Yuksung Corporation

The Yuksung Corporation is a multinational conglomerate based in Seoul, South Korea. They produce sugary cereals marketed towards children as well as children's entertainment. They had acquired the Fred channel at one point to advertise cereal to Fred viewers.

Lore
When Fred was done working with Nickelodeon, he was kidnapped by the Yuksung Corporation. The hiatus on the Fred channel was suddenly ended in 2014 with a teaser for new Fred videos. However, it turned out to not truly be the return of Fred.

A new child, New Fred, is a public figure used to represent the Yuksung Corporation and promote their cereals through his New Fred videos. New Fred is the Korean son of the creative director of the Yuksung Corporation, exploited for sales of Yuksung's cereals. This is shown in the New Fred videos, with New Fred acting unnatural in his new role and over-explains many things that he does. He is also framed in a "likable" light, with all the other characters appreciating him.

He drops subtle and obvious promotion for Yuksung Corporation, as well as Korean propaganda that tries to undermine American values. This is reminiscent of North Korean propaganda, as Kim Jong-il and Kim Jong-un would use similar methods to win over the North Korean people. The New Fred videos quickly devolve into showing obvious corporate and impersonal means in which the videos are made, with it going as far as the original Fred screaming out from the background at some point. This New Fred story concludes with the Lucas in Korea arc, where Lucas Cruikshank travels to Korea after being contacted by the original Fred.

Story
After Lucas Cruikshank began working with Nickelodeon, the Fred channel went on hiatus. However, on July 31st, 2014, a new video appeared on the Fred channel, titled "FRED IS BACK!" This video teased at the return of Fred, dropping hints that this was Korean with the announcer's accent and the name drop of Psy. About a week later, on August 5th, 2014, New Fred was revealed onto the Internet. He is a Korean child using Fred's likeness to promote Yuksung's cereal.

Community Response
Many viewers were angry that the "Yuksung Corporation" had taken over the Fred channel. Many believed that this was an actual company that had either purchased or hacked the Fred YouTube channel to promote their Korean cereal. However, this was revealed to be surely untrue during the "Lucas in Korea" arc.

Yuksung Creative Director
Main article: Yuksung Creative Director

Mo Min-ho, or the Yuksung Creative Director, is the main antagonist of the New Fred arc. He is responsible for the creation of the 'New Fred' character and the marketing for Yuksung cereal.

New Fred
Main article: New Fred

New Fred is one of the main characters and the titular character of the New Fred arc. He was meant to be the new face of the Fred channel after Yuksung Corp.'s acquisition and to help promote the consumption of Yuksung cereal by utilizing Fred's popularity.