Since I’ve covered how the Park Geun Hye/Choi Soon Sil scandal impacts the entertainment world, it only makes sense that I provide the update that Park Geun Hye’s impeachment unanimously held up by the courts.
South Korea’s Constitutional Court has upheld a decision by the country’s National Assembly to impeach President Park Geun-hye. The decision was unanimous, with all eight judges on the court voting to remove Park, the country’s first female president, from office. Park is the first South Korean President to be impeached. An election for her replacement must be held within 60 days.
Can’t say I’m surprised given that the entertainment world stuff was a mess in itself and it wasn’t even close to the mess in other industries.
Perhaps the most interesting wrinkle here is that the stocks of entertainment companies rallied a bit because the liberal frontrunner to replace Park Geun Hye has been making overtures that South Korea’s THAAD position will be reversed. However, the United States has started to deploy the system already after North Korea conducted a bunch of ballistic missile tests, and America aims to have it fully operational by April. This is probably gonna get messy one way or another.
Choi Soon Sil, by the way, is still facing charges of fraud and abuse of power.