Studio Genie

Korea’s TVing & Seezn prep merger to compete with global OTT rivals

South Korean streaming platforms TVing and Seezn are to merge in a bid to oppose OTT rivals such as Netflix. CJ ENM, which is behind global hit game show format I Can See Your Voice and Bong Joon-ho’s Oscar-winning thriller Parasite, is the 57% majority owner of TVing, with the service spun off from the […]

CJ ENM takes $82m stake in KT’s Studio Genie

South Korean media giant CJ ENM has invested ₩100bn ($82m) to take a stake in Studio Genie, the content production arm of telecoms provider KT (fka Kora Telecom). The investment is aimed at “increasing the competitiveness of CJ ENM channels such as tvN and OCN and OTT content from TVing,” and to fuel its global growth ambitions, according […]