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To Higher Heights
Experience Korea Experience Courtesy of CJ ENM ⓒ To Higher Heights K-drama’s Global Boom Falling For Hallyu Whether by choice or quarantine due to The dramas “Autumn in My Heart” (2000) and COVID-19, homebodies worldwide are discovering “Winter Sonata” (2003) were the initial triggers of gems of Korean dramas, especially on Netflix. From Hallyu, or the Korean Wave. The success formula for “Crash Landing on You” to the “Reply” series, works K-dramas at the time was simply romance; doctors feature themes of warm romance to preternatural fell in love in a medical drama while lawyers did fantasy and gripping crime thrillers, and are apparently in a legal drama. Bae Yong-joon, the lead actor in good enough to make international viewers overlook “Winter Sonata,” grew so popular in East Asia that the nuisance of subtitles. Many K-dramas have also he became the first Korean celebrity to be featured inspired remakes around the world, signaling even in the textbooks of Taiwan and Japan. His nickname grander prospects for the industry. “Yonsama” earned from his Japanese fans cemented his overwhelming popularity. A decade after “Autumn” 30 Experience Korea Experience was broadcast in Korea, the Chinese remake “Fall in Love (一不小心 上你)” came out in 2011. Another K-drama,爱 “I’m Sorry, I Love You” (2004), spurred a Chinese remake as a film and a Japanese one as a series. “Temptation to Go Home (回 家的誘惑),” the 2011 Chinese remake of the 2008 K-drama “Temptation of Wife” (2008), starred Korean actress Choo Ja-hyun as the lead in her China debut. -
Studio Dragon(253450.KQ)
Studio Dragon (253450.KQ) Growing into global titan Company Comment │Apr 29, 2019 Despite the absence of new tent-pole dramas in 1Q19, an improvement in the overall quality of Studio Dragon’s drama productions translated into strong overseas sales and higher ad rates for its captive channels. While the launch of multi-season dramas is to create a short-term cost burden, the move should Buy (maintain) benefit the firm over the mid/long term, backed by the expansion of the global OTT market. Given these positives, we continue to offer the play as TP W135,000 (maintain) our top pick for the content sector. CP (19/04/26) W89,900 Sector Entertainment Kospi/Kosdaq 2,179.31 / 741.00 Market cap (common) US$2,175.84mn Outstanding shares (common) 28.1mn Production capacity strengthening 52W high (’18/07/12) W119,800 The broadcasting of low-cost but high-margin productions (eg, romance dramas) low (’18/05/08) W79,600 usually concentrates in 1Q, as the quarter is a low season for TV ads. But, Average trading value (60D) US$12.42mn Dividend yield (2019E) 0.00% despite the absence new tent-pole dramas in 1Q19 (a factor that dampened the Foreign ownership 3.5% firm’s share price), we note that ad rates for Studio Dragon’s captive channels (such as tvN) increased, which implies that the company’s improved production Major Shareholders CJ ENM & 3 others 74.4% capacity has bolstered the competitiveness of its captive channels. Share perf 3M 6M 12M The firm’s improved production capacity is also translating into higher sales. -
Film Adventure 61P Back from the Beat | Butterfly 62P Omok Girl
Film 58p 59p The 12th Suspect | Goodbye Summer 60p Let Us Meet Now | Film Adventure 61p Back from the Beat | Butterfly 62p Omok Girl | Mensore 63p The Gateless Gate | The Way 64p The Road Called Life | Yobi, the Five Tailed Fox THE 12th SUSPECT 남산시인살인사건 GOODBYE SUMMER 굿바이 썸머 Film Mystery, Thriller│106mins│2019│KR (EN) Teen-Romance│73mins│2019│KR (EN) In the Era of Chaos, Encounter with the Bare Truth of History First Love Came in My Youth on a Summer Breeze In Late autumn of 1953, post-Korean war, the Oriental coffee house is 19-year-old Hyun-jae, who is terminally ill, hasn’t told his friends his located in a narrow alley of Myungdong, a shelter and hideout for artists. incurable illness. He confesses his love to Su-min who is his