgrace.
| James choi
Kimura Takuya Starring Role in ‘The Brilliant Clan’: The Real-World Model, Sanyo Special Steel, to Disappear as It Is Absorbed

Kimura Takuya Starring Role in ‘The Brilliant Clan’: The Real-World Model, Sanyo Special Steel, to Disappear as It Is Absorbed

Nippon Steel will absorb Sanyo Special Steel via an acquisition merger in April next year. The company name with a 92-year history—from the largest bankruptcy after World War II to drama production—will vanish.
Exit After 92 Years: ‘Sanyo Special Steel’ Fully Absorbed by ‘Nippon Steel’A major figure in the global steel market, ‘Nippon Steel’, officially announced that it will fully absorb its subsidiary ‘Sanyo Special Steel’ effective April 1 next year.
| 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
[Photo &] BTS World Tour “ARIRANG” Opens in Goyang, “Concert Scene”…40,000 ARMYs Push Through Wind and Rain

[Photo &] BTS World Tour “ARIRANG” Opens in Goyang, “Concert Scene”…40,000 ARMYs Push Through Wind and Rain

Brought to Goyang Sports Complex for its debut Despite the rough weather, fans from around the world gathered, and lively activity continued throughout the surrounding business district under strict safety management.
[Photo] ‘BTS’ enthralls the world with the grand opening of the ‘ARIRANG’ tourGlobal pop icons ‘BTS’ kicked off the first chapter of their new world tour ‘ARIRANG’ at ‘Goyang Sports Complex’ in Gyeonggi-do. With commanding stage presence and flawless performances, the group quickly captured the...
| James choi
Seoul City Announces Safety Measures for BTS Gwanghwamun Concert... Non-stop Subway Service and Overcharging Crackdown

Seoul City Announces Safety Measures for BTS Gwanghwamun Concert... Non-stop Subway Service and Overcharging Crackdown

Mayor Oh Se-hoon: "A National Festival for Everyone"... Traffic Control Around Gwanghwamun on March 21
Ahead of BTS's comeback concert at Gwanghwamun Square on March 21, Seoul City has begun to prepare comprehensive measures for large crowd management and the protection of foreign tourists.Mayor Oh Se-hoon chaired a meeting on March 4 at Seoul City Hall to discuss comprehensive response plans for...
| 김지민
Lee Seung-chul Reveals Son-in-law from KAIST Working at Law Firm...

Lee Seung-chul Reveals Son-in-law from KAIST Working at Law Firm... "188cm Tall, Resembles Park Bo-gum"

Appearing on SBS 'My Ugly Duckling', He Boasts About His Daughter's Wedding Preparations and Son-in-law
Singer Lee Seung-chul appeared on the SBS entertainment program 'My Ugly Duckling' and shared affectionate stories about his recently married eldest daughter and her fiancé. In the 466th episode of 'My Ugly Duckling' aired on the 26th, Lee Seung-chul participated as a special guest.
| Yangsimoh