{"id":15487,"date":"2020-02-11T23:30:33","date_gmt":"2020-02-11T22:30:33","guid":{"rendered":"https:\/\/eastwind.es\/marketing\/en\/?p=15487"},"modified":"2020-02-12T10:04:49","modified_gmt":"2020-02-12T09:04:49","slug":"south-korean-studio-behind-oscarized-parasites-invest-in-skydance-media","status":"publish","type":"post","link":"https:\/\/eastwind.es\/marketing\/en\/south-korean-studio-behind-oscarized-parasites-invest-in-skydance-media\/","title":{"rendered":"South Korean studio behind oscarized Parasites invests in Skydance Media"},"content":{"rendered":"

South Korean studio CJ ENM has partnered with Red Bird to invest in Skydance Media, the fully diversified global media company established by David Ellison in 2010. The US-Korean investment amounts to $275 million.<\/p>\n

Partnering with RedBird and CJ ENM (and its production subsidiary Studio Dragon) will serve to further expand the Company\u2019s global reach across its film, television, animation and interactive platforms. Skydance\u2019s current investor base, including the Ellison family and Tencent Holdings Ltd., also participated in the investment round.<\/p>\n

Through this partnership with leading entertainment company CJ ENM and Studio Dragon, Skydance will collaborate across both studios\u2019 vast libraries to create compelling stories that appeal to a global audience in addition to strengthening its presence within the APAC region.
\nIn just 10 years, Skydance has produced some of the most successful action-adventure movies of all time with more than $5.8 billion in worldwide box office to date.<\/p>\n

\"\"<\/a>
David Ellison (Founder and CEO Skydance Media). \u00a9 Skydance Media through BusinessWire.<\/span><\/figcaption><\/figure>\n

\u201cWe are honored to partner with RedBird Capital and CJ ENM. These are sophisticated strategic partners who believe in our creative vision and our ambitious strategy to build the studio of the future,\u201d said David Ellison, Skydance Media Founder and CEO and Jesse Sisgold, Skydance Media President and COO. \u201cTheir partnership will help propel us to another decade of exponential growth as we look to shape the future of where entertainment is heading.\u201d<\/p>\n

Very recently Skydance launched a New Media division to reach gamers and non-gamers with story-focused experiences on emerging platforms. In 2017, the Company formed Skydance Animation and is set to produce a slate of original animated programming for both film and television.
\nSkydance Interactive launched in 2016 to create and publish original and IP-based virtual reality video games; its library includes the survival- horror game The Walking Dead: Saints and Sinners and the mech-shooter Archangel: Hellfire.<\/p>\n

In 2017, Skydance formed an animation division to develop and produce a slate of high-end feature films and television series. The first slated movie is Luck.<\/p>\n

This year, the studio has five feature films slated to premiere, including Top Gun: Maverick, The Old Guard, Without Remorse, Snake Eyes and The Tomorrow War and begins production on the seventh and eighth installments in the immensely popular Mission: Impossible film series. Its robust television slate includes six series across various networks, platforms and streamers, including Grace and Frankie (making history as the longest running show on Netflix), Altered Carbon, Condor, Tom Clancy\u2019s Jack Ryan, Foundation and Jack Reacher.<\/p>\n

\u00abWe are thrilled to be partnering with Skydance Media along with RedBird Capital, Tencent and the Ellison family,\u201d said Min Heoi Heo, CEO of CJ ENM. \u201cCJ is singularly focused on strengthening borderless content to attract global audiences. With partners who share our vision, together we will create exceptional content to define the next chapter of the entertainment industry.\u201d<\/p>\n

CJ ENM is Asia\u2019s leading entertainment and merchandising company headquartered in Seoul, Korea. Its entertainment division engages in a wide array of businesses across the industry spectrum including media content, music, film (CJ Entertainment), performing arts, and animation, providing its top-notch original content to various media platforms. CJ ENM has taken part in globally acclaimed content including the Academy Award-winning film Parasite, the Tony Award-winning musical Kinky Boots, record-breaking box office hits Roaring Currents, Extreme Job, Ode to My Father, along with sought-after television series such as Crash Landing On You, Mr. Sunshine, Guardian: The Lonely and Great God, Grandpas Over Flowers, I Can See Your Voice and more. To offer the best K-culture experiences worldwide, CJ ENM presents KCON, the world\u2019s largest fan festival celebrating Hallyu and Mnet Asian Music Awards (MAMA), Asia’s largest music awards. With regional offices in Asia, Europe and the U.S., CJ ENM currently employs over 3,600 people.<\/p>\n

\"\"<\/a>
\u00a9 CJ ENM<\/span><\/figcaption><\/figure>\n

Studio Dragon is Korea’s first and largest scripted television studio. The company\u2019s capabilities encompass all stages of the scripted television business, ranging from planning\/development to financing, production and distribution. Studio Dragon has created over 160 premium quality series through its creative team, which includes a network of the leading writers, directors, and producers in Korea. In 2019, Studio Dragon has produced more than 25 scripted television series, equivalent to 500+ hours of running time.<\/p>\n

\u201cAs the media entertainment landscape continues to evolve against the backdrop of a transformational<\/p>\n

\"\"<\/a>
\u00a9 Redbird<\/figcaption><\/figure>\n

distribution ecosystem, I can\u2019t think of a more compelling pure play content company than Skydance Media,\u201d said Gerry Cardinale, Founder and Managing Partner, RedBird Capital Partners. \u201cUnder David\u2019s leadership and strategic vision, Skydance has established a diversified content creation platform that prioritizes world class production and original content generation with financial discipline and a focus on building equity value for the long term. We look forward to working with CJ ENM, Tencent and the Ellison family to help Skydance reach its tremendous potential.\u201d<\/p>\n

RedBird Capital Partners is a principal investment firm which provides flexible, long-term capital to help entrepreneurs grow their businesses. RedBird seeks investment opportunities in growth-oriented private companies where its long-term capital, investor network and strategic relationships enable business owners to achieve their corporate objectives. Founded by former Goldman Sachs Partner Gerald Cardinale, RedBird has over $3.0 Bn of equity under management to support its entrepreneur-led platforms.<\/p>\n

Image over the headline.-<\/strong>\u00a0Skydance Media.\u00a9 Skydance Media<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

South Korean studio CJ ENM has partnered with Red Bird to invest in Skydance Media, the fully diversified global media company established by David Ellison in 2010. The US-Korean investment amounts to $275 million. Partnering with RedBird and CJ ENM (and its production subsidiary Studio Dragon) will serve to further expand the Company\u2019s global reach …<\/p>\n

South Korean studio behind oscarized Parasites invests in Skydance Media<\/span> Leer m\u00e1s »<\/a><\/p>\n","protected":false},"author":8,"featured_media":15491,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[3],"tags":[10404,10403,10406,10402,10405,4813],"yst_prominent_words":[],"_links":{"self":[{"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/posts\/15487"}],"collection":[{"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/comments?post=15487"}],"version-history":[{"count":0,"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/posts\/15487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/media\/15491"}],"wp:attachment":[{"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/media?parent=15487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/categories?post=15487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/tags?post=15487"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/eastwind.es\/marketing\/wp-json\/wp\/v2\/yst_prominent_words?post=15487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}