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Posted by Yaki-Jones Monday, January 2, 2023

Song Hye Kyo's 'The Glory' succeeds but not its production company

AKP STAFF

The stock price of the production company fell despite the success of Song Hye Kyo's 'The Glory'. 

On January 2nd, Song Hye Kyo's 'The Glory' was ranked #6 worldwide on Netflix but Studio Dragon's stock fell for three days in a row. Studio Dragon's subordinate company produced 'The Glory'. Analysts say the market is more sensitively responding to China's ban on Korean culture than individual projects' success. 

Previously, Studio Dragon's stock rose over 10% in hopes of China lifting its ban on Korean content. But experts say investors should approach China's momentum conservatively. One insider commented, "You have to assume the ban is still in effect until you see Chinese broadcast station airs Korean content." 


Meanwhile, Song Hye Kyo's 'The Glory' has been a hit since its release as it is currently ranked at #6 worldwide in Netflix TV shows category and was ranked at #5 worldwide on January 1st according to FlixPatrol. 'The Glory' was released on December 30th. 

  1. Song Hye Kyo
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Brutally-honest
Brutally-honest-2,016 pts Monday, January 2, 2023 2
Monday, January 2, 2023

[+] This user has a poor community rating, click here to read this comment.

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PeterS
PeterS-492 pts Monday, January 2, 2023 0
Monday, January 2, 2023

Why write these kind of stupid articles? I mean the anti-Chinese backlash in S. Korea after all the "cultural" stealing they tried to do over the year(s) is enough to turn S. Korea permanently OFF to the CCP (Chinese Communist Party). Who the fuck cares if China blocks Korean content anymore? I think at this point S. Korean are happy to be where they are WITHOUT Chinese involvement whatsoever.

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