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CJ ENM Entertainment Division

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CJ ENM E&M Division
CJ E&M
Native name
씨제이이앤엠
Company typeDivision
KRX: 130960
(15 October 2010 to 1 July 2018)
Industry
Predecessor
  • CJ O Shopping media division
  • CJ Media
  • On-Media
  • Mnet Media
  • CJ Entertainment
  • CJ Games
  • CJ Internet
FoundedMarch 1, 2011
FounderCJ Group
SuccessorCJ ENM
(as a standalone public company)
Headquarters
CJ E&M Center, Sangam Sanro 66, Mapo-gu, Seoul
,
South Korea
Area served
Worldwide
Key people
Kim Sung-su (CEO)[1]
Owneras of December 2017:[2]
  • CJ Group (39.36%)
  • Affiliated Persons (3.50%)
  • Treasury Stocks (0.41%)
  • Domestic Institution (12.83%)
  • Foreign investors (28.44%)
  • Others (15.45%)
Parent
Websitewww.cjem.net[a]

CJ E&M (Hangul: 씨제이이앤엠, an initialism for CJ Entertainment & Media) is a South Korean entertainment and mass media company created by CJ Group in 2011. As of July 2018, CJ E&M became a division of CJ ENM.

History

CJ E&M was established as O Media Holdings in 2010.

In 2011, the company renamed to CJ E&M (short for CJ Entertainment & Media) following the merger of seven CJ Group company : CJ Media, On-Media, Mnet Media, CJ Entertainment, CJ Games, CJ Internet, and the media division of CJ O Shopping.[3]

In 2016, CJ E&M sets up its South East Asia headquarter in Hong Kong in a bid to expand the group's major development plan in Asia.[4]

In 2018, CJ E&M established an office in Singapore to advance the company's channel distribution and advertising sales support in the region.[5] In May 2018, it was announced that CJ E&M and CJ O Shopping merged into new company CJ ENM (CJ Entertainment and Merchandising), which will be launched on July 1.[6][7]

Business

Present

Media Content – operating as a media company and television program production.[8]

Film – operating as a film production company, film publishing house, film investment production.

Music – operating as an artists management, record label, music production company, event management, concert production company, music publishing house and entertainment investment company.

Convention – operating as a concert production company, festival production and producing award event.[20]

  • MAMA
  • KCON
  • Valley Rock Music & Arts Festival
  • Get It Beauty CON
  • OLive CON

Performing Arts – operating as a theatrical production company.

Animation – operating as an animation production company, animation publishing house, animation investment production and merchandising animation content.

Media Solution – developing and producing marketing content and providing integrated marketing solutions.

Former

  • CJ E&M Game Division – publisher and developer of games – spun off in 2014 as an independent company named CJ Netmarble (Korean: 씨제이넷마블; RR: CJ Netmabul).[22]

* denotes a company wherein CJ ENM or any of its subsidiaries has a minority interest.

Controversies

In April 2015, CJ E&M was accused of mobilising young employees to fill the seats of its annual general meeting (AGM) of shareholders in an attempt to silence shareholders.[23]

In October 2015, CJ E&M and its US-based subsidiary CJ E&M America were sued by Seoul-based music agency DFSB Kollective for copyright infringement and violation of the Digital Millennium Copyright Act in the Central District Court of California, with the latter seeking to get $50 million. Responding to the suit, CJ E&M accused DFSB of being unhappy on the final decision on a similar lawsuit filed in Seoul in 2011. The first trial was set for 1 March 2016 after the court rejected CJ E&M's motion to dismiss the case.[24][25][26] En 2019 estuvo involucrado en escándalo de la cadena de series de supervivencia PRODUCE 101 de Mnet, por haber manipulado los votos de la alineación final de la ultima temporada PRODUCE X 101 y supuesta mente también en la temporada anterior PRODUCE 48, se llevo a cabo una investigación policial del caso ya que los internautas aseguraban que las primeras 2 temporadas también estarían manipuladas y por haber recibido sobornos en lugares para adultos por parte de algunas agencias. Mnet y CJ E&M negaron todo en un principio, la policía confirmo que las ultimas temporadas si estaban manipuladas y que seguirían investigando sobre las primeras. Todo este escándalo llevo a los grupos salidos de esta cadena activos X1 y IZ*ONE a suspender temporalmente sus actividades. El 30 de diciembre el CEO de CJ E&M se disculpo públicamente por sus acciones prometiendo compensar a todos los que fueron afectados y que X1 y IZ*ONE volverían a sus actividades. Pero el no cumplió sus promesas ya que unos días después el 6 de enero anunciaría la disolución oficial de X1, mientras que a IZ*ONE varios programas y cadenas no querían su presencia debido al escándalo. En marzo del 2020 medios y la policía aseguraban que CJ E&M aun no les pagaba lo que les correspondía a X1 por su tiempo activo. Actualmente Mnet y CJ E&M se encuentran bajo fuego por varias cosas .

