Paramount+ Launches In Korea On CJ’s TVing

Patrick Frater Asia Bureau Chief“Money Heist: Korea – Joint Economic Area” has become Netflix’s latest Korean-made international hit. The Korean remake of “La Casa de Papel” (aka “Money Heist”) is in first place on the streaming giant’s Global Non-English top ten chart over the last week.The series premiered on Friday (June 24), meaning that it only had three days to claim its spot in chart that covers the period June 20-26.

Hallyu is an invented term used to describe the rising global popularity of Korean culture, but it also has never been more applicable in Hollywood than at this moment.

EXCLUSIVE: Paramount Pictures is set to remake critically acclaimed South Korean crime thriller The Gangster, The Cop, The Devil with original star Don Lee (aka Ma Dong-seok) reprising his lead role as a gang boss looking for redemption in the studio’s U.S. version.

Patrick Frater Asia Bureau Chief“Top Gun Maverick” flew to the top of the box office charts in South Korea over the weekend, with a supersonic $9.6 million opening loop. It replaced “The Witch: Part 2 The Other One,” which had been top dog for only a week.Tom Cruise, a regular visitor to Korea, jetted into Seoul with producer Jerry Bruckheimer and co-stars Miles Teller, Glen Powell and Greg Tarzan Davis to goose the movie’s takeoff in the country. Cruise professed himself grateful for the fan’s warm reception and talked up the importance of in-person visits to the cinema.Sub-distributed in Korea by Lotte Entertainment, the film opened on Wednesday and played on more than 1,900 screens.

Patrick Frater Asia Bureau ChiefStars Piolo Pascual and Lovi Poe head the cast of the Philippines adaptation of Korean Series “Flower of Evil.” It begins airing across East Asia and parts of the Middle East. The romance-thriller series involves a female detective who suspects that her husband is a serial killer.The original show was produced by CJ ENM’s Studio Dragon and aired on tvN in 2020.

BTS against embarking on their previously announced extended break.The association released a statement on June 22, per The Korea Times, where a “concerned” Lee wrote about a personal unease regarding the possible consequences for the K-pop industry stemming from BTS’ break.The K-pop boyband first announced last week that they would be “[taking] time to explore some solo projects” during a live broadcast celebrating their ninth anniversary. The boyband are set to embark on an extended break in order to pursue personal endeavours.“I’m concerned that the Korean wave centring around BTS, which has the strongest cultural soft power in Korea and the world, may fade away … Like a ‘second Beatles’ won’t arrive easily, it is unlikely for there to be a ‘second BTS,’ so I’m worried that hallyu may be cut,” the statement read.Further in the statement, Lee requested for the K-pop juggernauts to “reconsider” their decision to go on the extended break, writing: “You may have made the decision after deep deliberation, but would you reconsider [a withdrawal of the decision] for the sake of Korea’s music industry?”According to The Korea Times, Lee’s statement also posited that without the presence of BTS, there would also be a lack of their fanbase, officially named ARMYs.

EXCLUSIVE: Industry tech provider Deluxe has appointed former Netflix Korea exec Samantha Kim to the role of Managing Director, Business Development, APAC.

EXCLUSIVE: Armani Jackson (Honor Society, Chad), Bella Shepard (iCarly, The Wilds), Chloe Rose Robertson (Wildflower) and Tyler Lawrence Gray (Our Town, Macbeth) are set as the young leads in Paramount+ series Wolf Pack. The series hails from Jeff Davis, developer and executive producer of the 2011 MTV series Teen Wolf, and MTV Entertainment Studios where Davis is under a deal.

Nick Vivarelli International CorrespondentAs Paramount+ prepares for its splashy, star-studded U.K. and Ireland launch in London on Monday, Paramount’s president and CEO of streaming Tom Ryan spoke to Variety about the rebranded company’s global streaming biz expansion that, besides being powered by original content, stands out in the field for its diversified model.This model involves a mix of platforms and partnerships, combining direct-to-consumer and a la carte offerings with a market-by-market approach.

