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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
‘An Icon of Car Culture’ Kyle Loftis, Founder of 1320Video, Passes Away

‘An Icon of Car Culture’ Kyle Loftis, Founder of 1320Video, Passes Away

A car-media powerhouse with 10 million fans worldwide… dies at an undisclosed age After launching in 2003, he secured 4 million YouTube subscribers with drag and street-racing content From 1320Video: “A shining presence that drove the growth of our sport… shocking and heartbreaking”
Kyle Loftis , the founder of 1320Video, a publication that has been a sacred place for car enthusiasts around the world and has led online car culture, passed away on Tuesday night.■ A media empire built on pure automotive passion… Mourners worldwide for YouTube’s 4 million On the 6th , 1320Video’s...
| Yangsimoh
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
Shin Hyun-joon Dives Into a Doppelganger Comedy with “Wanted”: Stills Show Off a Bold 1-Person, 2-Roles Challenge

Shin Hyun-joon Dives Into a Doppelganger Comedy with “Wanted”: Stills Show Off a Bold 1-Person, 2-Roles Challenge

A doppelganger-cooperation comedy that captures the twisty chase-pursuit partnership between ordinary citizen Hyun-joon and criminal Cheol-gu Shin Hyun-joon, taking on the 1-person, 2-roles challenge for the first time in his career, joked, “I should’ve been paid for two people—(that’s) what it felt like,” and shared his upbeat thoughts Kim Byung-man, along with a star-studded supporting cast including Regina Ray, joins the film—slated for Korean theaters in June
〈Wanted〉, set to hit theaters in June, has unveiled stills highlighting actor Shin Hyun-joon’s daring 1-person, 2-roles performance.In 〈Wanted〉, Shin Hyun-joon plays Hyun-joon, an ordinary citizen who gets pulled into an unexpected situation when a criminal named Cheol-gu turns out to look exactly...
| Seongchan Eol
Park Seo-joon × Uhm Tae-goo × Jo Hye-joo “I, the Criminal” Confirmed for Disney+ Release!

Park Seo-joon × Uhm Tae-goo × Jo Hye-joo “I, the Criminal” Confirmed for Disney+ Release!

Director Hong Won-chan’s first series… A heist-like story of desire and betrayal amid a 1980s redevelopment frenzy
Disney+ has confirmed the production of a series based on the popular Kakao Webtoon 〈I, the Criminal〉, and announced a powerful starring lineup featuring Park Seo-joon, Uhm Tae-goo, and Jo Hye-joo. Set against a lawless city in the 1980s, it sets off a brutal run of desperate characters as the line...
| Chua-young
[Business Issue]

[Business Issue] "BTS Tour Revenue Expected to Reach 1.5 Trillion Won" HYBE Stock Recovers 3.9%

HYBE’s stock, which had plunged right after a free concert in Gwanghwamun, rebounded 3.9% on the back of the securities industry’s upbeat outlook for "1.5 trillion won in world tour revenue."
'HYBE', 'BTS' Rebound Sharply After Shares Plunge Following ComebackAfter BTS’s free comeback performance in Gwanghwamun, HYBE’s stock— which had dropped sharply—snapped back with a 'stock rebound' driven by analysts’ strongly positive assessment.
| James choi
'Stranger Things' Winona Ryder Takes on Spicy Tofu Eating Challenge... 'Jenna Ortega is like a Navy SEAL'

'Stranger Things' Winona Ryder Takes on Spicy Tofu Eating Challenge... 'Jenna Ortega is like a Navy SEAL'

Tearful challenge on YouTube 'Hot Ones'... 'Tofu is a capsaicin sponge' reactions heat up
Sharing 'vegan' code with co-stars like Sadie Sink... Season 5 promotional spirit shoneWinona Ryder, the eternal 'Joyce Byers' from Netflix's 'Stranger Things', has plunged into the hell of spiciness. While wrapping up the epic journey of Season 5, she maintained her smile despite shedding tears...
| Yangsimoh
'Avatar: Fire and Ash' Master Director Guillermo del Toro is Impressed!

'Avatar: Fire and Ash' Master Director Guillermo del Toro is Impressed!

"It will lead you to a new place"
On December 17, the film 〈Avatar: Fire and Ash〉 will be released in South Korea, marking its world premiere. Master director Guillermo del Toro has praised the 〈Avatar〉 series and this work, raising the expectations of fans both domestically and internationally.
| Chua-young