See also

Notes

  1. ^ Formerly www.cjenm.com until July 1, 2018; the former domain is now under CJ ENM.

References

  1. ^ http://m.cjem.net/company/ir?no=05
  2. ^ "IR". m.cjem.net. Archived from the original on 2018-07-22. Retrieved 2018-07-22.
  3. ^ Kim, Geun-woo (17 October 2010). "O Media Holdings – birth of a comprehensive media lord". Money Today. Archived from the original on 2016-03-04. Retrieved 30 January 2016.
  4. ^ Staff, Writer (February 25, 2018). "CJ E&M sets up SEA HQ in Hong Kong". Marketing Magazine. Archived from the original on 2016-02-26. Retrieved February 25, 2016.
  5. ^ Joanna Padovano, Tong (January 26, 2018). "CJ E&M Opens New Office In Singapore". TV Asia. Archived from the original on 2018-01-26. Retrieved January 26, 2018.
  6. ^ "CJ오쇼핑·CJ E&M 합병법인 사명 'CJ ENM'으로". www.cj.net. Archived from the original on 2018-06-17. Retrieved 2018-12-20.
  7. ^ Kwon, Do-yeon (January 17, 2018). "CJ 오쇼핑-CJ E&M 합병, "글로벌 미디어커머스 플랫폼으로"". Bloter. Archived from the original on 2018-01-17. Retrieved January 17, 2018.
  8. ^ http://m.cjem.net/business/mediaContent
  9. ^ a b 채널CGV·수퍼액션, 3월부터 OCN무비·OCN스릴로 개명
  10. ^ "Studio Dragon". m.cjenm.com. Archived from the original on 2018-06-15. Retrieved 2018-06-15.
  11. ^ http://dart.fss.or.kr/dsaf001/main.do?rcpNo=20200331002251
  12. ^ 스튜디오드래곤, '나인' 작가 소속 메리카우 지분 19% 인수
  13. ^ https://finance.naver.com/item/coinfo.nhn?code=241840
  14. ^ "(주)스튜디오테이크원 [STUDIO TAKE ONE Co., Ltd.]". SaraminHR (in Korean). Retrieved February 19, 2020.
  15. ^ Korea’s CJ ENM Acquires Majority Stake In Swedish Distributor Eccho Rights
  16. ^ [시그널 CJ ENM, 덱스터 김용화 대표 지분 일부 80억원에 인수]
  17. ^ CJ E&M, 영화 제작에도 손댄다... JK필름 인수
  18. ^ Skydance Gets $275M Infusion From RedBird Capital & ‘Parasite’ Studio CJ, Raising Valuation To $2.3B
  19. ^ [공식 스튜디오드래곤, 영화 제작사 '무비락' 지분 인수.. 콘텐츠 제작 역량↑]
  20. ^ http://m.cjem.net/business/convention
  21. ^ "Bazooka". m.cjenm.com. Archived from the original on 2018-06-15. Retrieved 2018-06-15.
  22. ^ Yoon, Sung-won (3 August 2014). "CJ E&M, Daum spin off game units". The Korea Times. Archived from the original on 2016-03-04. Retrieved 30 January 2016.
  23. ^ Lee, Tae-hoon (3 April 2015). "CJ E&M mobilizes employees to silence shareholders". The Korea Observer. Archived from the original on 2015-04-05. Retrieved 4 April 2015.
  24. ^ Jin, S. "CJ E&M Confronted with U.S. $50 Million Copyright Infringement Lawsuit". Koogle TV. Archived from the original on 2015-12-22. Retrieved 20 December 2015.
  25. ^ Kim Hoo-ran, Seo Jee-yeon. "CJ E&M faces $50m copyright lawsuit in U.S." The Korea Herald. Herald Corporation. Archived from the original on 2017-01-05. Retrieved 5 January 2017.
  26. ^ "DFSB Kollective Co. Ltd. v. CJ E&M, Inc. et al". justia.com. Archived from the original on 2017-01-04. Retrieved 5 January 2017.
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