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TVING Receives KRW 250 billion in Financing as Streaming Service Heats
CJ ENM’s streaming service TVING has induced an additional KRW 250 billion (USD 206.5 million) in financing as it continues to expand its production slate and audience reach.With this new cash injection, TVING’s enterprise value has risen to KRW 2 trillion (US...
Apple TV+ Korea to Launch Nov 4 with Kim Jeewoon’s Series DR. BRAIN
Apple to Compete with Local Streamers, Netflix and Disney+Apple TV+ is set to become the latest streamer to enter the busy Korean streaming market as it will launch in the country on November 4. In addition to pre-existing Apple TV+ originals, the platform wil...
THE MEDIUM and ACTIONHERO Take Top Prizes at the 25th BIFAN
PEACHES Wins Top Prize in NAFF Project MarketThe Bucheon International Fantastic Film Festival (BiFan) wound its 25th edition to a close on July 18, and it was the Korean-Thai co-produced horror film The Medium, directed by Banjong Pisanthanakun in Thailand an...
Lee Jehoon, Park Jungmin, Choi Heeseo, and Son Seok-koo are Challenging Original Contents with Korean OTT
Watcha, an online streaming service in Korea, starts producing original series with actors, including Lee Jehoon , Park Jungmin, Son Seok-koo, and Choi Heeseo.On April 20th, Watcha announced that it will co-produce the ‘Unframed’ project with Hardcut, a produc...
Coupang Play to Service 51-Title Showbox Library
51 hit films from studio Showbox will be made available on the new Korean streaming service Coupang Play this month. Coupang Play, which was launched by the Korean E-commerce company Coupang, is the latest streaming service to enter an increasingly busy market...
PELICAN BLOOD Picks Up Best of Bucheon Prize at 24th BiFan
The 24th Bucheon International Fantastic Film Festival (BiFan), which was staged as a hybrid online and offline event this year, wound to a close after eight days with its awards ceremony and closing film presentation at the CGV Sopoong in Bucheon on the eveni...
24th BIFAN to Open with WHISPERING CORRIDORS 6
The Bucheon International Fantastic Film Festival (BIFAN) will return next month and opening this year’s 24th edition on July 9 will be Whispering Corridors: The Humming, the sixth entry in the long-running Korean horror franchise. This summer’s BIFAN will be ...