(Photo=CJ ENM) Korean entertainment has spent years building a global audience through music, television and film. Now one of South Korea’s biggest media companies is trying to turn that cultural momentum into a broader distribution business across Europe. CJ ENM, a major South Korean entertainment and media company with businesses spanning television, film, music and content distribution, is expanding in

Photo=Coupang South Korea’s latest data-breach dispute is putting a potentially multibillion-dollar price tag on consumer privacy, a development that could matter to U.S. e-commerce, technology and cybersecurity companies operating in markets with increasingly aggressive data-protection rules. Coupang has rejected a proposed compensation plan that could have exposed the company to about $2.7 billion in payouts, keeping uncertainty over its ultimate

Photo=Motionelements South Korea’s obesity-drug market is moving toward a three-way battle that could put new pressure on pricing and market share. For U.S. pharmaceutical companies and investors tracking the global GLP-1 market, the potential arrival of a lower-cost Korean treatment could offer a glimpse of how local competitors may challenge established drugs such as Wegovy and Mounjaro. Hanmi Pharmaceutical is

Photo=Motionelements South Korea’s expanding creator economy is opening new opportunities for global media, advertising and digital-content companies, but the growth is exposing a sharp divide within the country’s creative industries. Income for traditional writers, painters and related artists has fallen even as the number of digital creators—and the money flowing through the sector—has surged. For U.S. media companies, streaming platforms,

Photo=Motionelements South Korea’s rapid recovery in live entertainment is creating a new consideration for U.S. concert promoters, entertainment companies and investors: tax compliance. As international artists return to the country in growing numbers, South Korean authorities are stepping up efforts to track payments to foreign performers and recover taxes that may have gone unreported. The National Tax Service collected 55.63