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Daily TV Dramas Fade as Weekly Scheduling Takes Over in the OTT Era

Daily TV Dramas Fade as Weekly Scheduling Takes Over in the OTT Era

SEOUL, Oct. 3 (Korea Bizwire) – TV dramas were once immensely popular, airing every day of the week in various formats, including Monday and Tuesday dramas, Wednesday-Thursday dramas, Friday-Saturday dramas and weekend dramas. Today, however, dramas airing on weekdays have become quite rare. Among mini-series dramas, Wednesday-Thursday dramas were the first to disappear from the TV [...]

Movie Theaters Embrace Alternative Content to Ensure Their Survival

Movie Theaters Embrace Alternative Content to Ensure Their Survival

SEOUL, Oct. 3 (Korea Bizwire) – As the number of moviegoers remains below pre-COVID-19 levels, South Korea’s three major multiplex cinemas are exploring ways to survive through alternative content. They have been featuring live concerts by famous K-pop singers, broadcasting sports games, and embracing pure arts such as classical and fine arts.  For example, CJ CGV [...]

In 2021, Average Earnings for the Top 1% of Singers Reach 4.6 Billion Won Per Person: Data Reveals

In 2021, Average Earnings for the Top 1% of Singers Reach 4.6 Billion Won Per Person: Data Reveals

SEOUL, Sept. 30 (Korea Bizwire) – The top 1 percent of South Korean singers in terms of income earned an average of 4.62 billion won (US$3.4 million) per person in 2021, with their aggregate income accounting for nearly 70 percent of that earned by all singers in the country that year, data showed Saturday. A [...]

Short-Form Platforms Much More Popular than Streaming Services in South Korea

Short-Form Platforms Much More Popular than Streaming Services in South Korea

SEOUL, Sept. 27 (Korea Bizwire) – A recent survey showed that South Koreans use short-form platforms much more than streaming media services. On Tuesday, Wiseapp Retail Goods, a provider of app and retail analytical services, unveiled the results of a comparison survey on usage hours between short-form platforms and OTT services.  Through a sample survey of [...]

Singer-Actor IU Generously Donates 300 Million Won to Support the Vulnerable

Singer-Actor IU Generously Donates 300 Million Won to Support the Vulnerable

SEOUL, Sept. 18 (Korea Bizwire) – Singer-actor IU donated 300 million won (US$226,159) to marginalized groups in medical and welfare services on Monday to commemorate the 15th anniversary of her debut, her agency said. IU donated 100 million won each to Asan Medical Center, the Korea National Association of Child Welfare, and the Seoul Metropolitan [...]

Seoul Set to Construct World’s Second Domed Stadium Linked to Hotel in Jamsil

Seoul Set to Construct World’s Second Domed Stadium Linked to Hotel in Jamsil

SEOUL, Sept. 18 (Korea Bizwire) – The Seoul city government will build the world’s second domed baseball stadium annexed with a hotel in its southeastern district of Jamsil by 2031, city officials said Monday. Seoul Mayor Oh Se-hoon unveiled the plan on Saturday after touring Canada’s Rogers Center, a multipurpose retractable roof stadium, home to [...]