Korea’s CJ To Launch CJ ENM Studios With Focus On K-OTT Content
deadline.comMedia giant CJ ENM is launching CJ ENM Studios, a new venture that will specialize in content production for OTT platforms in Korea and worldwide.
Yong Soo Ha, former EVP of CJ ENM’s Business Development & Investment team, has been appointed CEO.CJ ENM Studios will join the Korean entertainment group’s existing production powerhouse Studio Dragon and its recently acquired Endeavor Content.
It is designed to cover a wide spectrum of different genres and plans to recruit star talent/creators and expand its presence through the acquisition of top tier production companies.CJ said today that the new outfit, “will serve as another basecamp for content production.
The strategic move to launch CJ ENM Studios comes at a time where there is high global demand for K-content, and the multi-studio structure will serve as one of CJ ENM’s core global competitiveness.”The three studios under CJ ENM are part of the company’s plan to strengthen its global content production and multi-studio structure.
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