CJ E&M

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CJ E&M Corporation
Native name
씨제이이앤엠 주식회사
CJ E&M Jusikhoesa
Public jusik hoesa
Traded as KRX: 130960
(October 15, 2010)
Industry entertainment, media
Founded in Seoul, South Korea (September 15, 2010) (as O Media Holdings)
Headquarters CJ E&M Center, 66 Sangam-dong, Mapo-gu, Seoul, South Korea
Area served
worldwide
Key people
Chief Executive Officer:
Kim Sung-soo
Group President:
Lee Mi-kyung (Miky Lee)
Products music albums, films, K-pop products
Services production, broadcasting, distribution
Owner CJ Group (42.86%)
National Pension Service (7.32%)
Asset Plus Investment Management (4.27%)
Parent CJ Group
Website cjenm.com

CJ E&M Corporation (Hangul씨제이이앤엠 주식회사; RRCJ E&M Jusikhoesa), formerly O Media Holdings Limited (Hangul(주)오미디어홀딩스; RRJusikhoesa O Midieo Holdingseu) is a South Korean entertainment and media contents company. It is a subsidiary of the CJ Group.

History[edit]

In 2010, O Media Holdings was founded as a merger of the following companies: CJ Media, On-Media, Mnet Media, CJ Entertainment, CJ Games, CJ Internet, and the media division of CJ O Shopping.[1] In 2011 it changed its name to CJ E&M, short for CJ Entertainment and Media.

Divisions[edit]

Present[edit]

CJ E&M currently has four main divisions:

  • CJ E&M Broadcasting Division - owner of cable television channels
  • CJ E&M Film Division - producer and distributor of movies and some TV dramas
  • CJ E&M Music Performance Division - producer and distributor of music releases, also an agency for musicians and some actors
  • CJ E&M Smart Media Division - operator of various entertainment and media websites

Former[edit]

  • CJ E&M Game Division - publisher and developer of games - spun off in 2014 as an independent company named CJ Netmarble (Hangul씨제이넷마블; RRCJ Netmabul).[2]

Controversies[edit]

In April 2015, CJ E&M was accused of mobilizing young employees to fill the seats of its annual general meeting (AGM) of shareholders in an attempt to silence shareholders.[3]

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 March 1, 2016 after the court rejected CJ E&M's motion to dismiss the case.[4][5][6]

See also[edit]

References[edit]

  1. ^ Kim, Geun-woo (17 October 2010). "O Media Holdings - birth of a comprehensive media lord". Money Today. Retrieved 30 January 2016. 
  2. ^ Yoon, Sung-won (3 August 2014). "CJ E&M, Daum spin off game units". The Korea Times. Retrieved 30 January 2016. 
  3. ^ Lee, Tae-hoon (3 April 2015). "CJ E&M mobilizes employees to silence shareholders". The Korea Observer. Retrieved 4 April 2015. 
  4. ^ Jin, S. "CJ E&M Confronted with U.S. $50 Million Copyright Infringement Lawsuit". Koogle TV. Retrieved 20 December 2015. 
  5. ^ Kim Hoo-ran, Seo Jee-yeon. "CJ E&M faces $50m copyright lawsuit in U.S.". The Korea Herald. Herald Corporation. Retrieved 5 January 2017. 
  6. ^ "DFSB Kollective Co. Ltd. v. CJ E&M, Inc. et al". justia.com. Retrieved 5 January 2017. 

External links[edit]