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Korean Entertainment Stocks Surge on Hopes of China Thaw Under New Lee Administration

Korean Entertainment Stocks Surge on Hopes of China Thaw Under New Lee Administration

SEOUL, June 7 (Korea Bizwire) — South Korea’s entertainment stocks are rallying on renewed hopes of a diplomatic thaw with China, as investors bet on policy tailwinds under President Lee Jae-myung’s new administration. According to data released by the Korea Exchange, shares of the nation’s four major entertainment companies have surged an average of 56.7% [...]

Naver CEO Meets With Netflix Executives In L.A. To Discuss Partnership Expansion

Naver CEO Meets With Netflix Executives In L.A. To Discuss Partnership Expansion

SEOUL, June 5 (Korea Bizwire) — Naver Corp. Chief Executive Officer (CEO) Choi Soo-yeon met with top executives at Netflix in Los Angeles this week to discuss their ongoing membership partnership and explore further collaborations, the South Korean tech giant said Thursday. According to Naver, Choi visited Netflix’s Los Angeles office Tuesday (local time), where [...]

Seventeen Performs ‘Thunder’ On ‘The Kelly Clarkson Show’

Seventeen Performs ‘Thunder’ On ‘The Kelly Clarkson Show’

SEOUL, June 5 (Korea Bizwire) — K-pop boy group Seventeen has appeared on U.S. NBC’s “The Kelly Clarkson Show,” performing “Thunder,” the lead track from its fifth full-length album “Happy Burstday,” according to the group’s agency, Pledis Entertainment. The performance, which aired Wednesday (U.S. time), featured synchronized choreography, dramatic lighting and props — including one [...]

G-Dragon Tops Melon’s Commuter Playlist as Koreans Tune Into Mellow Mornings, Upbeat Evenings

G-Dragon Tops Melon’s Commuter Playlist as Koreans Tune Into Mellow Mornings, Upbeat Evenings

SEOUL, June 2 (Korea Bizwire) –  South Koreans are turning to the familiar voice of G-Dragon to soundtrack their commutes, according to a new analysis of music streaming habits on Melon, the country’s leading audio platform. Melon revealed Monday that the Big Bang frontman’s tracks were the most streamed by users during weekday commuting hours—specifically [...]