first love A military Counter intelligence Corps supervisor Gi-chae Kim enters the but she hesitates. To make it worse, his best friend Ji-hoon declares coffee house to investigate the murder of poet Du-hwan Bae k, a the end of friendship feeling the betrayal. Hyun-jae just wants to live regular customer of the coffee house. The sudden death of the poet with the flow but people say that he does not know what is important. leaves the customers in shock, and the more Gi-chae Kim investigates , the more the customers start to suspect one another. Director KO Myoung-sung Director PARK Ju-young Cast KIM Sang-kyung (<Memories of Murder>), HEO Cast JUNG Jae-won (<Show me the Money 4>) Sung-tae (<The Age of Shadows>), PARK Sun-young KIM Bo-ra (<Sky Castle>) (<Immortal Classic>) 59 LET US MEET NOW 우리 지금 만나 FILM ADVENTURE 영화로운 나날 Film Omnibus, Social Issue│86mins│2019│KR (EN) Romance, Comedy│86mins│2019│KR (EN) Longing for the Peaceful Reunification of Korea One Day Odyssey Takes You to the Most Beautiful Regret <Mr. -
Korea Morning Focus
July 22, 2019 Korea Morning Focus Company News & Analysis Major Indices Close Chg Chg (%) Shinhan Financial Group (055550/Buy/TP: W60,000) KOSPI 2,094.36 27.81 1.35 Key strength lies in business portfolio and risk management KOSPI 200 274.55 3.88 1.43 KOSDAQ 674.06 8.91 1.34 Sector News & Analysis Turnover ('000 shares, Wbn) Media (Overweight) Volume Value Both CJ ENM and Studio Dragon have sold off, but CJ ENM will be the first to KOSPI 386,118 4,198 KOSPI 200 85,703 2,956 rebound KOSDAQ 743,056 3,950 Market Cap (Wbn) Economy & Strategy Update Value BOK Monitor KOSPI 1,396,345 A timely rate cut; Additional rate cuts unlikely in the near future KOSDAQ 231,950 KOSPI Turnover (Wbn) Buy Sell Net Foreign 1,243 1,112 131 Institutional 1,169 831 338 Retail 1,719 2,183 -463 KOSDAQ Turnover (Wbn) Buy Sell Net Foreign 364 385 -21 Institutional 186 167 19 Retail 3,383 3,380 3 Program Buy / Sell (Wbn) Buy Sell Net KOSPI 1,099 876 224 KOSDAQ 324 352 -27 Advances & Declines Advances Declines Unchanged KOSPI 661 183 51 KOSDAQ 880 331 79 KOSPI Top 5 Most Active Stocks by Value (Wbn) Price (W) Chg (W) Value Samsung Electronics 46,800 700 373 Foosung 10,700 -450 286 KODEX Leverage 12,410 355 259 Hynix 76,800 2,100 200 KODEX 200 Futures 7,340 -225 178 Inverse 2X KOSDAQ Top 5 Most Active Stocks by Value (Wbn) Price (W) Chg (W) Value Kukil Paper 4,430 560 180 Dongjin Semichem 15,800 200 134 Soulbrain 66,000 -3,000 116 A-Jin Industry 3,310 -40 109 CMG Pharm. -
Travail Personnel Korean Entertainment
Travail Personnel Korean Entertainment Nom: Alves Chambel Prénom: Carolina Classe: 6G3 Tutrice: Amélie Mossiat 2019/2020 Introduction Hello, my name is Carolina and I am 14 years old. My 2019/2020 TRAPE is about Korean Entertainment! I have been into K-Pop for almost 3 years and I have always been researching lots of things about Korean celebrities, their activities and their TV shows. Since I was a child, I have always been very curious about the Asian culture, even though I thought they were gangster. As I grew up, I have become more and more connected to their culture. Then, at the end of 2016, I listened to my first K-Pop song ever. I was 10 years old and I was in primary school when I got to know EXO, the first group I listened to. They had a big impact in my life because in that moment I was struggling mentally and physically... The only thing that made me happy, was listening to their songs! They would make feel better in every way possible, once I listened to some music, I’d completely forget about my worries. It was always the best part of my days. That is why I have grown attached to K-Pop songs, dances and singers. Table of contents WHAT WERE THE MOST FAMOUS SERIES (KOREAN DRAMAS)? (2019) IS IT POPULAR IN OTHER COUNTRIES? WHO IS MY FAVOURITE ACTOR AND ACTRESS? ARE IDOLS ALSO ACTORS? WHAT GENRES OF DRAMAS ARE THERE? WHAT GENRE OF MUSIC DO THEY DO? WHAT ARE THE MOST FAMOUS GROUPS IN KOREA AND INTERNATIONALLY? WHAT ARE THE MOST FAMOUS SONGS? DO K-DRAMAS ALSO HAVE SONGS? What were the most famous series (Korean Dramas)? (2019) Since we are at the beginning of 2020, it would be better to make a list of the 10 most popular K- Dramas in 2019. -
