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Netflix Forecasts Record $45.2 Billion Revenue as Korean Content Surges Globally

Netflix Forecasts Record $45.2 Billion Revenue as Korean Content Surges Globally

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 [...]

New York to Host Experiential Korean Wave Exhibit

New York to Host Experiential Korean Wave Exhibit

SEOUL, May 5 (Korea Bizwire) — An experiential chamber has been set up in Manhattan, New York in which visitors can try out Korean culture in a virtual reality environment. The Ministry of Culture, Sports and Tourism and Korea Creative Content Agency on Tuesday (local time) held an opening ceremony for the “KOREA: Cubically Imagined” [...]

UNESCO Headquarters Hosts Korean Cultural Exhibition

UNESCO Headquarters Hosts Korean Cultural Exhibition

SEOUL, July 8 (Korea Bizwire) — The Ministry of Culture, Sports and Tourism and the Korea Creative Content Agency are co-hosting ‘Korea: Cubically Imagined,’ an exhibition held at the United Nations Educational, Scientific and Cultural Organization (UNESCO) headquarters in Paris that began on July 6. The exhibition showcases BTS’s video performance of “BTS Map Of [...]