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Rules of the road: South Korea

South Korea is much more than Psy’s pop single “Gangnam Style” or the TV series “M*A*S*H,” which lasted three times longer than the actual Korean conflict. It’s one of the most remarkable modern economic success stories. The Eighth United States Army, about 29,000 strong, has long had a front row seat, but most Americans have not. Starting with the ’88 Olympics coming out party, South Korea has arrived. For U.S. OTC brand owners, it’s inevitably an A-list market.

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Report: Diplomat leadership changes rattle stock

Crain’s Detroit Business is reporting that Flint, Mich.-based Diplomat Pharmacy’s stock is feeling the effect of Tuesday announcement that president Gary Kadlec and the company’s CFO Sean Whelan would be departing the company by year’s end. After the announcement, the company’s shares fell 12.36% Wednesday, the report says, hitting a new 52-week low. The company is set to release its Q3 earnings report next week. (Crain’s Detroit Business)

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NY Times: AT&T-Time Warner merger may bring targeted advertising to network TV

NEW YORK - The giant AT&T-Time Warner merger may bring individualized ads - already commonplace on such streaming services as Hulu or YouTube - to network television, The New York Times reported Wednesday. "If you believe in a future where the very, very fine targeting of households or individuals with specific messaging makes economic sense to do at scale, what this merger does is enable that by making more audience available to target in that way,” Rob Norman, chief digital officer of WPP's GroupM, told The Times. “The question will be: What is the premium for addressability for that level of targeting that the advertiser is willing to pay?” (The New York Times)