was part of a $275 million investment round in Skydance Media, which also included RedBird Capital Partners. The company’s entertainment arm previously released, through Samuel Goldwyn Films, the drama “Endings Beginnings” and are currently developing other English-language remakes of Korean box office hits, including projects such as “Save the Green Planet” with producer Ari Aster, as well as “Extreme Job” and “Bye, Bye, Bye” that are collaborations with Kevin Hart and Universal.
Korea Eases Restrictions on Cinemas, ‘Dune’ Rises to Top Box Office in its Second Weekend
01.11.2021 - 05:25 / variety.com
Patrick Frater Asia Bureau ChiefSouth Korean cinemas are anticipating a boost from Monday (Nov. 1, 2021) as the country moves to a policy of living with the COVID-19 coronavirus.In the last weekend before the policy’s implementation “Dune” and “Venom: Let There Be Carnage” swapped positions at the top of the Korean box office.
“Dune” rose to first place in its second weekend of release.“Dune,” which was released on Oct. 20, dropped by only 12% in its second weekend.
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variety.com
19.11.2021 / 07:39
Korea’s CJ ENM Makes $1 Billion Bet on Endeavor Content to Become a Global Entertainment Player
Cynthia Littleton Business EditorSouth Korean entertainment conglomerate CJ ENM is making a nearly $1 billion bet to grow into a bigger player in the global content business by buying an an 80% stake in Endeavor Content, the production entity that Endeavor was forced to divest after losing a showdown with the Writers Guild of America.CJ ENM described the deal as the biggest M&A transaction in its 26-year history.
variety.com
19.11.2021 / 01:09
Korea’s CJ ENM in Talks to Acquire Endeavor Content
Cynthia Littleton Business EditorFast-growing Korean conglomerate CJ ENM, home of BTS and the distributor of “Parasite,” is in talks to acquire the majority of Endeavor Content in a deal valued between $900 million and $1 billion.CJ ENM came in with most attractive bid for 80% of the production-distribution unit out of a wide field of financial and strategic suitors, a source close to the situation said.
variety.com
08.11.2021 / 07:07
‘Eternals’ Opening Gives Korea its Biggest Box Office Weekend of 2021
Patrick Frater Asia Bureau ChiefMarvel movie “Eternals” enjoyed the biggest opening weekend of any film this year in South Korea.
nme.com
05.11.2021 / 12:57
K-drama producers on international recognition: “What sells in South Korea sells globally”
The New York Times, veteran members of the South Korean entertainment industry – such as Crash Landing On You executive producer Jang Young-woo and production house Studio Dragon CEO Kim Young-kyu – commented on the blossoming popularity of Korean content.Jang, who also co-directed or co-produced shows like Mr. Sunshine and Sweet Home, said that he and his team “didn’t have a global reaction in mind” when creating those shows.
deadline.com
05.11.2021 / 01:53
Genre-Bending Drama ‘Angel City’ In The Works At The CW From Craig Plestis, Damon Wayans Jr., Corinne Brinkerhoff, Jen Braeden & Heather Thomason
EXCLUSIVE: The CW is developing a U.S. remake of a genre-bending Korean drama W: Two Worlds.
variety.com
04.11.2021 / 16:28
Apple TV Plus Launches in Korea, Increasing Competition in Streaming Market Where Local Content Is King
Rebecca Souw Apple TV Plus launched in South Korea on Thursday with the premiere of its first original K-drama series, “Dr.
variety.com
30.10.2021 / 02:29
New Shows From Korea’s KBS, SBS, FormatEast Get Spotlight in Variety Streaming Room
wcinkala pmc-editorial-managerVariety will present a virtual showcase of buzzy new programs coming from Korea’s KBS, SBS and FormatEast on Nov. 12 at 9:30 a.m.