Tubi Inks Korean Content Deal With CJ ENM

Tubi Dec. 12 announced it has entered a content deal with South Korean distributor CJ ENM. The partnership will launch with more than 75 Korean films, dramas and K-Pop series, totaling 500 hours of content, to be added as a branded curation to Tubi’s robust non-English content offering beginning this month. Titles include “Squad 38,” “Reply 1994,” “Hogu’s Love,” “The Chronicles of Evil,” “A Werewolf Boy,” “Hindsight”  and eight seasons of “M Countdown,” with additional titles to be added in 2023.

As one of Tubi’s fastest-growing categories for non-English content, Korean programming viewership has grown over 25% year-over-year on the platform, according to Fox Entertainment.

“Our partnership with CJ ENM comes at an optimal time for Tubi as we scale and enhance our focus on foreign language content,” Adam Lewinson, chief content officer for Tubi, said in a statement. “Korean-language titles have been an increasingly popular destination for Tubi viewers and we’re excited to kick off this collaboration with a leader in the Korean content space.”

Additional movies from CJ ENM to be made available beginning this month include Hwang Jin Yi, The Accidental Detective, Murder, Take One, Parallel Life, Seondal: The Man Who Sells the River, Howling, Deranged, Perfect Number, Blood and Ties, Killer Toon, Tough as Iron, Helpless, Time Renegades, Heart Blackened, The Advocate: A Missing Body, Finding Mr. Destiny, Glove, Penny Pinchers, The Servant, Over My Dead Body, The Map Against the World, Remember You, Good Morning President, Castaway on the Moon, Arahan, Going by the Book, Salut D’Amour, The Sound of a Flower, White, Spellbound, Sunny and Ode to My Father.

“We plan to continue to seek opportunities to increase the accessibility of our content to global audiences to meet the growing demand of K-content,” said Sebastian Kim, director of content sales and acquisitions at CJ ENM.

Additional series to be made available beginning this month include “Cheese in the Trap,” “The K2,” “Squad 38,” “Marriage, Not Dating,” “Hidden Identity,” “The Three Musketeers,” “Ten 1,” “Emergency Couple,” “Shut Up and Let’s Go,” “Bring It On, Ghost,” “Misaeng-Incomplete Life,” “Voice1,” “Another Miss Oh,” “Second 20’s,” “Gabdong,” “High School King of Savvy,” “The Liar His Lover,” “My Shy Boss,” “Let’s Eat!” 1 and 2, “Oh My Ghost,” “Plus Nine Boys,” “Memory,” “Nine,” “In Need of Romance,” “My First Time,” “Signal,” “Monstar,” “Reply 1997” and “Super Daddy Yeol.”

ViacomCBS Inks Streaming Production/Distribution Deal With South Korea’s CJ ENM

ViacomCBS Dec. 7 announced a partnership with South Korean distributor CJ ENM that includes co-productions for original series and movies, content licensing and distribution across ViacomCBS’s and CJ ENM’s streaming services.

Paramount+ will debut in South Korea in 2022 as an exclusive bundle with TVING, CJ ENM’s streaming service, marking its first entry to the Asian market.

South Korea has become a hit factory for movies and TV series following the Oscar success of Parasite, and recent Netflix original series successes with “Squid Game” and “Hellbound.”

Subscribe HERE to the FREE Media Play News Daily Newsletter!

“Korean entertainment has become a cultural juggernaut with unprecedented demand, and CJ ENM is behind some of the biggest international hits that transcend borders, including Academy Award-winning film Parasite,” Dan Cohen, president of the global distribution group for ViacomCBS, said in a statement.

As part of the pact, Paramount Television Studios and CJ ENM/Studio Dragon will co-develop and co-produce English-language scripted series based on CJ ENM/Studio Dragon’s titles for Paramount+. The two companies will also co-develop and co-finance movies for theatrical and streaming releases with the plan to distribute one theatrical movie a year in various territories.

ViacomCBS and TVING will co-finance new Korean series for global distribution on Paramount+, with the streamer licensing Korean-language series from CJ ENM’s IP library.

Separately, ViacomCBS’s free ad-supported streaming television service Pluto TV will launch a dedicated CJ ENM branded channel on Dec. 14 featuring K-content for U.S. audiences.

“We are focused on the rapid expansion of Paramount+ in markets around the world,” said Raffaele Annecchino, CEO of ViacomCBS Networks International. “Our strategic partnership with TVING enables us to accelerate Paramount+ subscriber growth while bringing more premium content to audiences in this important market.”

Netflix Extends Partnership With Korean Entertainment Company

Netflix has entered into a strategic partnership including a multiyear content production and distribution agreement with CJ ENM, a Korean media entertainment company, and its subsidiary production studio Studio Dragon.

As part of a three-year partnership beginning in 2020, Studio Dragon and its roster of creators will produce original series that will be available to Netflix members globally. Netflix will also receive distribution rights to other select Studio Dragon titles.

This arrangement extends and deepens the relationship between CJ ENM, Studio Dragon, and Netflix, which has already been streaming Studio Dragon titles such as “Stranger,” “Mr. Sunshine,” “Memories of Alhambra,” “Romance Is a Bonus Book” and “Arthdal Chronicles.”

“CJ ENM and Studio Dragon represent the gold standard in Korean entertainment and we are excited and honored to work with them,” said Ted Sarandos, Netflix chief content officer, in a statment. “This partnership with CJ ENM and Studio Dragon demonstrates our commitment to Korean entertainment and allows us to bring more top-tier Korean drama to Netflix members in Korea and all over the world.”

Subscribe HERE to the FREE Media Play News Daily Newsletter!

“We’re thrilled to be partnering with both CJ ENM and Studio Dragon and look forward to a prosperous relationship for many years to come,” said Netflix CEO Reed Hastings in a statement.

“CJ ENM is leading the market and expanding its huge achievement in Korea to overseas. As we have continuously focused on strengthening borderless content and expanding global distribution, the partnership with Netflix will introduce Korean content to global audiences, while providing new experiences and values,” said Minheoi Heo, CEO of CJ ENM, in a statement.

“Today’s announcement is a recognition that Korean storytelling and production capabilities are beloved by global audiences and reaffirms the content creation prowess of both CJ ENM and Studio Dragon,” said Jinnie Choi, CEO of Studio Dragon, in a statement. “Studio Dragon will try its best to leap forward as a global major studio.”

As part of the partnership, CJ ENM will have the right to sell up to 4.99% of Studio Dragon shares to Netflix.