KCON

CJ ENM America and Snapchat Immersed Fans Deeper in K-Culture Phenomenon with KCON LA 2023 Partnership

Retrieved on: 
Friday, September 22, 2023

LOS ANGELES, Sept. 22, 2023 /PRNewswire-PRWeb/ -- Leading entertainment company CJ ENM America and Snapchat are thrilled to announce the success of their partnership at KCON LA 2023. This partnership between CJ ENM America and Snapchat brought together K-pop enthusiasts and content creators to celebrate the global K-culture phenomenon in an innovative and exciting way.

Key Points: 
  • LOS ANGELES, Sept. 22, 2023 /PRNewswire-PRWeb/ -- Leading entertainment company CJ ENM America and Snapchat are thrilled to announce the success of their partnership at KCON LA 2023.
  • This partnership between CJ ENM America and Snapchat brought together K-pop enthusiasts and content creators to celebrate the global K-culture phenomenon in an innovative and exciting way.
  • The world No.1 K-culture festival KCON LA 2023 presented by Samsung Galaxy took place in Downtown Los Angeles from August 18-20 at the Los Angeles Convention Center and Crypto.com Arena with around 140,000 fans in attendance.
  • Snapchat, the world's leading multimedia messaging app, joined forces with CJ ENM America to enhance the KCON experience for fans worldwide during this year's KCON.

Visit Korean Heritage Campaign 2023 Enchants Los Angeles

Retrieved on: 
Tuesday, August 29, 2023

SEOUL, South Korea, Aug. 29, 2023 /PRNewswire/ -- As part of the 2023 Visit KOREAN HERITAGE Campaign, the Cultural Heritage Administration of Korea and the Korea Cultural Heritage Foundation successfully concluded their second overseas event of the year in Los Angeles, California, U.S.A., from August 16 to 22.

Key Points: 
  • SEOUL, South Korea, Aug. 29, 2023 /PRNewswire/ -- As part of the 2023 Visit KOREAN HERITAGE Campaign, the Cultural Heritage Administration of Korea and the Korea Cultural Heritage Foundation successfully concluded their second overseas event of the year in Los Angeles, California, U.S.A., from August 16 to 22.
  • Launched in 2020, the Visit KOREAN HERITAGE Campaign is a branding initiative aimed at rediscovering the value of cultural heritage and the core elements of the global phenomenon of Hallyu (Korean Wave), while promoting the beauty of Korean cultural heritage both domestically and internationally.
  • At the event, the cultural heritage tourism program was introduced as part of the 2023 Visit KOREAN HERITAGE Campaign.
  • Moving forward, the Visit KOREAN HERITAGE Campaign plans to continue encouraging visits to Korean cultural heritage through various promotional events held in overseas locations.

MUZLIVE PARTNERS WITH MEMBRAIN FOR US MARKET DEBUT OF REVOLUTIONARY MUSIC FORMAT KiT ALBUM

Retrieved on: 
Wednesday, August 16, 2023

LOS ANGELES, Aug. 16, 2023 /PRNewswire/ -- Muzlive, the South Korean company responsible for the patented KiT Album, is thrilled to announce a strategic partnership with memBrain, an innovation-centric company with deep roots in the entertainment, design, music and technology sectors.

Key Points: 
  • MUZLIVE PARTNERS WITH MEMBRAIN FOR US MARKET DEBUT OF MUSIC FORMAT KiT ALBUM, KICKING OFF WITH KCON LA SPONSORSHIP
    Leveraging its 20+ years of brand marketing expertise and deep industry ties, including the music industry partnerships that launched Hasbro's HitClips, memBrain has been appointed as Muzlive's marketing leadership team for its ambitious US market launch.
  • Muzlive's KiT Album, a new music format for smart devices, currently features over 400 K-Pop and US artists such as Jason Mraz and Snoop Dogg and has sold over 6 million copies in 211 countries worldwide.
  • Jennifer Sullivan, President of memBrain, is enthusiastic about the new collaboration, saying "We believe that Muzlive's format is promising for a broad range of content creators.
  • Muzlive CEO Joe Seok explains, "In the evolving music market where CD players are becoming obsolete, we have created a new, alternative format for sharing content.

