Five Korean companies spanning the tech, gaming and entertainment sectors have banded together to build a large production studio and complex in Gyeonggi Province. The backers of the project include YN Culture&Space (YN C&S), an affiliate of YG Entertainment, portal site giant Naver, gaming company Nexon, VFX and production company Wysiwyg Studios and their subsidiary NP.The Immersive Digi...
SM Entertainment (SM) has acquired a conCulture stake in one of the largest actor management companies in South Korea. On March 14, SM Entertainment revealed in a regulatory filing that it had acquired BAE Yong-joon's talent management agency KeyEast through a purchase of stocks worth KRW 50 billion (USD $46 million). The transaction gives SM Entertainment a 25.12% stake in KeyEast and makes K...
Korea’s leading management agency YG Entertainment and global streaming giant Netflix announced the launch of Netflix original sitcom series, YG Future Strategy Office (FSO). In this comedy drama, a fictionalized version of the YG office will serve as the background setting for real characters and real events. It will feature YG entertainers, including BIGBANG’s SEUNG Ri, YOO Byung-jae, Dae-sung a...