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 le ...
: 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 DreamWorks may refer to:
* DreamWorks Pictures, an American film production company of Amblin
** DreamWorks Television, an American television production company and division of the film studio
** DreamWorks Records, an American record label and f ...
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 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's
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 dur ...
. 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, pub ...
and
Cable TV businesses.
From 2007 until 2015, CJ Entertainment was the Korean distributor for films by
Paramount Pictures, 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
See also
*
List of Korean-language films
This is a partial list of Korean-language films:
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See also
*Contemporary culture of South Korea
* Contemporary culture of North Korea ...
*
Cinema of Korea
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, ...
*
Contemporary culture of South Korea
The contemporary culture of South Korea developed from the traditional culture of Korea which was prevalent in the early Korean nomadic tribes. By maintaining thousands of years of ancient Korean culture, with influence from ancient Chinese cul ...
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