Toyota's First-Ever GR Corolla is "Rally Ready"

Retrieved on: 
Monday, October 17, 2022

PLANO, Texas, Oct. 17, 2022 /PRNewswire/ -- The all-new, first-ever 2023 Toyota GR Corolla's campaign, "Rally Ready," debuts today featuring the track ready vehicle, built by enthusiasts for enthusiasts. As the newest addition to the Gazoo Racing (GR) Family, the GR Corolla, alongside the GR86 and GR Supra, is featured prominently in Toyota's new GR Family campaign, "Race Cars for the Real World," also launching today.

Key Points: 
  • As the newest addition to the Gazoo Racing (GR) Family, the GR Corolla, alongside the GR86 and GR Supra, is featured prominently in Toyota's new GR Family campaign, "Race Cars for the Real World," also launching today.
  • "The GR Corolla and GR Family campaigns reflect the renewed excitement and uncompromising energy inspired by Gazoo Racing's legacy of performance."
  • Toyota developed the integrated GR Corolla campaign and the GR Family campaign with its Total Toyota (T2)model in mind.
  • Intertrend Communications'first GR Corolla spot, "Legacy," captures the dreamlike moment when viewers finally own the car of their dreams, the GR Corolla.

Industry-leading VR Concert Platform AmazeVR Announces $32 Million in Series B funding

Retrieved on: 
Tuesday, September 27, 2022

LOS ANGELES, Sept. 27, 2022 /PRNewswire-PRWeb/ -- Coming fresh off the success of Megan Thee Stallion's virtual reality (VR) concert tour and joint venture (JV) partnership with K-pop giant SM Entertainment (known as "Studio A"), industry-leading VR concert production company AmazeVR has raised $17M in new investments, with the continued opportunity for interested investors to join the current round. This ongoing round joins the $15M bridge round that was raised in 2021, and puts AmazeVR's current Series B raise at $32M.

Key Points: 
  • This ongoing round joins the $15M bridge round that was raised in 2021, and puts AmazeVR's current Series B raise at $32M.
  • This ongoing round joins the $15M bridge round that was raised in 2021, and puts AmazeVR's current Series B raise at $32M.
  • AmazeVR is a VR concert platform company that brings fans closer to artists than ever before.
  • AmazeVR creates VR concerts in fantastical new worlds that are widely accessible to fans, distributing through movie theaters and eventually at-home VR.

ViacomCBS and CJ ENM Announce Global Strategic Partnership

Retrieved on: 
Tuesday, December 7, 2021

NEW YORK and SEOUL, Korea, Dec. 7, 2021 /PRNewswire/ -- ViacomCBS (NASDAQ: VIACA, VIAC) and CJ ENM today announced a new strategic partnership that will bring premium entertainment to audiences worldwide with a comprehensive global deal that includes co-productions for original series and films, content licensing and distribution across ViacomCBS' and CJ ENM's leading streaming services.

Key Points: 
  • NEW YORK and SEOUL, Korea, Dec. 7, 2021 /PRNewswire/ --ViacomCBS (NASDAQ: VIACA, VIAC) and CJ ENM today announced a new strategic partnership that will bring premium entertainment to audiences worldwide with a comprehensive global deal that includes co-productions for original series and films, content licensing and distribution across ViacomCBS' and CJ ENM's leading streaming services.
  • ViacomCBS and CJ ENM will leverage their combined global reach, production capabilities, world-renowned IP and hit-making pedigree to deliver key synergy opportunities across both companies:
    ViacomCBS and CJ ENM will co-develop and co-finance movies for theatrical and streaming releases with the plan to distribute one theatrical movie a year in various territories.
  • "CJ ENM is growing into a global leading entertainment company in accordance with Chairman Lee Jay-Hyun's vision of expanding CJ's presence on a global level," said Kang Ho-Sung, CEO, CJ ENM.
  • "CJ ENM's vast library of original IP will create synergy with ViacomCBS' production capabilities and distribution channels to develop into global smash-hit content."

ViacomCBS and CJ ENM Announce Global Strategic Partnership

Retrieved on: 
Tuesday, December 7, 2021

NEW YORK and SEOUL, Korea, Dec. 7, 2021 /PRNewswire/ -- ViacomCBS (NASDAQ: VIACA, VIAC) and CJ ENM today announced a new strategic partnership that will bring premium entertainment to audiences worldwide with a comprehensive global deal that includes co-productions for original series and films, content licensing and distribution across ViacomCBS' and CJ ENM's leading streaming services.

