South Korea Police Raid Major Cinema Operators, Distributor Offices Amid Box Office Probe – Reports

Margot Robbie was celebrating big at the premiere of her new movie, Barbie, in South Korea!

Patrick Frater Asia Bureau Chief Pixar animation film “Elemental” expanded at the South Korean box office in its third weekend of release and easily bested new release title “Indiana Jones and the Dial of Destiny.” “Elemental” earned $5.27 million between Friday and Sunday, according to data from Kobis, the box office tracking service operated by the Korean Film Council (Kofic). That represented a 38% increase on its previous weekend performance and was the best of its three weekends so far. It also increased its market share to 39%, also its strongest market position, despite only adding a handful of additional screens. After 19 days on release, “Elemental” has amassed $16.9 million from 2.25 million spectators.

MAMAMOO’s Hwasa‘s agency is speaking out amid rumors.

Ten young people from Perthshire are counting the days till they board a flight bound for Seoul, South Korea.

The stars of the upcoming movie Mission: Impossible – Dead Reckoning Part One are in Korea for the latest stop on their international press tour!

Ampere Analysis  presented Tuesday at Spain’s Conecta Fiction.  Ampere’s popularity score is a propriety metric based not on viewership but on the tracking of internet search volume received by a title each month as well as other metrics, Ampere’s Alice Thorpe clarified at the presentation.  The fandom base of Korean series and Japanese anime are concentrated in teen and YA demographics, which are also most avid Internet users. 

Warner Music Korea, the South Korean subsidiary of Warner Music, has issued a statement against claims by their agency Attrakt that it had attempted to illegally poach members of girl group FIFTY FIFTY.On June 26, K-pop girl group FIFTY FIFTY’s label Attrakt released a statement claiming that Warner Music Korea had been colluding with an unnamed third party to illegally poach members of the group.“We have evidence of [an outside party] clearly attempting to poach FIFTY FIFTY members illegally, and we request Warner Music Korea to provide an adequate explanation and answers,” said Attrakt earlier today, per Korea JoongAng Daily.This also comes several days after Attrakt stated last Friday (June 23) that it would take legal action against other agencies that had been spreading negative rumours about it “in an attempt to lure the members of FIFTY FIFTY” into breaking their exclusive contracts.Warner Music Korea has since denied the claims made by Attrakt in a new statement, per XSportsNews. “First, as FIFTY FIFTY’s overseas distributor, Warner Music Korea has has been working [with FIFTY FIFTY] since April 1, 2023,” it said, as translated by Soompi.“We have done our best to make the dazzling achievements of FIFTY FIFTY and their agency shine even brighter by mobilising Warner Music Group’s abilities and network, so we are very sorry that such unfortunate suspicions were raised,” added Warner Music Korea.The agency went on to say: “Attrakt’s claims are groundless, and we are regretful that they have sent [us] a certification of contents.

Patrick Frater Asia Bureau Chief Pixar animation “Elemental” rose to the top of the South Korean box office over the latest weekend. It overtook “The Roundup: No Way Out” and kept new release “Spider-Man: Across the Spider-Verse” at bay, in third place. Released a week earlier, “Elemental” rose from second place to first and grew its revenue by 19% in its second frame. According to data from Kobis, the tracking service operated by the Korean Film Council, “Elemental” earned $3.86 million between Friday and Sunday for a 12-day cumulative of $9.47 million. “The Roundup: No Way Out,” which had dominated the sector for the previous three weekends, slipped to second position. It earned $3.34 million over the weekend, a 34% week-on-week decline. Since releasing on May 31, it has amassed $73.2 million, from 9.67 million ticket sales, by far the biggest haul of any film released this calendar year.

The viability of South Korea’s KBS is under threat due to government plans to alter its funding mechanism, according a public service media advocacy group.

During a three-day visit to Seoul, Netflix co-CEO Ted Sarandos said the streamer is fairly compensating producers and nurturing new talent, after calls from some local lawmakers and industry figures for more profit-sharing with creators. 

