Leading South Korean OTT Platform Content Wavve CEO Talks $900M Originals Drive, International Roll-Out & Season 2 Of Hit Anthology Show ‘SF8’

Patrick Frater Asia Bureau ChiefSouth Korean film and TV studio Next Entertainment World (N.E.W.) has struck a long-term agreement to supply content to streaming service Disney Plus. The deal appears to bring forward the likely launch of Disney Plus in the key territory, while also further stoking competition for Korean films and TV series.The agreement was disclosed little fanfare late last week.

Patrick Frater Asia Bureau ChiefMulti-territory Asian streaming service Viu is readying its third Korean-sourced original production. The period romantic fantasy “Hong Cheon Gi” will be launched in the third quarter of this year.Based on a novel of the same name, the series tells the story of a woman artist with extraordinary aesthetic insight and skills who became the first female painter of the Dohwaseo (Korean Royal Academy of Painting).

Chloé Zhao’s history-making Oscars sweep, winning best director and best picture, is being met with a muted response in her country of birth, and even censorship.

Minari star Yuh-Jung Youn made history at the Oscars by becoming the first Korean to win an acting Academy Award and delivered another endearing acceptance speech. The 73-year-old actress from South Korea has a career in film and television that spans over five decades but only recently rose to prominence in the US thanks to her role in Minari.

Rebecca Rubin Film and Media ReporterRaise a glass of Mountain Dew to Yuh-Jung Youn.The celebrated Korean actress won an Oscar on Sunday night for her supporting role in “Minari,” Lee Isaac Chung’s semi-autobiographical drama about a family that relocates to rural Arkansas in the 1980s to start a farm.

Veteran actress Yuh-Jung Youn made history when she became the first South Korean actress ever to receive an Oscar nomination in the supporting actress category, and again made history tonight as the first Korean ever to win an acting Oscar for her portrayal as the feisty grandma in Lee Isaac Chung’s Minari.

on Sunday, making her the first Korean and second female Asian acting winner in the history of the Academy Awards.“Lee Isaac Chung, without him I wouldn’t be here tonight.

It’s no secret that K-pop idols have some of the most enviable complexions, and now, some of the stars are spilling their beauty tips and tricks!

Patrick Frater Asia Bureau ChiefKorean-American star Don Lee (aka Ma Dong-seok), star of upcoming Marvel film “The Eternals” will produce and star in “The Club,” an action series derived from South Korean scripted format “The Trap.”The production brings together B&C Contents, a company owned by Lee and Chris S. Lee, and U.S.-based Starlings Television.

Korean film Minari was recently released and it’s all everyone is talking about. Starring Steven Yeun, Youn Yuh-jung, Alan S.

Netflix is so famously data-driven that understanding its growth strategy tends to be ruthlessly straightforward: "Follow the money." Recently, a growing share of the streamer's cash pile has been pouring into two key content categories in East Asia: South Korean drama and Japanese anime. In February, Netflix held a star-studded event in Seoul, where it pledged to spend $500 million on South Korean film and series in 2021 alone.

In Lee Isaac Chung’s Minari, actress Yuh-Jung Youn plays the grandmother who swoops in from South Korea to the small Arkansas town where her Korean-American family have made their home, delightfully disrupting their lives. With her abundant charm and unfiltered ways, she makes a significant impact in this heartwarming story of the American dream.

Jazz Tangcay Artisans Editor“Minari” is filmmaker Lee Isaac Chung’s semi-autobiographical tale of a Korean American family starting a new life in 1980s Arkansas.

Patrick Frater Asia Bureau ChiefMulti-territory Asian streaming platform Viu is to launch four new anime titles and six Korean dramas as part of its second quarter slate update.

Netflix provided a rare snapshot of its business fundamentals in South Korea this week —a new requirement for all large companies based there under local law. The results show the global streaming giant building a robust business in the East Asian country despite steadily escalating content spending.

South Korean format producers taking part in this week's digital MIPTV will be Zooming into the international television trade show from a position of uncommon strength. Just as BTS and Bong Joon-ho have elevated K-pop and Korean cinema to the pinnacle of global pop culture in recent years, Korean format producers have been consistently punching above their weight in the international TV space.

Patrick Frater Asia Bureau ChiefGlobal streaming giant Netflix is on course for profitability in South Korea, a market that it has identified as key.Local unit Netflix Services Korea revealed 2020 sales of $356 million (KRW416 billion) and operating profits of $7.54 million (KRW8.82 billion). Both figures are sharply up compared with 2019.

Korea JoongAng Daily. A number of other well-known agencies who are part of the association are also involved in the complaint.The amendment, which passed last year, allows pop musicians who have received cultural merits from the Ministry Of Culture, Sports and Tourism to defer their enlistment until the age of 30.