SEOUL, July 26 (Korea Bizwire) — Samsung Electronics Co. on Monday said it has signed a partnership with CJ ENM Co., the county’s top entertainment firm, to establish a virtual production set for content development. Samsung will supply its microLED display product, the Wall, to CJ ENM’s virtual studio, which will open in Paju, 30 [...]
SEOUL, May 31 (Korea Bizwire) — CJ ENM, an entertainment giant, said Monday it will invest more than 5 trillion won (US$4.48 billion) in content creation over the next five years to become a global content creator. “We will become a comprehensive entertainment company through diversifying content creating systems and meeting consumers’ demands on a [...]
SEOUL, Feb. 16 (Korea Bizwire) — KCON, a major K-pop and Korean culture festival that draws millions of viewers each season, will be held online again next month amid the prolonged coronavirus pandemic, its organizer said Tuesday. The third season of the online event, titled “KCON:TACT,” will stream from March 20-28 through YouTube and the [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korean online game maker NCSOFT Corp. said Tuesday it has joined hands with the country’s entertainment giant CJ ENM to make further inroads into the burgeoning platform business. Under a memorandum of understanding (MOU), the two will establish a joint venture in the content and digital platform sectors [...]
SEOUL, Jan. 20 (Korea Bizwire) — CJ ENM, the operator of K-pop-oriented cable channel Mnet, said Monday it will launch a 25.3 billion-won (US$21.8 million) investment fund dedicated to the K-pop industry. The establishment of the fund, KC Vivace Investment Association, is in line with the entertainment giant’s pledge three weeks earlier to set up [...]
SEOUL, Jan. 17 (Korea Bizwire) — KCON, an annual overseas K-pop concert series from entertainment giant CJ ENM, will hit four global cities this year including Tokyo and New York, the company said Friday. This year’s KCON, a festival of Korean music and culture, will kick off on April 3 at the Makuhari Messe convention [...]
SEOUL, Dec. 30 (Korea Bizwire) — CJ ENM, the operator of K-pop-oriented music channel Mnet, said Monday it will provide all necessary support for K-pop bands IZ*ONE and X1′s resumption of their music careers, issuing an apology for the vote-fixing scandal of its high-profile idol competition show. “We will provide every support possible … so [...]
SEOUL, Nov. 23 (Korea Bizwire) — The upcoming 2019 Mnet Asian Music Awards (MAMA) are taking another heavy blow as an ongoing police probe over the music channel’s idol survival shows is eating into its lineup. Earlier this week, police took into custody the director and chief producer of Mnet’s high-profile audition show, “Produce 101,” [...]
SEOUL, Nov. 11 (Korea Bizwire) — A fall from grace by “Produce 101,” South Korea’s most sensational idol audition show to date, is derailing the burgeoning K-pop careers of the show’s winners. Last week, police put in custody An Joon-young, the director of the Mnet cable show, and the program’s chief producer over suspicions of [...]
SEOUL, Sept. 30 (Korea Bizwire) — CJ ENM is generating a bit of controversy over its choice of Japan as the sole destination for this year’s Mnet Asian Music Awards (MAMA) despite unprecedented trade and diplomatic rows between Seoul and Tokyo. A week earlier, the media and entertainment unit of the conglomerate CJ unveiled Nagoya [...]