Korea Joongang Daily
Korea JoongAng Daily

Tving-Seezn merger approved by the Fair Trade Commission

The deal when completed will create the country's second-largest streaming service, after Netflix.

2022-10-31

Millie to go public on the Kosdaq in November

Millie, an e-book subscription service provider, said that it hopes to go public on Kosdaq in November and raise up to 50 billion won ($34.8 million).

2022-09-29

KT, AMC Networks agree to distribute original series, produce new content

KT signed a business agreement with AMC Networks, a U.S. cable channel operator, to exclusively distribute AMC's original content and co-produce new content, the telco said Wednesday. The deal was signed by KT, KT’s content subsidiary ...

2022-09-28

KT's 'Woo' might be Korea's answer to Netflix dominance

The original series is No. 1 on the Netflix weekly chart of non-English-language dramas. It is the first time for a local TV series produced by a company other than Netflix to top the list.

2022-07-14

Tving and Seezn will merge to form Korea's largest streaming service

CJ ENM and KT will merge Tving and Seezn to form the biggest domestic streaming service, each company announced Thursday. CJ ENM and KT each held board meetings Thursday to discuss the merger of the two services, and the decision was reached...

2022-07-14

Bookclub Millie files application to be listed on Kosdaq

Bookclub Millie, an e-book subscription service provider in Korea, filed an application on Friday to be listed on the Kosdaq market, its largest shareholder KT said Sunday.

2022-05-30

Korea's KT Studio Genie buys 30 percent of drama production company Jumbo Film

KT Studio Genie bought a 30 percent stake in local drama production company Jumbo Film for an unspecified amount, the KT subsidiary said Tuesday. Founded in April 2020, Jumbo Film has produced popular drama series including ...

2022-05-24

KT to invest 500 billion won over 3 years in entertainment

KT will create over 30 new drama series and 300 entertainment shows over the next three years, the company said on Thursday. The company will invest 500 billion won ($410.4 million) for original production over the next three years so that ...

2022-04-07

CJ ENM buys a stake in KT Studio Genie for 100 billion won

CJ ENM is investing 100 billion won ($82.4 million) in KT Studio Genie, a content production subsidiary of carrier KT, to collaborate on the development and distribution of original content.

2022-03-21