”The appearance fee per EP is 30 million yen, resulting in a deficit of several billion yen”... Lee Min-ho and Kong Hyo-jin's ”Because the Stars are Rumored” has a falling viewership rating

"We made our own TV series, but the losses just piled up?" CJ is stuck in a deficit
ENM's online video platform (OTT) TVING ended up being the first to broadcast terrestrial
Even TV series have started to be in demand. They have been continuously presenting their own TV series, but even though they have paid hundreds of millions of won (tens of millions of yen) in acting fees and invested in production costs, the success rate is not high.
A typical example is the recent struggles of the CJ ENM tvNTV series "Because the Stars Are Rumored," which had a production budget of 50 billion won (approximately 5 billion yen).
There are even analyses that CJ may reduce the number of episodes of its own TV series, including the drama "The Strangers," which will start on February 5th.
It was announced that the KBS 2TV Wed-ThuTV series "Kikikiki (Kusukusu)" will be released on OTT TVING.
TVING will also be providing the show. In the future, the show will be broadcast on TVING.
TVING is also looking to expand its terrestrial content supply and demand, as it is looking to expand its own content to other online services such as Netflix.
This is likely due to the judgment that there is a limit to how much they can handle the TT market. In fact, TVING has been struggling to get out of the red despite continuing to produce original content.
The performance fee for a leading actor per episode has gone from 100 million won (approximately 10 million yen) to 300-400 million won (approximately 30-40 million yen) in recent years, and production costs have been
The skyrocketing prices also had an impact. Compared to the tens of billions of won (several billion yen) in production costs, the results of original content are small. CJ ENM, which has poured 50 billion won into production costs,
tvN's "Because the Stars are Rumored" recorded the lowest viewer rating of 1-2% among all TV series aired in the same time slot.
The competition is expected to become even more intense as Netflix has also expanded its supply and demand for terrestrial content.
ix recently partnered with SBS to make its flagship shows available on Netflix.