SEOUL, Jul. 27 (Korea Bizwire) — A new industry report claims that streaming service Netflix failed to take advantage of its original film ‘Okja’ in South Korea despite the hype for the star-dusted cast and high-profile film director Bong Joon-ho, as subscription figures have plunged only days after the movie was released. The report released on Thursday [...]
SEOUL, Jul. 17 (Korea Bizwire) — As the popularity of “binge-watching” TV is steadily rising in Korea, a study published by a research team at Hanshin University highlights parallels between watching TV shows and playing video games. Netflix, the video streaming industry giant, is one of the most popular options for binge-watching, especially considering a season’s [...]
SEOUL, Jul. 17 (Korea Bizwire) — Global streaming service Netflix is rapidly emerging as a promising alternative for the South Korean TV industry, as political tension with China, once the biggest export destination of South Korean TV shows, has put a strain on local content creators. Netflix’s recent purchases of South Korean TV series such as [...]
SEOUL, Jun. 30 (Korea Bizwire) — Netflix’s newly released South Korean movie “Okja” could have attracted over seven million moviegoers to the cinema if the streaming service hadn’t simultaneously released the movie on its platform, new big data-based statistics say. According to the big data analysis released by movie recommendation service Watcha on Thursday, the [...]
SEOUL, Jun. 29 (Korea Bizwire) — The number of paid subscribers to online entertainment companies in South Korea has been found to be extremely low, a new industry report has revealed. Only 1.4 percent of South Korean internet users pay to enjoy online content from media outlets, the lowest rate among all online content services, while [...]
SEOUL, Jun. 28 (Korea Bizwire) — At first glance, it might seem as though Netflix – with its global presence and extensive catalogue of popular content – would have little difficulty in conquering the domestic OTT (over-the-top content) market. However, a closer look tells a slightly different story. According to unofficial figures (Netflix does [...]
SEOUL, Jun. 28 (Korea Bizwire) — South Korean director Bong Joon-ho said on Tuesday he wanted to tell the story of an animal that can hold many different meanings to mankind in the Netflix-backed sci-fi film “Okja.” “I wanted to shoot a film about animal which can both be friend or family and food to [...]
SEOUL, June 15 (Korea Bizwire) – Director Joon-ho Bong’s newest movie, “Okja”, has been unveiled in Korea, but there are disputes regarding the movie’s screening at some of the country’s largest theater chains. Three major multiplexes – CGV, Lotte Cinema and Megabox – made it clear that they will not screen “Okja” as part of a [...]
SEOUL, June 15 (Korea Bizwire) – South Korean filmmaker Bong Joon-ho on Wednesday threw a jab at the organizers of this year’s Cannes Film Festival, saying that it should have fixed its rules regarding streaming-only films before inviting his Netflix movie “Okja.” “It would have been preferable if the Cannes festival would have put the rules in order before inviting us. Inviting us and creating [...]
SEOUL, June 2 (Korea Bizwire) – Okja, director Bong Joon-ho’s action-adventure film that wowed audiences at the Cannes Film Festival, is once again under fire, this time in South Korea, with Netflix choosing to release the film online at the same time as it is released at local theaters. Along with another Netflix film, The Meyerowitz [...]