Download Download
PROFESSIONAL VS NON-PROFESSIONAL TRANSLATION OF KOREAN TV DRAMAS Jessica Hall Abstract Can non-professional subtitles be a successful replacement for professional subtitles? The purpose of this study is to examine the differences in the English subtitles of Korean TV drama series between those written by paid translators for Netflix, and those by volunteer fansubbers for Rakuten Viki. This study will explore the main differences between the two styles of subtitling, the potential reasons for these differences, and the reception of both kinds of subtitles among audiences by reviewing opinions shared on online discussion forums such as Reddit and Viki Discussions. These forums will also be used to explore online public opinions about the ethics of Viki as a fansubbing platform and the implication of unpaid translation for the industry. Chapter 1: Introduction 1.1 Fansubbing Fansubbing, short for fan-subtitling, is a unique style of subtitling in which overseas media content is translated by untrained fans over the internet. Fansubbing began in the 1980s with the translation of Japanese anime into English by fan groups in the USA due to a lack of access to content, as well as a desire for a more source-oriented approach to its cultural aspects (Perego & Pacinotti, 2020). Due to these origins, fansubbing has been most often associated with Japanese anime. In 2006, Díaz-Cintas and Muñoz Sánchez defined fansubs as, “fan-produced, translated, subtitled version of a Japanese anime programme,” (2006:37). But as global interest and technology developed, the practice expanded to include other languages as well as other types of audiovisual content such as films, so that fansubbing now describes the unpaid creation of subtitles for films or TV series from or to any source or target language. -
Philippines US$28.7M Revenue in 2018, Accumulated Loss Tops $378M
9-22 September C NTENT 2019 www.contentasia.tv l www.contentasiasummit.com NBC orders Sky Castle pilot U.S. breakthrough for Korea’s JTBC U.S. network NBC has ordered a pilot based on Korean series Sky Castle from Korean network JTBC/Drama House and local indie production company HB Entertainment. A network spokesman in the U.S. said the pilot was in develop- ment under the auspices of Berlanti Pro- ductions in association with Warner Bros Television, and was not a series order. The full story is on page 2 Singapore’s Toggle ups short-form Flix Snip deal adds 29 titles, pushes domestic content barriers Nine-month old global short-form con- tent service, Flix Snip, has rolled out in Asia in partnership with Singapore’s Me- diacorp, streaming 29 international titles with themes that put Mediacorp among the country’s most progressive broad- casters. The full story is on page 3 ContentAsia Summit Thanks to our partner StarHub Ch 434 Who said what... NOW AVAILABLE & who was there FOR ALL ASIAN TERRITORIES! The 11th ContentAsia Summit wrapped at the end of August with one clear mes- sage: Life has never been better for Asian storytellers. Here’s some of what was said. There’s more in our Mipcom issue, out in gustoworldwidemedia.com gustotv.tv [email protected] early October. C NTENTASIA 9-22 September 2019 9-22 September 2019 Page 2. Page 2. NBC orders Sky Castle pilot U.S. breakthrough for Korea’s JTBC NBCUniversal has ordered a pilot based on Korean series Sky Castle from Korean network JTBC/Drama House and local in- die production company HB Entertainment. -
Free TV EBS I Can See Your Voice Korea 7, CJ ENM Educational Broadcasting System (EBS) Was Founded 1973 for Educational DMB/Mobile Channels
