Korea Joongang Daily
Korea JoongAng Daily

Korea to host anti-proliferation maritime exercise next week

Korea will host a high-level forum and multinational maritime exercise aimed at stopping transfers of weapons of mass destruction (WMD) next week, the Foreign Ministry said Wednesday.

2023-05-24

Korea to host major anti-proliferation naval exercise

Korea will host a multilateral maritime exercise, including naval forces from the United States and Japan, as part of an international anti-proliferation initiative later this month, a Defense Ministry spokesman said Monday.

2023-05-08

CJ ENM loses W55.6 billion in Q3

CJ ENM lost 55.6 billion won ($40 million) in the third quarter, its second consecutive quarter of losses. The company blamed investment losses and expenses related to the purchase of certain assets from Fifth Season, formerly known as ...

2022-11-08

[NEWS ANALYSIS] CJ ENM hopes its U.S. money pit will prove to be a gold mine

CJ ENM's acquisition of Endeavor Content in late 2021 was a big deal, the 930 billion won ($666 milion) price tag putting the Korean entertainment company firmly on the map in the U.S. market. The purchase, the largest ever by the company, is ...

2022-09-21

Production company Endeavor Content changes name to Fifth Season

Endeavor Content changed its name to Fifth Season, CJ ENM said Thursday.

2022-09-08

CJ ENM appoints its first global chief growth officer

CJ ENM appointed Steve Chung as the first global chief growth officer (CGO) to lead the company's global strategies, the company said Thursday. Chung served as the chief growth officer at Fox Corporation prior to joining CJ ENM. He worked as a ...

2022-09-01

CJ ENM reports 25 billion won net loss in the second quarter

CJ ENM lost 25 billion won ($19 million) on a net basis in the second quarter. The loss was mainly due to continued expenses related to the purchase of certain assets from Endeavor, a Beverly Hills, California production company, and ...

2022-08-04

CJ ENM's net profit drops 98 percent in the first quarter

CJ ENM's first quarter net profit fell by 98 percent on year, the company said Wednesday. The loss was mainly due to the absence of a hit film and one-off expenses related to the acquisition certain assets of Endeavor, a Beverly Hills, California ...

2022-05-11

CJ ENM going global with major Hollywood investment

CJ ENM is making its largest investment ever, buying control of key Hollywood production assets as it continues to go global and continues to battle for share in the highly competitive streaming market.

2021-11-19