Patrick Frater Asia Bureau ChiefThe theatrical debut of much-anticipated local horror-action film “The Witch: Part 2. The Other One” dominated the Korean box office chart over the latest weekend and overshadowed the simultaneous release of Pixar title “Lightyear.”Distributed by Next Entertainment World, “The Witch: Part 2” conjured up an $8.21 million opening weekend from just shy of 1,800 screens nationwide. That gave it a market share of 48%.

The cast of Top Gun: Maverick gathers together on the red carpet for a group shot at the premiere event held at Lotte World on Sunday (June 19) in Seoul, Korea.

Lise Pedersen Six teams of budding animation professionals have pitched their projects at the Annecy Intl. Animation Film Festival as part of a new mentoring program for women from France and Africa launched by Les Femmes s’Animent (LFA), an organization that supports women in animation.The aim of the initiative, entitled “A Woman’s Journey,” is to help women who want to create short animated films but are not part of, nor have access to, the animation industry.

Paramount+ has expanded into South Korea, marking the first time the streaming service is available in Asia, Paramount announced Wednesday.Starting now, subscribers of South Korea-based streaming platform Tving will be able to stream Paramount+ content at no additional cost. This includes Paramount+ originals “Halo,” “Mayor of Kingstown” and “1883” along with shows from Paramount-owned Showtime including “Yellowjackets” and “Super Pumped: The Battle for Uber,” all of which are available in Korea for the first time.The deal is part of a global partnership between Paramount and CJ ENM, which co-owns Tving, and will also see seven Korean original shows distributed on Paramount+.The first production to launch as part of that partnership is the upcoming series “Yonder,” set to launch on Tving in late 2022 and on Paramount+ where the services is available.

Patrick Frater Asia Bureau ChiefGrowth in paid SVOD subscriptions slowed sharply in the first quarter of 2022 in South Korea, one of the most fiercely contested entertainment markets. Net new additions were some 600,000, down from 1.7 million in the fourth quarter of 2021.

Patrick Frater Asia Bureau ChiefThe Paramount+ streaming service launches Thursday in South Korea as a free-of-charge addition to the CJ ENM-controlled TVing platform.Paramount+ originals such as “Halo,” in addition to “Yellowjackets,” “Super Pumped: The Battle for Uber,” “Mayor of Kingstown” and “1883” will be released for the first time in Korea, exclusively through the new branded zone. It will also provide access to library movie titles including “Mission: Impossible,” “Top Gun,” and “Transformers,” CBS series “CSI: Crime Scene Investigation” and “NCIS,” Nickelodeon’s “SpongeBob SquarePants,” Comedy Central’s “South Park,” MTV’s young adult series and others from Showtime.

Mark Schilling Japan CorrespondentBack in Japan after his Korean-language drama “Broker” won two prizes at this year’s Cannes festival, Kore-eda Hirokazu appeared as a press event in Tokyo on Tuesday to announce the launch of a group of industry professionals who aim for structural reform of the Japanese film industry.The group calls itself the “Association for the Establishment of a Japanese Version of CNC.” The reference is to France’s government-backed oversight body, the Centre National du Cinema et de l’Image Animee. Kore-eda noted the low incomes and long working hours of freelance filmmakers and emphasized the need for reform.

KARA are reportedly in talks to record new music to celebrate the act’s 15th anniversary.Today (June 14), several South Korean news outlets reported that the former members of KARA had met up to discuss the possibility of reuniting as a group to release new music in lieu of their 15th anniversary.“I heard that they met frequently for discussion.

Patrick Frater Asia Bureau Chief“Broker,” the art house drama film that appeared in competition in Cannes last month had a bright start in Korean cinemas, picking up over $6 million in its opening foray. Its score, however, was not enough to unseat mainstream crime actioner “The Roundup” from the weekend’s top spot.“Broker” earned $4.13 million over the Friday to Sunday weekend, according to data from Kobis, the tracking service operated by the Korean Film Council (Kofic). That put it second behind “The Roundup” with a weekend score of $6.69 million.