Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
In a counter to circulating rumors, Disney Plus has confirmed its commitment to the South Korean market, even amidst ongoing corporate restructuring and content reduction plans. Kim So Yeon, Walt Disney Company Korea’s CEO, assures that their investment and content production plans remain unshaken.
Likewise, Disney Plus confirmed that its investment in South Korea is not affected by the ongoing large-scale restructuring across the company. Kim So Yeon, Walt Disney Company Korea’s chief executive officer, spoke to local publications to share the company’s position in its business in the country.
“There are no changes in our plans for investing in Korean original content,” the Walt Disney CEO said in an interview with Maeil Business Newspaper. “There is no reason for production to halt or withdraw.”
She added, “In fact, amid large-scale restructuring and content reduction announcements from the headquarters, our investment and content production plans for Korea remain unchanged, and this demonstrates our unwavering dedication.”
As per Maiel Economy, Kim commented at a time when rumors about Disney Plus’ plans to halt its drama productions in the country started circulating. It was mentioned that the talks emerged due to various reports that Walt Disney was experiencing financial difficulties on top of internal disorganization.
The mass media firm just underwent restructuring where around 7,000 workers were laid off around the globe. These job cuts eliminated 3.2% of the company’s total workforce. Disney Plus’ first-quarter financial report also revealed a four million loss of subscribers. Thus, the Korean business is concerned that Disney’s investments in the country will be cut or put on hold.
Meanwhile, The Hollywood Reporter reported that Disney+ is set to launch over 20 original Asian content in the second half of this year. The lineup’s highlight includes a new documentary of the phenomenal South Korean boy group - BTS and some Korean crime thrillers.
Photo by: Mika Baumeister/Unsplash
