Studio Dragon is still renegotiating its deal to supply Netflix, and CJ ENM has formed an alliance with Paramount Global. We want to utilize external content platforms as well.” But Kang says there is no plan to halt external program sales by the group’s many production units: “Our dual-pronged approach in content means we are not going to limit ourselves. That is expected to help TVing in its quest to overtake Netflix in Korea and become the country’s biggest streamer. “Our primary goal is to maximize content production capability and competency,” says Kang. It has built the largest virtual production studio in Asia and struck a joint venture deal in Japan for its Studio Dragon television production arm. #300 seize your glory full movie tv#To ramp up production of K-content still further, the conglomerate has launched CJ ENM Studio, a TV production cluster headed by ace film producer-director JK Youn. TVing has since merged with smaller rival Seezn while retaining Seezn’s helpful connections with KT Corp., formerly known as Korea Telecom. In 2020, it spun off its TVing streaming platform and recapitalized it in an alliance with tech giant Naver and broadcaster-producer JTBC. Significantly, he is to be based in Los Angeles, not Seoul.Īt home, CJ ENM has thrown out its previous playbook, ditching outright ownership and control for partnerships that bring in capital, accelerate growth and share risk and rewards. Chung, a former Fox executive, as the group’s chief growth officer. Late last month, CJ ENM announced the appointment of Steve W. It has also put a marker down in the metaverse with an investment in “digital humans” purveyor Hyperreal. Since the beginning of 2020, CJ ENM has dramatically raised its profile in Hollywood by buying a minority stake in David Ellison’s Skydance Media and a majority interest in Endeavor Content, which this week unveiled a company rebrand and new moniker as Fifth Season. Our biggest goal is to create premium well-made content and expand it globally,” Kang says. “Our core bread-and-butter business is as a content provider. Despite the palpable teen spirit that KCON brought to two packed concerts at Arena, Kang describes CJ ENM’s current mission in terms that are both humble and loftily ambitious.
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