SEOUL, July 22 (Korea Bizwire) — Director Park Chan-wook’s “No Other Choice” has been officially invited to compete for the prestigious Golden Lion at this year’s Venice International Film Festival. The announcement was made Tuesday during a livestream revealing the 21 films in the main competition section. The acclaimed director’s latest film is the first [...]
SEOUL, July 22 (Korea Bizwire) — South Korean authorities have indicted a group involved in the illegal sale of private flight information belonging to BTS and other K-pop celebrities, escalating concerns over persistent privacy violations in the entertainment industry. According to Seoul’s cybercrime police unit on Tuesday, a foreign airline employee identified as “A” was [...]
SEOUL, July 22(Korea Bizwire) — South Korea’s K-pop industry is facing mounting concerns as both album exports and sales declined in the first half of 2025, signaling a broader slowdown in a market once considered resilient to global economic headwinds. Even Japan — historically K-pop’s strongest overseas market — saw reduced import volumes, prompting calls for [...]
SEOUL, July 21 (Korea Bizwire) — As Korean pop culture continues to captivate global audiences, secondhand K-pop merchandise is experiencing a dramatic surge in international demand, driving a new wave of “reverse direct-to-consumer” sales from South Korea to overseas buyers. According to Bunjang, a leading Korean secondhand marketplace, the platform’s global transaction volume in the first [...]
SEOUL, July 18 (Korea Bizwire) — Netflix is poised to generate up to 62.9 trillion won ($45.2 billion) in revenue this year—more than triple the total revenue of South Korea’s entire broadcasting industry in 2023, which stood at 18.8 trillion won. The surge reflects the platform’s accelerating global dominance and the rising popularity of Korean [...]
IKSAN, July 18 (Korea Bizwire) – McDonald’s Korea’s latest local specialty, the “Iksan Sweet Potato Mozzarella Burger,” has become a viral sensation on social media, surpassing 500,000 units sold within just four days of its release on July 10. The burger is now poised to reach the one-million mark by this weekend, according to officials [...]
SEOUL, July 17 (Korea Bizwire) — South Korea aims to build a lunar base by 2045 under its new long-term national space exploration roadmap, the country’s space agency said Thursday. The Korea AeroSpace Administration (KASA) revealed the country’s latest space exploration vision during a public hearing at the National Research Foundation of Korea in the [...]
SEOUL, July 16 (Korea Bizwire) — Boy band Monsta X on Wednesday attributed its decade-long run to the family-like bond and shared sense of purpose among its members, as the group marked 10 years since its debut. “I’ve spent more time with my bandmates than with my own brother who lives abroad,” member Minhyuk said [...]
SEOUL, July 15 (Korea Bizwire) — After his departure from SM Entertainment last year and subsequent focus on solo endeavors, singer Onew has been relentlessly active, with a primary goal: performing. “I was with SM, and now I’m doing solo activities with a new company. My biggest goal was ‘I want to perform now.’ Due [...]
SEOUL, July 15 (Korea Bizwire) — Sulbing Co., a South Korean dessert cafe chain, said Tuesday it plans to enter the Philippine market this year as part of its overseas expansion strategy. Sulbing has signed a master franchise (MF) agreement with Beyond Bingsu Cafe Inc., an affiliate of Philippines’ Fredley Group of Companies, to open [...]