ViacomCBS and South Korea’s CJ ENM announced global content deal encompasses coproductions for original TV shows and films as well as content licensing and distribution across the companies&#…
announced global content deal encompasses coproductions for original TV shows and films as well as content licensing and distribution across the companies’ streaming services.in South Korea in 2022 as an exclusive bundle with CJ ENM’s TVING streaming service — marking its first launch in Asia.CJ ENM paid nearly $1 billion for an 80% stake in Endeavor Content
“Korean entertainment has become a cultural juggernaut with unprecedented demand, and CJ ENM is behind some of the biggest international hits that transcend borders, including Academy Award-winning film ‘Parasite,'” said Dan Cohen, president of ViacomCBS’s global distribution group, in a statement. The companies detailed some of the joint productions and collaborations planned under the partnership:
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