Propelled by Korean Wave, CJ ENM Gets in Shape for Global Role
variety.comPatrick Frater Asia Bureau Chief Make no mistake: CJ ENM is on the move. The South Korean conglomerate that has done as much as any company to build out the nation’s entertainment ecosystem is actively looking to expand its “production capability and competency.” That’s the word from Kang Ho-sung, CEO of the cluster of film, TV and music companies that now share the CJ ENM banner.
Kang gave a rare, extensive interview to Variety on Aug. 21 in downtown Los Angeles on the sidelines of CJ ENM’s KCON LA pop culture convention, which brought in close to 100,000 fans from across the U.S.
Despite the palpable teen spirit that KCON brought to two packed concerts at Crypto.com Arena, Kang describes CJ ENM’s current mission in terms that are both humble and loftily ambitious. “Our core bread-and-butter business is as a content provider.
Our biggest goal is to create premium well-made content and expand it globally,” Kang says. 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.
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