Ghost Studio’s Profits Surge as ‘You Killed’ Dominates Netflix & Stablecoin Casino Business Thrives
Seoul, South Korea – Ghost Studio is experiencing a dramatic upswing in fortunes, fueled by the global success of its first Netflix original series, ‘You Killed,’ a strengthening gaming sector, and a bold move into the burgeoning world of stablecoin-based online casinos. This breaking news is sending ripples through the Korean entertainment and tech industries, particularly as the government seeks to address the ‘Korea Discount’ and encourage shareholder returns.
‘You Killed’ Becomes a Global Phenomenon
Just three days after its release, ‘You Killed’ landed at number 8 in Netflix’s non-English TV category, quickly ascending to the top spot in its second week with a staggering 7.8 million hours of viewing time. Good Data Corporation’s Fundex confirms this success, ranking the drama as the most talked-about TV/OTT series in Korea during the second week of November. This isn’t just a win for Ghost Studio; it’s a significant moment for Korean content on the global stage, demonstrating the increasing appetite for diverse storytelling.
Financial Performance: A 36% Jump in Operating Profit
Ghost Studio’s third-quarter 2025 consolidated results reveal a robust performance, with sales reaching 20.9 billion won and operating profit climbing to 4.3 billion won. This represents a 4.1% increase in sales and a remarkable 36.1% jump in operating profit compared to the same period last year. The company attributes this growth to the strong performance of its gaming and webtoon businesses, which continue to expand their reach, particularly in key overseas markets like North America, Europe, and Australia.
The Won’s Weakness: A Fortuitous Tailwind
Beyond content success, Ghost Studio is benefiting from macroeconomic factors. The recent weakening of the Korean won against the US dollar – exceeding 1,400 won per dollar – is generating significant foreign exchange gains. “Most of our game sales are generated overseas, so the high exchange rate is having a positive effect,” a Ghost Studio official stated. This highlights a crucial aspect of international business: currency fluctuations can dramatically impact profitability. For companies like Ghost Studio with a substantial overseas revenue stream, a weaker won translates directly into higher reported earnings.
Addressing the ‘Korea Discount’ & Shareholder Value
Investors are keenly observing Ghost Studio’s dividend policy as the Korean government actively works to resolve the ‘Korea Discount’ – the tendency for Korean companies to be undervalued compared to their global peers. Ghost Studio has a long-standing commitment to returning value to shareholders, maintaining a policy of distributing over 40% of net profit as cash dividends since 2019. This commitment, coupled with the influx of repatriated earnings boosted by the favorable exchange rate, positions Ghost Studio as an attractive investment.
Me2On & the Rise of Stablecoin Casinos
Adding another layer to this growth story is Ghost Studio’s parent company, Me2On, and its foray into the stablecoin-based online casino market. Through its 100% subsidiary, ACE GAMING, operating out of Costa Rica, Me2On runs ‘ACE Casino,’ a globally licensed platform supporting major stablecoins like USDC and USDT. Servicing over 180 countries, ACE Casino is capitalizing on the increasing global adoption of stablecoins – cryptocurrencies pegged to a stable asset like the US dollar – offering a secure and efficient payment method. The platform’s proactive entry into this space has earned Me2On recognition as a leader in the emerging stablecoin industry, especially with recent government announcements signaling a policy shift towards revitalizing stablecoin usage.
Looking Ahead: Continued Growth & Content Focus
Ghost Studio anticipates continued positive momentum. Officials predict that sales from ‘You Killed’ will further bolster performance, and they remain optimistic about the ongoing success of their gaming and webtoon divisions. “We are focusing on the competitiveness of the content and service itself,” a Ghost Studio representative emphasized, underscoring the company’s commitment to quality and innovation. This strategic focus, combined with favorable market conditions and a diversified business model, positions Ghost Studio for sustained growth in the dynamic entertainment and technology landscape.
The convergence of compelling content, strategic financial management, and a forward-thinking approach to emerging technologies like stablecoins makes Ghost Studio a company to watch. For investors and industry observers alike, the story of Ghost Studio is a compelling example of how Korean companies are adapting and thriving in the global market. Stay tuned to archyde.com for further updates on this developing story and in-depth analysis of the Korean tech and entertainment sectors.