Latest news with #AEMA
Business Upturn
5 days ago
- Business
- Business Upturn
K Wave Media ('KWM') Announces Premiere Lineup for the remaining months of 2025, Accelerating Global Monetization Across Content, IP, Distribution, and Fandom Ecosystems
NEW YORK and SEOUL, Korea, Aug. 13, 2025 (GLOBE NEWSWIRE) — Nasdaq-listed K Wave Media (KWM) has announced its 2025 second-half premiere lineup, showcasing both its achievements in core content production and its strategy to expand a global revenue model centered on intellectual property (IP). In the first half of this year, the company achieved significant milestones with Trigger , which ranked No. 1 in Netflix's global opening rankings; Mary Kills People , which reached No. 1 in domestic TV buzz rankings immediately after airing on MBC; and AEMA , set for worldwide release in 190 countries on August 18. The upcoming second half will see the release of large-scale projects across various genres and platforms, including If We Were , Project Shin Sajang , and The Season of You and Me . Notably, KWM has invested as a major backer in No Choice , a film directed by Park Chan-wook and starring Lee Byung-hun, which is slated for release in September, drawing attention from global movie fans and investors alike. KWM is focusing on diversifying revenue streams by expanding IP-based businesses beyond the traditional advertising and broadcasting revenue structure of the drama industry. Leveraging the worlds and characters of each work, the company is building a long-term cash flow model through merchandise (MD), NFTs, fan token issuance, and localized products for overseas markets. On the distribution side, KWM plans to utilize its global shareholder network and platform partnerships to execute the entire production-to-distribution-to-monetization process on a global scale. This approach aims to go beyond simple licensing exports, maximizing revenue across multiple channels including OTT, theaters, streaming platforms, and merchandise sales. The company is also developing fusion long-form content combining K-POP, K-Drama, and K-Movie. These works will integrate music organically into the narrative, be distributed globally via Netflix, and generate secondary revenue through OST streaming, album sales, concerts, and fan merchandise. This strategy expands the fandom business ecosystem from mere viewing to active fan ownership, participation, and consumption. In particular, on August 14, a congratulatory advertisement marking K Wave Media's listing will be broadcast on the Nasdaq Tower in New York's Times Square. The event will feature video messages from world-renowned Korean filmmakers Bong Joon-ho and Park Chan-wook, as well as actor Lee Byung-hun, highlighting KWM's brand vision and global ambitions to investors and fans worldwide. A KWM representative commented, 'Our second-half lineup is designed to target both global audiences and fandoms across genres, platforms, and markets. We aim to organically integrate content, IP, distribution, and fandom, creating a next-generation global media-tech financial platform where a single work generates multi-layered revenue streams.' About K-Wave Media (NASDAQ: KWM) K Wave Media is a global content, entertainment, and Bitcoin treasury conglomerate listed on the Nasdaq. Formed through the integration of top-tier content investors, production studios, and merchandising firms, KWM spans the full value chain of IP development, media production, distribution, and monetization. With a strong focus on creator empowerment and blockchain integration, KWM delivers unique customer experiences to a global audience. The company is redefining the intersection of entertainment, technology, and finance by building an ecosystem that supports decentralized ownership, real-time creator monetization, and crypto-native engagement. K Wave Media is pioneering a Bitcoin-backed corporate treasury model while leveraging the global influence of Korean entertainment. Through strategic capital allocation into Bitcoin, original content, and consumer brands, KWM is redefining what a culturally driven, investor-aligned public company can be. Forward-Looking Statements: This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. The Company's actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including market conditions, regulatory developments, and the Company's ability to successfully integrate the acquired business. The reports filed by the Company with the Securities and Exchange Commission discuss these and other important factors and risks that may affect the Company's business, results of operations and financial conditions. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Media Contact: Evan Sneider: [email protected] Investor Relations: [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
CBC
01-06-2025
- Climate
- CBC
Wildfires have forced 4,500 Albertans from home as of Sunday: AEMA
