CJ Entertainment (Hangul: CJ 엔터테인먼트) is a South Korean film production and distribution company under CJ ENM Entertainment Division. The company operates as a film production company, film publishing house, investment and exhibition.
During early 1995, Cheil Jedang invested in the upstart film company DreamWorks SKG, and in June of the same year, Cheil Jedang established Multimedia Division. The division's later changed to CJ Entertainment in September, in time for their first film distribution deal with the movie Secrets and Lies. To aid their position in the film distribution industry CJ Entertainment built the first multiplexes of Korea with the first one, CGV Gangbyeon 11, opening in April 1998.
CJ Entertainment's importance in the Korean film industry grew in 1997–1998 when the nation was caught in the wave of the Asian financial crisis. Many smaller film companies had to close up, leaving the road open for CJ Entertainment to capitalize on the new-found popularity of Korean cinema brought on by the success of Shiri in 1999.
In January 2000, CJ Entertainment Inc was officially founded, and the first film Chunhyang to be distributed.
The success of their own films after the 2000 film Chunhyang, most notably Joint Security Area that broke the Korean box-office records previously set by Shiri, helped the company grow into one of the two largest film companies in the country along with Kang Woo-suk's Cinema Service. Lately CJ Entertainment has expanded into other fields of entertainment industry, including Internet and Cable TV businesses.
From 2007 until 2015, CJ Entertainment was the Korean distributor for films by Paramount Pictures, including films by DreamWorks which were bought by Paramount, as Universal Studios had taken over the Korean branch of its joint venture with Paramount, United International Pictures. CJ had already been distributing DreamWorks films for nearly a decade as a result of investing in the studio. It holds the highest market share among the distributors at 27.8 percent.[3]
In 2010, CJ Entertainment was merged with CJ Media, M-net Media, On Media and CJ Internet to form the entertainment & media subsidiary CJ E&M. Since then, CJ Entertainment operates as a company under CJ E&M.[4]
As July 2018, CJ Entertainment's parent company CJ E&M merged into new company CJ ENM as a result CJ Entertainment operates under the new company since then.
^Park, Soo-mee (20 January 2011). "Korean Box Office Cracks $1 Billion in 2010: Admissions were down almost 10 percent despite a 6.5 percent rise in revenue". Hollywood Reporter. Retrieved 2011-10-14.
^Kim, So-hyun (4 March 2013). "CJ rises as beacon of Korean food, shopping, pop culture". Korea Herald. Retrieved 4 March 2013.
External linksEdit
American website
September 22, 2023
entertainment, hangul, 엔터테인먼트, south, korean, film, production, distribution, company, under, entertainment, division, company, operates, film, production, company, film, publishing, house, investment, exhibition, typeprivate, subsidiaryindustryfilmpredecessor. CJ Entertainment Hangul CJ 엔터테인먼트 is a South Korean film production and distribution company under CJ ENM Entertainment Division The company operates as a film production company film publishing house investment and exhibition CJ Entertainment Inc TypePrivate SubsidiaryIndustryFilmPredecessorCinema ServiceFounded1995 28 years ago 1995 FounderCJ GroupNumber of locationsSeoul South KoreaKey peopleJinnie Choi general manager head of contents 1 ProductsMotion picturesServicesFilm distributionFilm productionRevenueUS 1 64 billion 2013 2 Operating incomeUS 47 million 2013 2 Net incomeUS 5 million 2013 2 Total assetsUS 2 12 billion 2013 2 Total equityUS 1 22 billion 2013 2 Number of employees2 233ParentCJ Group 1995 2011 CJ E amp M 2011 2018 CJ ENM 2018 present SubsidiariesFilament PicturesWebsitehttps ocean cjenm com en Contents 1 History 2 Films 3 See also 4 References 5 External linksHistory EditDuring early 1995 Cheil Jedang invested in the upstart film company DreamWorks SKG and in June of the same year Cheil Jedang established Multimedia Division The division s later changed to CJ Entertainment in September in time for their first film distribution deal with the movie Secrets and Lies To aid their position in the film distribution industry CJ Entertainment built the first multiplexes of Korea with the first one CGV Gangbyeon 11 opening in April 1998 CJ Entertainment s importance in the Korean film industry grew in 1997 1998 when the nation was caught in the wave of the Asian financial crisis Many smaller film companies had to close up leaving the road open for CJ Entertainment to capitalize on the new found popularity of Korean cinema brought on by the success of Shiri in 1999 In January 2000 CJ Entertainment Inc was officially founded and the first film Chunhyang to be distributed The success of their own films after the 2000 film Chunhyang most notably Joint Security Area that broke the Korean box office records previously set by Shiri helped the company grow into one of the two largest film companies in the country along with Kang Woo suk s Cinema Service Lately CJ Entertainment has expanded into other fields of entertainment industry including Internet and Cable TV businesses From 2007 until 2015 CJ Entertainment was the Korean distributor for films by Paramount Pictures including films by DreamWorks which were bought by Paramount as Universal Studios had taken over the Korean branch of its joint venture with Paramount United International Pictures CJ had already been distributing DreamWorks films for nearly a decade as a result of investing in the studio It holds the highest market share among the distributors at 27 8 percent 3 In 2010 CJ Entertainment was merged with CJ Media M net Media On Media and CJ Internet to form the entertainment amp media subsidiary CJ E amp M Since then CJ Entertainment operates as a company under CJ E amp M 4 As July 2018 CJ Entertainment s parent company CJ E amp M merged into new company CJ ENM as a result CJ Entertainment operates under the new company since then Films EditMain article List of CJ Entertainment filmsSee also EditList of Korean language films Cinema of Korea Contemporary culture of South KoreaReferences Edit CJ ENM 코로나 한파 속 콘텐츠 수장들 전면 교체 a b c d e Cj E amp M Corp 130960 Korea Exchange KOSDAQ businessweek com Retrieved 2014 04 25 dead link Park Soo mee 20 January 2011 Korean Box Office Cracks 1 Billion in 2010 Admissions were down almost 10 percent despite a 6 5 percent rise in revenue Hollywood Reporter Retrieved 2011 10 14 Kim So hyun 4 March 2013 CJ rises as beacon of Korean food shopping pop culture Korea Herald Retrieved 4 March 2013 External links EditAmerican website Retrieved from https en wikipedia org w index php title CJ Entertainment amp oldid 1147937176, wikipedia, wiki, book, books, library,
