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‘Parasite’ Studio CJ ENM Eyes Global Expansion Through Premium Content, Genre Diversity (EXCLUSIVE)
Korean entertainment major CJ ENM, the studio behind Oscar-winning 'Parasite,' is intensifying its strategy to expand its international footprint.
Korean entertainment powerhouse CJ ENM, the studio behind Oscar-winning “Parasite,” is intensifying its strategy to expand its international footprint while navigating a challenging media landscape where production budgets have been rising and traditional linear TV faces market headwinds. “We have really strong creators, especially writers and directors and producers … this system that’s been developed for many years,” said Jangho Seo, executive VP of CJ ENM’s content business division, speaking with Variety at Hong Kong FilMart. However, he believes audience tastes are becoming more global, creating new opportunities, such as “Mugen Loop,” a recently announced game show co-production with Japan’s TBS, based on an unscripted format developed by CJ ENM.
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