Search results for Walt Disney Company
AI & Enterprise
OpenAI to end Sora video-generating app in March 2026 as daily losses reach 1.5 billion won
OpenAI has decided to end its video-generating app Sora in March 2026, drawing attention to why it is shutting it down. An online media outlet cited a Wall Street Journal report saying Sora was pushed down the priority list after failing to generate clear revenue despite high operating costs. User numbers fell from about 1 million to below 500,000, and daily losses were reported at about $1 million, or 1.5 billion won.
Games & Commerce
Webtoon Entertainment appoints Kim Yong-soo as president, overhauls leadership structure
Webtoon Entertainment is overhauling its leadership structure to support growth and speed up innovation in global markets. The company said it appointed Chief Strategy Officer Kim Yong-soo as president and an inside director. It said Kim played a key role in strengthening financial soundness and a successful IPO and led major changes to drive growth in its U.S. business. CEO Kim Jun-koo will focus on fundamentals and long-term direction.
Industry
Tada runs partnership promotion for Disney and Pixar film \'Hoppers\'
Mobility platform Tada is partnering with Disney and Pixar to promote the new film \'Hoppers\'. Operator VCNC said on Feb. 19 it will run the promotion with Walt Disney Company Korea for the film, scheduled to open on March 4. Tada will operate \'Hoppers\'-branded vehicles through March 18, featuring interior and exterior designs reflecting the film’s universe. Passengers can join an event using scratch coupons, with prizes including tickets and ride coupons.