5-18 October C NTENT 2020 www.contentasia.tv l www.contentasiasummit.com ABS-CBN share price soars on ISSUE THREE / OCT 2020 comeback talk New deals with Zoe C NTENT Broadcasting, GSat Plus: Soundbites & more from Tried & True: Next steps & new Formats Outlook: the ContentAsia Summit; boost content reach ventures for Thailand’s True Thailand in-depth Japan ramps up Philippines’ ABS-CBN continues to recon- struct its business after the collapse of efforts to renew its broadcast franchise, adding an undisclosed slate of movies and entertainment programmes to Zoe Broadcasting Network’s newly rebrand- ed A2Z Channel 11 as well as a bouquet of linear channels to direct-broadcast satellite platform GSat. ABS-CBN share price soared from Ps7.06 to Ps10.58 on Monday after week- end speculation of a comeback for the Kapamilya channel. The corporation’s chief financial and compliance officer, Aldrin Cerrado, told the Philippine Stock Exchange in a sworn statement on Monday (5 Oct) – a day before the Zoe TV deal was announced this afternoon (6 Oct) – that the compa- ny “cannot categorically give a reason for the movement”. ABS-CBN’s free-TV broadcast network was forced off air in May this year after a failed franchise renewal application. The rest of the story is on page 2 1. Cover layout.indd 1 05/10/2020 15:08 q ContentAsia @ MIPCOM 2020 PLUS... Special edition out now! • CJ ENM HK strikes GoPlay movie deal • Who’s who in Korea • The Boys sweeps Thai demand • New My Little Pony heads for Asia Pac • HK preps for 1 Dec digital switch • Astro hits 100K 4K Ultrabox installs • Blue Ant, NBCUni renew www.contentasia.tv contentasia 5-18 october 2020 page 1. -
Growth Strategy
Investor Relations 2020 December 2020 Disclaimer This financial information in this document are consolidated earnings results based on K-IFRS. This document is provided for the convenience of investors only, before the external audit on our 3Q 2020 financial results is completed. The audit outcomes may cause some parts of this document to change. In addition, this document contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, “forward-looking statements” often address our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks” or “will”. Our actual results to be materially different from those expressed in this document due to uncertainties. Investor Relations 2020 TABLE OF CONTENTS I Studio Dragon at a Glance II 3Q 2020 Earnings Release III Growth Strategy Appendix I Studio Dragon at a Glance 1. Highlights 2. Comprehensive Studio 3. Studio Dragon at a Glance 4. Studio Centered Industry Change 5. No.1 Studio in Korea We Create New Culture 1 Highlights (1) (1) (1) (2) PRODUCTION REVENUE GROWTH OVERSEAS REVENUE CREATORS 28titles 23% 34% 230People +4.1%P +45.5% +51.4% +72People +42Titles 46.8 230 166 160.4 14.4 42.7 124 110.2 158 9.5 2018 2019 2018 2019 2018 2019 2018 3Q20 2018 3Q20 Sales Proportion Overseas Revenue Non-captive Revenue No. of Creators Library Sales (%) (Wbn) (Wbn) (people) (titles) Note (1) As of 2019, (2) As of 3Q 2020 5 | Investor Relations 2020 – I. Studio Dragon at a Glance We Create New Culture I.2 Comprehensive Studio 6 | Investor Relations 2020 – I. -
Revenue Operating Profit Net Profit
Investor Relations 2019 Shinhan Investment US NDR, August 2019 Disclaimer This financial information in this document are consolidated earnings results based on K-IFRS. This document is provided for the convenience of investors only, before the external audit on our 2Q 2019 financial results is completed. The audit outcomes may cause some parts of this document to change. In addition, this document contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, “forward-looking statements” often address our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks” or “will”. Our actual results to be materially different from those expressed in this document due to uncertainties. Investor Relations 2019 TABLE OF CONTENTS I Studio Dragon at a Glance II 2Q 2019 Earnings Release III Growth Strategy Appendix I Studio Dragon at a Glance 1. Highlights 2. Comprehensive Studio 3. Studio Dragon at a Glance 4. Studio Centered Industry Change 5. No.1 Studio in Korea We Create New Culture 1 Highlights (1) (1) (1) (2) DOMESTIC M/S REVENUE GROWTH INTL. REVENUE CREATORS 27% 32% 29% 183People +4Titles +64.1% +16.0% +11.9% +1.6%p 110.2 26 51.8 40.1 5.0 35.9 44.7 22 67.2 3.4 2017 2018 2017 2018 2017 2018 2017 2018 2017 2018 Production Trend International Revenue Domestic VOD Payment to Creators Viewer Rating (3) (Titles) (Wbn) (Wbn) (Wbn) (%) Note (1) As of 2018, (2) As of 2Q 2019, (3) Refers to household average viewer ratings; Excludes Olive’s series <Dear My Room> 5 | Investor Relations 2019 – I. -
