Privately held, Korea-founded Maum Capital Group, together with its subsidiaries and affiliates, has made a significant undisclosed investment in Globalgate Entertainment, creating a strategic and financial alliance.
At the same time, Globalgate Executive Chairman William Pfeiffer has been appointed CEO of the Maum affiliates as they focus on the development of the intercultural content-based businesses of the group, which includes Maum Culture Innovation and Maum Studios.
The alliance furthers investment firm Maum’s plans to harness and expand Korean and global content, filmmakers and talent on a worldwide basis.
This is a complement to Globalgate’s 15 consortium partners, including Lionsgate in the U.S./UK, Lotte in Korea, and the expansion of Globalgate’s global content production and co-financing business, as well as the expansion of Globalgate’s related businesses.
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