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MOU Signed to Merge Operators of Lotte Cinema, Megabox Cinema Chains

MOU Signed to Merge Operators of Lotte Cinema, Megabox Cinema Chains

SEOUL, May 8 (Korea Bizwire) — South Korean media giant JoongAng Group and retail conglomerate Lotte Group signed an agreement Thursday to merge their respective affiliates that operate Megabox and Lotte Cinema — the country’s third- and second-largest movie theater chains. JoongAng Group announced that it signed a memorandum of understanding (MOU) with Lotte Group [...]

Football League Mulls Disciplining Coach for Shoving Player in On-Field Outburst

Football League Mulls Disciplining Coach for Shoving Player in On-Field Outburst

SEOUL, May 7 (Korea Bizwire) — The South Korean football league said Wednesday it will consider opening disciplinary proceedings against a coach for shoving a player in an on-field meltdown. The Korea Professional Football League (K League) said it was reviewing an incident involving Gwangju FC head coach Lee Jung-hyo and one of his players, [...]

KBO Tops 3 Mln in Attendance in Record Pace

KBO Tops 3 Mln in Attendance in Record Pace

SEOUL, May 5 (Korea Bizwire) — The South Korean baseball league announced Monday it has surpassed 3 million in regular-season attendance in the fewest games in its history. The Korea Baseball Organization (KBO) said its 2025 season attendance reached 3,061,937 after a record 175 games. The previous mark for the fewest games to 3 million [...]

Fixie Bike Fad Sparks Safety Fears on South Korean Streets

Fixie Bike Fad Sparks Safety Fears on South Korean Streets

SEOUL, May 5 (Korea Bizwire) —  In cities across South Korea, brakeless fixed-gear bicycles—commonly known as “fixies”—are rapidly growing in popularity among young people, particularly students. Despite repeated safety concerns from parents, drivers, and law enforcement, regulatory action and institutional safeguards remain absent. On May 2, in Myeongji International New City in Busan’s Gangseo District, students [...]