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Korean Streamer wavve Targets Film Productions with $35 Million Equity Fund Jul 16, 2021

Broadcaster-Led Service Partners with C47 Investment to Finance Film Productionswavve, the streaming service run by broadcasters SBS, KBS, MBC and SK Telecom, is making a move into the film arena. The streaming service announced that it has partnered with C47 Investment to create a private equity fund worth KRW 40 billion (USD 35 million), which will be used to finance film productions.The full am...

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