SEOUL, Oct. 16 (Korea Bizwire) – CJ ENM, the country’s leading entertainment company, said Thursday it has signed a multiyear partnership deal with Warner Bros. Discovery (WBD) to jointly produce and distribute Korean content to a global audience. The deal will see exclusive premieres of Korean dramas and original shows from CJ ENM and its [...]
SEOUL, July 9 (Korea Bizwire) — Director Lee Sang-geun of “Exit” has reunited with actress Im Yoon-ah for the upcoming comedy “Pretty Crazy,” aiming to replicate the box office success of their previous collaboration. At a press conference for the new film on Wednesday, the director said the K-pop idol-turned-actress was his first choice for [...]
SEOUL, May 5 (Korea Bizwire) — CJ ENM, South Korea’s leading media and entertainment company, said Monday it has signed a partnership with Amazon Prime Video to supply its original drama series through the global streaming platform. The two companies signed the strategic deal on May 3 (local time) during the World Audio Visual and [...]
SEOUL, Oct. 4 (Korea Bizwire) — Samsung Electronics Co. has started offering popular Korean entertainment content in the United States via its smart television application through partnerships with South Korean entertainment giant CJ ENM Co., according to the company Friday. Samsung Electronics said it has started offering nearly 4,000 hours of free-to-stream Korean shows and [...]
SEOUL, Mar. 4 (Korea Bizwire) — The South Korean baseball league announced Monday it has signed a record-setting streaming rights deal with CJ ENM, with its games moving behind a paywall for the first time. For the next three seasons, CJ ENM, the media and entertainment arm of CJ Group, will carry Korea Baseball Organization [...]
SEOUL, Sept. 15 (Korea Bizwire) — JYP Entertainment, the agency-label behind K-pop girl groups like ITZY and TWICE, exceeded the market cap of South Korean media and entertainment giant CJ ENM for the very first time. Shares of JYP finished at 63,000 won on Sept. 8 with a market cap of 2.23 trillion won (US$1.65 [...]
SEOUL, May 25 (Korea Bizwire) — Samsung Electronics Co. said Tuesday that the CJ ENM Virtual Production Stage had opened with the installation of the LED display The Wall. The Virtual Production Stage is a fully-modern studio with the entire stage decorated with large LED screens, thereby enabling a variety of backgrounds to be displayed. [...]
SEOUL, May 12 (Korea Bizwire) — South Korea’s leading media and entertainment company CJ ENM said Thursday it will set up a drama studio in Japan through a joint venture with its drama production company Studio Dragon and Line Digital Frontier, a Japanese unit of Naver Webtoon. The three parties will jointly invest 30 billion [...]
SEOUL, Nov. 19 (Korea Bizwire) — South Korea’s media and entertainment giant CJ ENM said Friday it has acquired a managerial stake in Hollywood studio Endeavor Content in a record 920 billion won (US$775 million) deal to strengthen its overseas business. CJ ENM purchased an 80 percent stake in the content production-distribution unit of U.S. [...]
SEOUL, Oct. 19 (Korea Bizwire) — CJ ENM, a leading entertainment and media company, is in talks to bring K-pop powerhouse SM Entertainment under its control, a source with direct knowledge of the talks has said. The deal, if realized, would see the birth of an entertainment giant that could shake the Korean pop cultural [...]