At a time when K content is increasingly in demand, Korean entertainment giant CJ ENM has announced plans to launch a new production studio CJ ENM Studios. The new studio is an addition to CJ ENM’s existing production powerhouse, Studio Dragon, and recently acquired Endeavor Content.
CJ ENM has announced that Yong Soo-ha, former Executive Vice President as Head of Business Development and Investments of CJ ENM, has been appointed CEO of CJ ENM Studios. CJ ENM Studios will focus on producing OTT content for global audiences and will cover a wide range of different genres. The new studio also plans to recruit star talent/creators and expand its presence through mergers and acquisitions of top-tier production companies.
Having all three studios under CJ ENM is part of the company’s plan to strengthen its global content production and multi-studio structure. Studio Dragon, the production company behind global hits Crash landing on you hometown Cha Cha Cha and sweet home, announced plans to increase its scripted content production volume. Endeavor Content, recently acquired by CJ ENM, will not only produce content, but will also use its strong global network for the distribution of CJ ENM content.