JYP Entertainment Shares Jump 6.8% on Unverified Takeover Claim as Regulator Warns
Two little-known groups say they plan to bid for up to half of the Stray Kids label. JYP says no valid proposal arrived, and Korea's watchdog is monitoring trading.
Culture
K-Pop
- Film
China's 2026 Box Office Tops 31.5 Billion Yuan as Post-Holiday October Lull Sets In
Ticket sales added only about half a billion yuan in the two weeks after National Day, leaving cinemas and Maoyan leaning on year-end releases.
- Music
Universal Music Revenue Rises 11.7% as Mrs. Green Apple and Stray Kids Lead Top Sellers
Physical sales rose 17.4% with Japan among the drivers, and the stock jumped 7.9% after subscription growth beat forecasts.
- Arts
Hong Kong's M+ Joins MoMA and Centre Pompidou in Alliance to Share Collections
The three museums will share their collections, starting with M+ loans to New York in late 2027, as Hong Kong's museum turns five.
- Film
Toho First-Half Profit Falls 40% as Studio Bets on Global Godzilla Minus Zero Release
Japan's biggest film studio opens its new Godzilla in about 80 countries through its own distribution arms after last year's hits faded.
- Art Market
Art Basel and UBS Survey: 53% of Wealthy Mainland China Collectors Surveyed Plan Art Buys
Singapore and Brazil follow, while Hong Kong lags at 32% with the highest uncertainty, in a survey of 3,100 high-net-worth collectors across 10 markets.
- Arts
M+ Leans on Merchandise as West Kowloon Arts Hub Deficit Hits HK$998 Million
The museum's chairman says creative products will drive income, with the arts hub's HK$21.6 billion endowment set to run out by 2026/27.
- Film
CJ ENM Quarterly Profit Rises 25.5% to 22.1 Billion Won as Drama Margins Improve
The Korean studio and streaming group sold fewer dramas but earned more on each one, while Tving slipped back into a quarterly loss.
- Anime
Japan's Anime Market Hits Record 4.45 Trillion Yen as Overseas Sales Jump 17.2%
Foreign fans now supply 57% of the industry's revenue, and studios are taking a bigger cut of overseas money, an industry survey shows.
- Entertainment
HYBE Posts Record 188.5 Billion Won Profit as SM Entertainment Revenue Falls 9.5%
The BTS world tour doubled HYBE's sales to 1.53 trillion won, while SM's album sales collapsed by about 70% and a stronger won hit both labels' bottom lines.
- Gaming
Nintendo Operating Profit Jumps 49% to 216.5 Billion Yen as Switch 2 Sales Drop 37%
Software, digital sales and a U.S. tariff refund lifted margins, but the Kyoto company still needs about 10 million consoles in six months to hit its target.
- Gaming
Sony PlayStation Profit Jumps 83% to 220.1 Billion Yen as Software Offsets PS5 Slowdown
Games and network services carried Sony to record first-half results and a higher full-year forecast, even as console shipments fell to 2.6 million units.
- Sports BusinessAnalysis
Macau Grand Prix Approaches Nov. 19 Start With Casino Sponsorship Cut 16.7% to MOP100 Million
Melco and Wynn halved their pledges for the 73rd edition, returning operator support to its 2024 level as Macau leans on events to fill hotel rooms.