Patrick Frater Asia Bureau Chief KC Global Media, a leading multi-territory operator of linear TV channels in Asia, has sold Animax Korea to Aniplus, an Asian multinational television channel and anime distributor based in Singapore and South Korea. The deal “aims to elevate Animax Korea’s offerings while focusing on horizontally integrating its content across Aniplus’ platform and reach,” the companies said. The deal was agreed in April, but was subject to regulatory approvals. These have now been obtained. Deal terms were not disclosed. But sources close to the transaction suggest that it was valued at some KRW46 billion ($35.5 million).

committed to invest US$2.5billion on new South Korean TV shows and films.“[Korean content] is very often unpredictable and catches the American audience by surprise,” Sarandos said at the event, per Variety. “I think what’s brilliant is to see film, unscripted and series all grow according to the interests of our Korean audience.”He added that “great stories can come from anywhere and be loved anywhere [and] nowhere has this proven more true than here in Korea”, per Yonhap News Agency.Over the past two years, Netflix has released a number of hit Korean series and films, from the global phenomenon Squid Game, to the thrilling revenge series The Glory, to the reality TV series Single’s Inferno.Sarandos added that 60 per cent of all Netflix subscribers have watched at least one Korean title, while viewership of Korean content is up sixfold over the past half decade.During the event, the Netflix co-CEO also spoke about how the company is looking to use its US$2.5billion investment plan to “grow the industry” in Korea.

Patrick Frater Asia Bureau Chief C CGV, a company that is one of the world’s top ten cinema exhibitors and is also a major cinema technology developer, is to raise close to $800 million in order to shore up its finances after a devastating COVID era. The company operates the largest cinema chain in its native South Korea and has significant numbers of screens in Vietnam, Indonesia, Turkey and mainland China, with smaller operations in Myanmar and the U.S. It also owns CJ 4DPlex, which developed the technology for films to be augmented with practical effects, including motion-seats, wind, strobe-lights, simulated-snow, and scents. In addition, its ScreenX system provides screenings that use the side walls of an auditorium to create a 270-degree sensory experience.

star Taylor Ann Green, who was born Richard Worthington Green, died on June 8, ET confirms. He was 36.«Worth left this world on top of the world — he had a beautiful passion for life and cared deeply for those around him,» Taylor and her family told ET in a statement. «We are going to miss his jovial personality and all of the love and laughter that he brought his family, girlfriend and countless friends.»«Heartbroken is an understatement, but we are finding so much peace knowing he is in the arms of our Heavenly Father,» the family statement continued.

Squid Game is one of the biggest Netflix hits, and Season 2 of the South Korean television series is now on the way.

Welcome to Global Breakouts, Deadline’s fortnightly strand in which we shine a spotlight on the TV shows and films killing it in their local territories. The industry is as globalized as it’s ever been, but breakout hits are appearing in pockets of the world all the time and it can be hard to keep track… So, we’re going to do the hard work for you.

Physical: 100 will return for a second season.Physical: 100 is a survival show where a hundred men and women with well-developed physiques compete in various challenges to determine the one contestant with the “perfect” physique. The first season debuted in January 2023 and became Netflix’s first unscripted show to top the streamer’s list of most-popular non-English TV programs.In a press release today (June 14), Netflix confirmed that Physical: 100 has been renewed for a second season and will feature a new group of 100 contestants.

writers strike that is being branded “Screenwriters Everywhere,” with events planned in major cities including Paris and London. The Writers Guild of America has enlisted members from the International Affiliation of Writers Guilds, Federation of Screenwriters in Europe and UNI Global Union to demonstrate global support for the union’s strike against Hollywood’s largest producers. The unprecedented rallying behind the WGA is especially relevant during this strike given the globalization of content, and the fast-growing international outposts of many “struck” companies, such as Netflix and Prime Video.

Elsa Keslassy International Correspondent “The Inseparables,” Jérémie Degruson’s ambitious animated feature competing this week at Annecy festival, has been sold to a raft of territories by Octopolis and nWave. Based on an original idea by Joel Cohen and Alec Sokolow, the Oscar-nominated writers of “Toy Story,” “The Inseparables” follows the misadventures of Don, a runaway puppet with a boundless imagination and, DJ Doggy Dog, an abandoned stuffed animal toy in need of a friend. Don and DJ Doggy Dog cross paths in Central Park and pair up against all odds for an epic adventure of friendship in New York City. The film was penned by Bob Barlen and Cal Brunker. Budgeted at $25 million, “The Inseparables” was produced by nWave Studios in Belgium, Octopolis in France and A Contracorriente Films in Spain.

Patrick Frater Asia Bureau Chief Seoul Metropolitan Police on Tuesday raided the offices of Korea’s three leading multiplex cinema operators and three film distributors. “The six entities are accused of obstructing the business of the Korean Film Council (KOFIC) by falsely counting the audience numbers for Korean films,” a spokesman for the police is reported to have told Korean media, according to the semi-official Yonhap news agency. The raids were conducted by the force’s anti-corruption and public crime investigation team. Local media named the companies visited by the police on Tuesday as cinema chains CJ CGV, Megabox and Lotte Cinema, and distributors Showbox, Lotte Entertainment and Kidari.