Studio Dragon Buy (253450 KQ) (Maintain)
[Korea] Media Studio Dragon Buy (253450 KQ) (Maintain) Key player in the multi-OTT era TP: W107,000 Upside: 19.3% Mirae Asset Daewoo Co., Ltd. Jeong-yeob Park [email protected] 2Q20 review: Improved Revenue of W161.4bn (+25.9% YoY) and OP of W16.9bn (+56.3% YoY), in line with estimates fundamentals Record-high revenue: Despite fewer programming slots on captive channels, Studio Dragon benefited from the strong performance of The King: Eternal Monarch (across programming, licensing, and other sales). Robust licensing sales (W75.7bn; +25.5%): Increase in selling prices of titles broadcast simultaneously; brisk sales of older titles (Goblin and My Mister) Other revenue expanded to W20.3bn (+107.1%), driven by sold-out product placements and strong original music sales for The King: Eternal Monarch. Despite conservative recognition of production costs, profitability improved thanks to revenue expansion and robust licensing sales. Key player in the multi-OTT era Growing popularity of K-dramas and new entrants in the global OTT market K-dramas represent a high proportion of the most-viewed titles in many Asian countries. Korea has the second highest share in Netflix’s (NFLX US/CP: US$502.11) top 50 titles (average no. of titles in the top 50: 22 for the US, eight for Korea, four for Colombia, and two each for Spain/Japan). The popularity of K-dramas is spreading geographically, irrespective of the domestic TV ratings of individual titles. Meanwhile, Disney+ has secured 60.5mn subscribers, achieving its target (60-90mn subscribers by 2024) ahead of schedule. -
Studio Dragon (253450)
Studio Dragon (253450) Too Much Riding on “Arthdal Chronicles” Danny Lee Analyst Jeonghoon Son RA Internet, Game, Media, Leisure 82-2-6114-2910 May 29, 2019 82-2-6114-2960 [email protected] [email protected] Cut target price to KRW100,000 We maintain our BUY rating on Studio Dragon, but cut the target price to KRW100,000, while reiterating BUY rating which was derived by applying a 2020 fair PER of 36x. We trimmed the target price, because we lowered our estimates for Studio Dragon’s 2019-20 NP attributable to parent by 19.2% and 17.2%, respectively, after cutting our estimates of revenues and profits from “Arthdal Chronicles” and China-related projects. That said, we maintain a positive stance on Studio Dragon, considering: 1) the upcoming airing of “Arthdal Chronicles,” the most anticipated drama this year and 2) drastic share price pullbacks seen recently. Analysis of factors behind recent Studio Dragon’s stock price has declined 19.3% since May, burdened by: 1) concerns share price freefall over production costs rises for “Arthdal Chronicles” and the potential for the drama’s sluggish profitability and 2) likely delays in content exports to China and joint projects with Chinese production studios. 1) Concerns over “Arthdal Chronicles” We believe market jitters over the profit margin of “Arthdal Chronicles” are overblown. production cost rises seem excessive In fact, Studio Dragon has maintained profitability even from the stage of drama planning while eyeing advertisements, PPL, and content sales. “Arthdal Chronicles” is expected to suffer only minuscule losses or break even, considering KRW50-55bn in production costs, revenues from ads (KRW18bn estimated, KRW1bn per episode) and sales to Netflix (estimated at KRW30-35bn).