Joo Ji-hoon's stock also laughed at the popularity of Netple's second-largest severe trauma center...the company's stock price skyrocket
Feb 02, 2025
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According to the Korea Exchange on the 1st, Blitzway's stock price soared 25% in early trading to 2,000 won the previous day. The closing price was 1,612 won, up 0.75 percent from the previous trading day, but the trading volume surged more than 20 times, proving the investment fever.
Blitzway is an entertainment agency that includes top actors such as Joo Ji-hoon, Chun Woo-hee, Jeong Ryeo-won, Ko Doo-sim, and Park Ha-sun. It is analyzed that the buying trend was driven by the global sensation of the 「Severe Trauma Center" starring Joo Ji-hoon.
In fact, Blitzway's stock price soared even when 'Love on a Single Tree Bridge' starring Joo Ji-hoon became popular last year. The drama was produced by Blitzway Productions, a subsidiary of Blitzway, and created greater synergy.
According to FlickPatrol, an OTT ranking analysis site, 'Severe Trauma Center' ranked second in the global TV show category as of the 29th, beating 'Squid Game'. Netflix in Korea has been at the top of the list for six consecutive days since it ranked No. 1 immediately after its release. So far, it has been gaining explosive popularity, ranking first in 19 countries including Bangladesh, Chile, Mexico, Singapore, and Taiwan, including Korea.
The work is also quite popular. In the TV-OTT drama hot topic survey for the fourth week of January released by Good Data Corporation, 'Severe Trauma Center' entered third place at once. Leading actors Joo Ji-hoon and Chu Young-woo also showed their strong presence by ranking 7th and 8th, respectively.
Lee Nak-joon, the author of the original web novel, also raised expectations for the next season. He raised expectations for a follow-up film by saying it was made with seasons 2 and 3 in mind and had already received some of the Season 2 scripts.
Joo Ji-hoon is a major shareholder of Blitzway. The rise in the stock price of the agency due to the success will soon lead to an increase in the value of the stake. As of the end of the third quarter of 2023, he holds a 5.73% stake in Blitzway, and the value of his stake based on the current market capitalization (about KRW 80.4 billion) is estimated to be around KRW 4.6 billion.
Previously, he invested about 400 million won when H& Entertainment was established in 2020, and later became a hot topic by earning more than 5 billion won in valuation gains through a merger with Blitzway. As the success of the "Centers for Severe Trauma" continues, the possibility of a further increase in stock prices in the future is also increasing.
While the popularity of the work is shaking the stock market, attention is focused on how far the global craze of the "Severe Trauma Center" will continue.
mj.cho@sportschosun.com
