CJ Entertainment (

Hangul The Korean alphabet, known as Hangul, . Hangul may also be written as following South Korea's standard Romanization. ( ) in South Korea and Chosŏn'gŭl in North Korea, is the modern official writing system for the Korean language. The l ...

: CJ 엔터테인먼트) is a South Korean film production and distribution company under

CJ ENM CJ ENM (, CJ Entertainment aNd Merchandising) is a South Korean entertainment and retail company founded in 2018. CJ ENM was established as a result of the merger of two CJ Group subsidiaries, CJ E&M and CJ O Shopping respectively, in July 20 ...

. The company operates as a film production company, film publishing house, investment and exhibition.

History

During early 1995, Cheil Jedang invested in the upstart film company DreamWorks SKG, and in June of the same year, Cheil Jedang established Multimedia Division. The division's later changed to CJ Entertainment in September, in time for their first film distribution deal with the movie '' Secrets and Lies''. To aid their position in the film distribution industry CJ Entertainment built the first

multiplexes In telecommunications and computer networking, multiplexing (sometimes contracted to muxing) is a method by which multiple analog or digital signals are combined into one signal over a shared medium. The aim is to share a scarce resource - a ...

of Korea with the first one, CGV Gangbyeon 11, opening in April 1998. CJ Entertainment's importance in the Korean film industry grew in 1997–1998 when the nation was caught in the wave of the

Asian financial crisis The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998– ...

. Many smaller film companies had to close up, leaving the road open for CJ Entertainment to capitalize on the new-found popularity of

Korean cinema The term "Cinema of Korea" (or "Korean cinema") encompasses the motion picture industries of North and South Korea. As with all aspects of Korean life during the past century, the film industry has often been at the mercy of political events, ...

brought on by the success of '' Shiri'' in 1999. In January 2000, CJ Entertainment Inc was officially founded, and the first film '' Chunhyang'' to be distributed. The success of their own films after the 2000 film ''Chunhyang'', most notably ''

Joint Security Area The Joint Security Area (JSA, often referred to as the Truce Village or Panmunjom) is the only portion of the Korean Demilitarized Zone (DMZ) where North and South Korean forces stand face-to-face. The JSA is used by the two Koreas for dipl ...

'' that broke the Korean box-office records previously set by ''Shiri'', helped the company grow into one of the two largest film companies in the country along with

Kang Woo-suk Kang Woo-suk (born November 10, 1960 in Gyeongsan) is a South Korean film producer and director. He has often been called the most powerful man in Korean cinema, topping Cine21 magazine's list of '50 Most Powerful Men in Korean Cinema' for sev ...

Cinema Service Cinema Service () was a South Korean film production and distribution company. History The company was founded in 1993 by film director Kang Woo-suk as "Kang Woo-suk Productions", before taking the name Cinema Service in 1995. It survived durin ...

. Lately CJ Entertainment has expanded into other fields of entertainment industry, including

Internet The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a '' network of networks'' that consists of private, p ...

and

Cable TV Cable television is a system of delivering television programming to consumers via radio frequency (RF) signals transmitted through coaxial cables, or in more recent systems, light pulses through fibre-optic cables. This contrasts with broa ...

businesses. From 2007 until 2015, CJ Entertainment was the Korean distributor for films by

Paramount Pictures Paramount Pictures Corporation is an American film and television production company, production and Distribution (marketing), distribution company and the main namesake division of Paramount Global (formerly ViacomCBS). It is the fifth-oldes ...

, including films by DreamWorks which were bought by Paramount, as

Universal Studios Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...

had taken over the Korean branch of its joint venture with Paramount,

United International Pictures United International Pictures (UIP) is a joint venture of Paramount Pictures and Universal Pictures that distributes their films outside the United States and Canada. UIP also had international distribution rights to certain Metro-Goldwyn-Mayer an ...

. CJ had already been distributing DreamWorks films for nearly a decade as a result of investing in the studio. It holds the highest market share among the distributors at 27.8 percent. In 2010, CJ Entertainment was merged with CJ Media, M-net Media, On Media and CJ Internet to form the entertainment & media subsidiary CJ E&M. Since then, CJ Entertainment operates as a company under CJ E&M. As July 2018, CJ Entertainment's parent company CJ E&M merged into new company CJ ENM as a result CJ Entertainment operates under the new company since then.

Films

References

External links

American website
{{Authority control Film distributors of South Korea Film production companies of South Korea Mass media companies established in 1995 Companies based in Seoul South Korean companies established in 1995

History

Films

See also

References

External links