Korea’s CJ ENM strikes $1bn deal for Endeavor Content
South Korean media giant CJ ENM has struck a near-$1bn deal to rapidly expand its global scripted presence by taking an 80% stake in Endeavor Content. The agreement with the prodco’s US-based owner, Endeavor Group Holding, will see the Seoul-based firm invest $775m, including a $120m contribution to Endeavor Content. The deal values the company […]