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Netflix Posts $12.56 Billion in Q2 as 'Season 2 Slump' Sounds a Growth Alarm — and K-Content Offers Hope
Netflix posted Q2 2026 revenue of $12.56B and net income of $3.4B but shares fell nearly 9% after it guided Q3 growth to just 11.7%, as a "season two slump" stoked slowdown fears, even as Korean content reaffirmed its central role in Netflix's non-English strategy
FCC Moves to Scrap the 85-Year-Old 39% Ownership Cap — and the Industrial Language Missing From Korea's Broadcast Debate
The U.S. FCC will vote August 6 to scrap the 85-year-old 39% national broadcast ownership cap and replace it with case-by-case public-interest review while in Korea, top media group Joongang defaulted on JTBC's 20.6 billion-won debt amid regulation debate stuck not industry logic.
Record Revenue Amid a 75% Traffic Collapse: Newsweek's Second Transformation
While web traffic collapsed 75% — from 100 million to 23 million monthly readers — Newsweek is on track to cross $100 million in annual revenue for the first time in its 93-year history, completing its "Second Transformation" away from search-driven programmatic ads and toward AdPrime, Nexus
Where Did the Game We All Watched Together, for Free, Go?
As sports shifts from free-and-shared to paid-and-scattered, fans pay more and universal access frays — from U.S. rights fragmentation to JTBC's Olympic monopoly.
George Lucas Embraces AI: The Director Who Keeps Inventing His Way Forward
George Lucas, 81, calls AI an irreversible next step for filmmaking and says there is nothing to be done to stop it — the long-held conviction of a director who has always built his own tools.
Paramount–Warner Deal Faces a Legal Countdown as States and Writers Move to Block It
The WGA and 12 U.S. states are seeking to block the Paramount–Warner merger, making a preliminary injunction and the Sept. 30 deadline decisive tests for the $110 billion deal.
12 States Sue to Block $111 Billion Paramount–Warner Bros. Merger
The combined studio would control more than 85% of wide-release films, the states argue — while Paramount counters that 24 jurisdictions have cleared the deal and that a delay only helps Big Tech.
The Wellness Wars: Newsrooms Chase a $2 Trillion Health Boom
Legacy media players CNN and The New York Times are racing into the $2 trillion wellness market as their next subscription growth engine, but to win over younger audiences who already get health information from influencers, they'll have to bet on creator partnerships
Hollywood Bets on Fandom: What the Letterboxd Auction Asks of Korea's Broadcasters
Letterboxd, a 30-million-member cinephile community that produces no content of its own, has drawn Netflix, Sony and Paramount into a $250 million bidding contest — a sign that fandom data now trades as an asset, and a question aimed at Korean broadcasters
Sony's Pivot to an 'IP and Technology Company' — A Benchmark for Korea's Content Industry
Sony is remaking itself into an "IP and technology company" that monetizes a single IP across vertical fandom (Crunchyroll), immersive venues (Cosm), and fan-data communities (Letterboxd) without a general streaming platform — a benchmark for Korea's platform-dependent content industry.
One World Cup, Two Report Cards: Telemundo Goes Mainstream While Korea's Rights Holder Defaults
Telemundo turned record World Cup audiences into mainstream growth, while Korea’s JTBC fell into financial crisis—proving that sports rights create value only when backed by strong monetization infrastructure.
Reels Crosses a $50 Billion Run Rate — and Instagram's Next Stage Is the Living-Room TV
Instagram Reels, which launched as a TikTok knockoff, has in just five years grown into the world's most profitable video business at a $50 billion annual revenue run-rate—and now, riding the No.1 growth rate in Morgan Stanley's survey and HBO Max-level usage,