{
  "id": 6242678,
  "title": "Korean content companies look beyond box office to IP rights",
  "url": "https://urgent.news/2026/09/08/korean-content-companies-look-beyond-box-office-to-ip-rights-6242678",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-08T06:02:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/entertainment/films/20260908/korean-content-companies-look-beyond-box-office-to-ip-rights"
  },
  "original_language": "en",
  "account": null,
  "summary": "Korean content companies are exploring new revenue streams beyond traditional box office earnings by securing intellectual property (IP) rights in secondary markets. The case of Miracle in Cell No. 7, a 2013 hit film, exemplifies this trend. After garnering over 12 million viewers, the film's rights holder, NEW, announced plans to remake a sequel for the Philippine market. This marks a first, as rights to a sequel originally created outside Korea have been resold to a third country. The deal allows NEW to collect additional royalties without the need to produce or write the sequel in Korea. Miracle in Cell No. 7 has already been remade in Indonesia, Turkey, and the Philippines, with the Philippine version earning more than 1.1 billion won ($8.2 million) at the local box office in 2019. Lee Jung-ha, head of NEW's subsidiary Content Panda, hailed the movie as a \"massive cash cow.\"",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Korean content companies look beyond box office to IP rights",
        "url": "https://urgent.news/2026/09/08/korean-content-companies-look-beyond-box-office-to-ip-rights",
        "published": "2026-09-08T05:12:04.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}