Social Sharing Several thousand Albertans are evacuated from their homes due to out-of-control wildfires, according to the Alberta Emergency Management Agency (AEMA). As of 1 p.m. MT Sunday, 52 total wildfires are burning throughout the province, about half of which are deemed out of control, according to the Alberta Wildfire dashboard. Fires triggered eight evacuation orders combined for various communities, according to the Alberta government's website. According to a spokesperson for AEMA, which leads and oversees all emergency and disaster response, there were 4,500 wildfire evacuees provincewide as of Sunday morning. Multiple evacuation advisories have also been issued due to wildfires, warning people they have to be prepared to evacuate within a few hours' notice. Smoke causing poor air quality in northern Alberta Wildfire smoke triggered the national weather agency to issue air quality warning for northeastern Alberta Sunday morning. Environment and Climate Change Canada (ECCC) issued air quality statements for many northern parts of the province. But people living in the northeast quadrant, from the Wood Buffalo region south to the St. Paul area, are at an elevated risk. Multiple out-of-control wildfires are burning in that stretch of Alberta, including the group that makes up the Red Earth East complex and a large fire southeast of Conklin, a hamlet within the regional municipality of Wood Buffalo that's about 280 kilometres northeast of Edmonton. The complex forced the Municipal District of Opportunity No. 17 to issue an evacuation order for people living in Red Earth Creek, a hamlet about 350 kilometres northwest of Edmonton. The ECCC warnings state smoke is causing "very poor" air quality and reduced visibility. It's possible some places may see conditions improved, but heavy smoke is expected through the weekend. The ECCC air quality health index, which measures how safe the air is to breathe, predicts high to very high risk air in northeastern Alberta communities, like Fort McMurray, through Sunday, but it is expected to improve Monday. In Cold Lake, however, a city about 240 kilometres northeast of Edmonton near the Alberta-Saskatchewan border, the air quality is forecast to carry a high risk through Monday at least, the index suggests. The agency's warnings say people should limit their time outdoors, including rescheduling our cancelling sports and other events. It also says people should be wary of smoke inhalation symptoms, such as headaches, irritation in the eyes, nose or throat, and wheezing and chest pains.
Business Standard
25-04-2025
- Business
- Business Standard
Powering India's Maritime Excellence by Capt Bjorn Hojgaard
PNN Kolkata (West Bengal) [India], April 25: India is a global leader in maritime manpower, with Indian seafarers making up nearly 10% of the world's maritime workforce. Anglo-Eastern, the largest third-party ship management company with 750+ vessels under technical management and around 500 more under crew management, has consistently invested in India's maritime talent, training, and infrastructure. With over 39,000 seafarers across 65+ nationalities, Anglo-Eastern boasts a commanding Indian presence--52% of its seafarers are Indian, with Indian officers constituting 94% of its tanker fleet's senior officers. This core segment of our workforce is built on a foundation of rigorous training, high ethical standards, and a strong focus on upskilling for the future. Anglo-Eastern's commitment to India is evident through its award-winning Anglo-Eastern Maritime Academy (AEMA) and two of its four global training centres, including its flagship in Mumbai. These institutions are equipped with state-of-the-art simulators, workshops, and dual-fuel handling facilities, preparing more than 2,000 cadets annually to meet the demands of a rapidly evolving maritime sector. Recognising the rise in complex vessel technologies and new fuel types, Anglo-Eastern has proactively developed infrastructure to train seafarers on dual-fuel engines and bunkering - with the most recent deployment being the world's first LNG/ammonia bunkering station skid that was unveiled at AEMA in February this year. Future-proofing the skills of our seafarers ensures continued relevance, also positioning Anglo-Eastern as a leader in sustainability and innovation within ship management. The company's Fleet Performance Centre (AEFPC) in Mumbai, operational since 2021, exemplifies its push toward digital transformation. In 2024 alone, AEFPC monitored over 16,500 voyages, resulting in a 63,000 MT reduction in fuel use and 189,000 MT less CO2 emissions--a testament to how data-driven insights can drive environmental performance and operational efficiency. Anglo-Eastern's success is also rooted in its people-first approach. With an in-house Career Care Programme, the company ensures seafarers receive continuous guidance on promotions, vessel transitions, and shore-based career opportunities. Over 70% of Anglo-Eastern's seafarers are promoted internally, supported by a robust training pipeline and a commitment to long-term career development. Moreover, the company's WeCare initiative, one of the largest seafarer well-being programmes globally--touches the lives of over 32,000 seafarers and their families annually, reinforcing Anglo-Eastern's belief that a healthy crew is essential to a healthy fleet. Alongside its achievements, Anglo-Eastern acknowledges the challenges that exist in ensuring a growing supply of seafarers that are future-ready. The company advocates for more simulator-based training, updating of curriculums to reflect modern vessel operations, and streamlining of certification processes. It also calls for collective action across the industry and governments to build a safer, smarter maritime workforce. To aspiring seafarers, Anglo-Eastern offers a compelling message: with the right training, passion, and integrity, a rewarding global career awaits. As Anglo-Eastern continues to shape a better maritime future, it remains committed to nurturing its people and associated communities alongside an unwavering commitment to India and its seafarers. The author of this article is the CEO of Hong Kong-headquartered shipping conglomerate, Anglo-Eastern Group - one of the largest employers of merchant navy officers of Indian nationality