Key Points: 
  • NEW YORK and SEOUL, Korea, Dec. 7, 2021 /PRNewswire/ --ViacomCBS (NASDAQ: VIACA, VIAC) and CJ ENM today announced a new strategic partnership that will bring premium entertainment to audiences worldwide with a comprehensive global deal that includes co-productions for original series and films, content licensing and distribution across ViacomCBS' and CJ ENM's leading streaming services.
  • ViacomCBS and CJ ENM will leverage their combined global reach, production capabilities, world-renowned IP and hit-making pedigree to deliver key synergy opportunities across both companies:
    ViacomCBS and CJ ENM will co-develop and co-finance movies for theatrical and streaming releases with the plan to distribute one theatrical movie a year in various territories.
  • "CJ ENM is growing into a global leading entertainment company in accordance with Chairman Lee Jay-Hyun's vision of expanding CJ's presence on a global level," said Kang Ho-Sung, CEO, CJ ENM.
  • "CJ ENM's vast library of original IP will create synergy with ViacomCBS' production capabilities and distribution channels to develop into global smash-hit content."

Leading Entertainment Company CJ ENM to Acquire Controlling Stake in Global Premium Content Studio ‘Endeavor Content’ for $775 Million USD

Retrieved on: 
Friday, November 19, 2021

CJ ENM, leading entertainment company originated from Korea, announced that they have entered into a definitive agreement to acquire an 80% stake of the scripted business of U.S.-based global premium content studio, Endeavor Content, from its parent company Endeavor Group Holdings (Endeavor)(NYSE: EDR) for $775 million USD in total proceeds at an enterprise valuation of $850 million USD, including $655 million USD to Endeavor and a contribution of $120 million USD of capital to Endeavor Contents balance sheet (implying a post-money equity valuation of $970 million USD).

Key Points: 
  • CJ ENM, leading entertainment company originated from Korea, announced that they have entered into a definitive agreement to acquire an 80% stake of the scripted business of U.S.-based global premium content studio, Endeavor Content, from its parent company Endeavor Group Holdings (Endeavor)(NYSE: EDR) for $775 million USD in total proceeds at an enterprise valuation of $850 million USD, including $655 million USD to Endeavor and a contribution of $120 million USD of capital to Endeavor Contents balance sheet (implying a post-money equity valuation of $970 million USD).
  • Through acquisition of Endeavor Content, CJ ENM plans to solidify its presence in the global market and content distribution channels.
  • CJ ENM will also be able to expand its original IP collection to incorporate that of Endeavor Contents.
  • CJ ENM will also be able to further accelerate its penetration into the global content market by making full use of Endeavor Contents extensive network across various distribution channels.

CJ LiveCity to Break Ground for Korea’s No.1 Arena – the World’s First K-POP Dedicated Concert Hall, Creating a Landmark of the Cultural Content Industry

Retrieved on: 
Friday, October 29, 2021

Shin), a subsidiary of CJ ENM (KOSDAQ:035760), on 27th October, had a groundbreaking ceremony for its CJ LiveCity Arena, Koreas first and largest-scale arena, dedicated to K-Pop.

Key Points: 
  • Shin), a subsidiary of CJ ENM (KOSDAQ:035760), on 27th October, had a groundbreaking ceremony for its CJ LiveCity Arena, Koreas first and largest-scale arena, dedicated to K-Pop.
  • View the full release here: https://www.businesswire.com/news/home/20211029005131/en/
    Birds-eye view of CJ LiveCity Arena.
  • CJ LiveCity had a groundbreaking ceremony for its CJ LiveCity Arena, Koreas first and largest-scale arena, dedicated to K-Pop.
  • CJ LiveCity is to utilize Koreas IP in various fields including music, films, TV series and entertainment shows.

McDonald's Serves Up Fun To K-pop Fans As The KCON:TACT Season 2 Premier Sponsor

Retrieved on: 
Friday, October 16, 2020

Starting today through October 25, fans can experience KCON:TACT season 2, virtually, from their living room (or location of choice).

Key Points: 
  • Starting today through October 25, fans can experience KCON:TACT season 2, virtually, from their living room (or location of choice).
  • McDonald's has been a long-time sponsor of KCON with pop-ups at both the New York and Los Angeles events.
  • McDonald's was also the livestream sponsor, bringing the concert directly to fans watching at home.
  • The convention launched in 2012 with over 10,000 fans attending and has more than doubled annually since to over 158,000 fans.