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☆ How ‘Moving’ became Disney+’s first big Korean hit
▼ + stars: | 2023-10-06 | by ( Jane Sit | ) edition.cnn.com time to read: +4 min

CNN —Following the success of “Squid Game” on Netflix and “Pachinko” on Apple TV+, “Moving” has landed Disney+ its first Korean hit. “Moving” is a thriller following the fates of low-profile Korean superheroes and their families. Ahead of the awards on October 8, CNN caught up with Ryu to discuss his character, why he thinks the show has resonated with a global audience, and his big hopes for a second season. Korean-style superheroesIn "Moving," actor Cha Taehyun plays a character who has the ability to generate electricity. The actor says the focus on family helps “Moving” resonate with international audiences.

Persons: Kang, Ryu Seungryong, Ryu, Cha Taehyun, Jang Ju, “, ” Ryu, ”, we’re, dote, you’re, don’t, ” That’s, Ryu, “ Kang Organizations: CNN, Netflix, Apple, Disney, Hulu, Star Wars, Marvel, Busan, Film Locations: Asia Pacific, South Korea’s, South Korea, Park Chan, Hulu

☆ Naver's 'Webtoon' CEO says barrier for new entrants is high
▼ + stars: | 2023-08-14 | by ( Joyce Lee | ) www.reuters.com time to read: +3 min

The global webtoon industry made $4.7 billion in 2021 and is projected to make $60.1 billion by 2030, according to Spherical Insights & Consulting. But Kim Junkoo, CEO and founder of Webtoon Entertainment - a unit of Naver which originated the format in 2004 - says rivals will struggle to build a viable business. Webtoon Entertainment and its subsidiary have run amateur artists' debut programmes for years, generating 1.6 million titles from 900,000 creators as of January. Naver said in recent earnings calls that it expected to list the Webtoon business in the United States next year, but did not elaborate on size, timing or venue. Webtoon Entertainment reported a 13 billion won operating loss in the April-June quarter, smaller than the 21.4 billion won loss in the first quarter.

Persons: Kim Junkoo, Kim, we've, Apple, Naver, 1,330.1200, Joyce Lee, Sam Holmes Organizations: WEBTOON, REUTERS, Consulting, Amazon Japan, Apple, Webtoon Entertainment, Entertainment, Korea Creative Content Agency, Thomson Locations: Paris, France, SEOUL, Korean, Silicon, Japan, Korea, United, United States

☆ A.I. could threaten search ad market, but South Korean tech giant Naver also sees an opportunity
▼ + stars: | 2023-05-09 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

The Naver Corp. website arranged on a screen in Gimpo, South Korea on Sept. 9, 2021. While artificial intelligence chatbots like ChatGPT pose a threat to the search ad market, South Korean internet giant Naver sees the rise of AI as an opportunity for the company. Naver is South Korea's most used search engine, according to Statista, commanding a 61.2% market share of monthly active users. In contrast, the ever ubiquitous Google has a 28.55% market share in the country. If fewer people use search engines, that would lead to a decline in search ad revenue, often the largest revenue stream for their operators.

☆ Park Seo-joon joins cast of 'The Marvels,' among growing list of Korean talent joining Disney projects
▼ + stars: | 2022-11-30 | by ( ) www.nbcnews.com time to read: +2 min

Korean actor Park Seo-joon will star in the upcoming superhero movie “The Marvels” to be released in July 2023. He joins a growing roster of Korean talent that is joining Disney-backed content and was one of many Korean names dropped Wednesday at a Disney content showcase in Singapore. Earlier this month, “Squid Games” star Lee Jung-jae was announced as joining Star Wars series “The Acolyte,” for Disney +. So too did Japanese director Miike Takashi, whose Korean-made series “Connect” Disney+ will upload early next month. Disney has announced plans to green-light 50 local shows in the Asia-Pacific region by the end of 2023 and is keen to catch up with Netflix in the scale of its Korean content roster.

☆ Streaming enters a new reality with a boom in sports and drive for profitability as fresh voices continue to break through with innovative storytelling on new platforms
▼ + stars: | 2022-11-15 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Big entertainment players face pressure to make streaming profitable and satisfy diverse audiences. 100 People Transforming Business is an annual list highlighting people across industries who are changing the way the world does business. As streamers feel the limits of subscription growth, free, ad-supported TV streamers like Tubi have grabbed market share. While many in Hollywood fear that marginalized voices could get sidelined in a tougher market, 2022 has seen more storytelling and content elevating previously excluded communities. As CEO Ken Kim told Insider, "It's not just professional creators — they are from all over the world."

☆ A Minute With: South Korea's Kian84 on showing at London StART art fair
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +2 min

South Korean artist and reality star Kian84 sits with some of his work at the Saatchi Gallery in London, Britain, October 12, 2022. REUTERS/Dylan MartinezLONDON, Oct 13 (Reuters) - South Korean artist and reality television star Kian84 is debuting his work in Britain this week, showing his pop art pieces as part of the StART art fair in London. In an interview with Reuters, Kian84 spoke about his art, inspiration and showing to a new audience. Kian84: “I didn’t really understand art before because seeing a painting with a dot on it being sold at a very high price, I thought it was something I could never understand. But here, British people don’t know me that well, so I’m very curious how my art will be received by them.

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