SEOUL, Dec. 23 (Korea Bizwire) — The share of South Koreans who play video games has fallen to its lowest level on record, underscoring a rapid shift in leisure habits as streaming platforms and short-form video content gain dominance, according to a new government-backed survey. A nationwide study released Monday by Korea Creative Content Agency found [...]
SEOUL, Dec. 18 (Korea Bizwire) — Disney’s Zootopia 2 has become South Korea’s top-grossing film of the year, overtaking its competitors just 23 days after its release, according to data released Thursday by Walt Disney Company Korea. The animated sequel surpassed 5.69 million cumulative admissions on Thursday afternoon, edging out the year’s previous leaders — Demon [...]
SEOUL, Dec. 16 (Korea Bizwire) — Culture Minister Chae Hwi-young said Tuesday the government will introduce comprehensive policies to improve the concert environment in order to further promote K-pop. Chae made the remarks during a policy briefing to President Lee Jae Myung. The government aims to build a new dome stadium with a capacity of [...]
SEOUL, Dec. 12 (Korea Bizwire) — ARC Raiders, a new shooter game developed by Embark Studios, a subsidiary of Nexon Co., has been named best multiplayer at The Game Awards 2025, the event’s organizers said Friday. At the annual award show held in Los Angeles on Thursday (U.S. time), ARC Raiders won the category, beating [...]
SEOUL, Dec. 12 (Korea Bizwire) — With nationwide theater attendance still sluggish, South Korean cinema operators are increasingly turning to high-tech “special formats” — such as 3D, 4D, and premium immersive auditoriums — to give moviegoers a reason to return. Megabox, one of the country’s major multiplex chains, said Wednesday that revenue from its premium technology [...]
SEOUL, Dec. 9 (Korea Bizwire) — Rapper Jay-Z’s investment fund has joined hands with a South Korean asset manager to raise a private equity fund (PEF) that invests in Korean entertainment, beauty and lifestyle, officials said Tuesday. MarcyPen Capital Partners LLC, which is backed by the U.S. rapper, recently signed a memorandum of understanding with [...]
SEOUL, Dec. 7 (Korea Bizwire) — As BTS prepares for a full-group comeback next spring, RM, the group’s leader and most public voice, acknowledged that the band had wrestled with existential questions during its hiatus — including whether it should continue at all. The group is slated to reunite in 2025 after all seven members complete [...]
SEOUL, Nov. 28 (Korea Bizwire) — A pair of beloved characters from Netflix’s hit Korean animation K-Pop Demon Hunters soared above Manhattan on Thursday morning, marking one of the most prominent international spotlights yet for the breakout franchise. During the 99th Macy’s Thanksgiving Day Parade — an annual tradition since 1924 and one of the most [...]
SEOUL, Nov. 28 (Korea Bizwire) — A South Korean parliamentary committee on Friday, November 28, approved a landmark bill aimed at curbing the rampant black market for concert and sports tickets by empowering authorities to levy fines up to 50 times the ticket’s illegal resale price. The National Assembly’s Culture, Sports and Tourism Committee passed sweeping [...]
SEOUL, Nov. 27 (Korea Bizwire) — Google will roll out a lower-priced version of YouTube Premium in South Korea that excludes its music-streaming service, the country’s antitrust regulator said Thursday, following a months-long probe into whether the company’s subscription bundling violated fair-trade rules. The launch is part of a corrective plan Google submitted under a consent-decision [...]