SEOUL, July 20 (Korea Bizwire) — South Korean entertainment giant CJ Group executive Lee Mie-kyung, widely known as Miky Lee, has received a special achievement award from the International Emmy Awards for her contribution to international television. According to the International Academy of Television Arts & Sciences on Tuesday (U.S. time), Lee was named the [...]
SEOUL, May 30 (Korea Bizwire) – South Korean food and entertainment giant CJ Group said Monday it will invest 20 trillion won (US$16.2 billion) over the next five years in new growth engines. Among them, CJ said it will invest 12 trillion won in growing its original content and K-food business, while injecting 7 trillion [...]
SEOUL, Nov. 3 (Korea Bizwire) — South Korean food and entertainment giant CJ Group said Wednesday it will invest more than 10 trillion won (US$8.5 billion) in four future growth engines over the next three years. The conglomerate said the four sectors consist of culture, platform, wellness and sustainability. “CJ will ramp up efforts to [...]
SEOUL, Oct. 28 (Korea Bizwire) — The South Korean retail industry is eyeing country’s top online portal operator Naver and entertainment and logistics giant CJ Group as the two companies are exchanging company shares worth 600 billion won ($531 million) as part of a strategic partnership in the fields of cultural content and distribution. Industry [...]
SEOUL, Oct. 26 (Korea Bizwire) — South Korea’s top online portal operator Naver and entertainment and logistics giant CJ Group signed a share-swap deal Monday in a strategic tie-up to boost their competitive edge in the e-commerce and entertainment industries, officials said. Under the deal worth 600 billion won (US$531 million), Naver will acquire a [...]
SEOUL, Sept. 4 (Korea Bizwire) — Prosecutors in Incheon, west of Seoul, are drawing fire for treating CJ Group Chairman Lee Jae-hyun’s eldest son, who was caught smuggling liquid marijuana in cartridges from the United States over the weekend, differently from suspects in similar past cases. Lee Sun-ho, the heir apparent of CJ Group, a [...]
SEOUL, Sept. 2 (Korea Bizwire) — The eldest son of CJ Group Chairman Lee Jae-hyun is under investigation on drug charges, prosecutors said Monday. According to the Incheon District Prosecutors Office, Lee Sun-ho, the heir apparent of CJ Group, a leading food and entertainment conglomerate, was caught attempting to smuggle liquid marijuana in cartridges into [...]
SEOUL, Jun. 19 (Korea Bizwire) — CJ Group companies are planning to build two massive cultural facilities themed after “hallyu,” or the Korean Wave of popular culture, just northwest of Seoul, company officials said Wednesday. CJ ENM, an entertainment and mass media giant owned by CJ Group, has agreed to build the cultural facilities covering [...]
SEOUL, Jan. 16 (Korea Bizwire) – A Seoul-based non-profit organization on Tuesday awarded a Korean company and two figures from France and Russia for their work in promoting Korea’s image overseas. In the Korea Image Awards ceremony, which took place at a hotel in southern Seoul Tuesday, the Corea Image Communication Institute (CICI) presented an [...]
SEOUL, Dec. 12 (Korea Bizwire) – CJ Logistics’ package delivery program employing seniors, started five years ago, recently made its 20 millionth delivery, the subsidiary of conglomerate CJ Group announced on December 11. The program was launched in the southeastern city of Busan in 2013, before expanding to 160 other locations nationwide and eventually employing [...]