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Korea’s CJ ENM in Talks to Acquire Endeavor Content

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variety.com
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Cynthia Littleton Business EditorFast-growing Korean conglomerate CJ ENM, home of BTS and the distributor of “Parasite,” is in talks to acquire the majority of Endeavor Content in a deal valued between $900 million and $1 billion.CJ ENM came in with most attractive bid for 80% of the production-distribution unit out of a wide field of financial and strategic suitors, a source close to the situation said.

The Wall Street Journal first reported news of the negotiations between Endeavor and CJ ENM.Endeavor Content, headed by Chris Rice and Graham Taylor, has about 200 full-time employees.

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