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Next Entertainment World
Next Entertainment World (, Acronym: NEW) is a South Korean media content production and distribution company. The film investment and distribution business was founded in 2008 by former Showbox president Kim Woo-taek. Seo Dong-wook and Jang Kyung-ik are the founding members of NEW. NEW has since evolved into a comprehensive entertainment company with subsidiaries venturing into other industries including music, sports, production, management, international distribution, and cinema. History Domeo Holdings was the name of the holding company established in 2008. In 2012, it changed its name after a merger through absorption with the wholly owned subsidiary Next Entertainment World. The music distribution corporation Music&NEW was established in 2012. In 2013, it surpassed CJ E&M and ranked first in terms of audience with the success of Miracle in Cell No. 7 (12.81 million viewers), Hide and Seek (5.6 million viewers), and New World (4.68 million viewers). In 2013, ...
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Joint-stock Company
A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited ...
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Jang Kyung-ik
Jang Kyung-ik () is a South Korean producer and entertainment executive. He is the founding member of Next Entertainment World (NEW) and former head of film division NEW as well as former CEO of its subsidiary Studio&NEW. In July 2024, CJ ENM has appointed Jang as CEO of its subsidiary Studio Dragon. Jang establishing himself as a content producer in South Korea after producing major hit with the drama ''Descendants of the Sun'', as well as film '' Miracle in Cell No. 7'' and ''Train to Busan'', which garnered 10 million viewers. Early life During his school days, Jang Kyung-ik didn't have specific dreams, but he had a deep passion for movies. He would rewatch films he liked, such as ''The Sound of Music'' and ''Graduation,'' multiple times. Instead of focusing on directors, he followed the performances of actors like Tom Hanks, Daniel Day-Lewis, and Meg Ryan. Jang's favorite movie is ''Chungking Express''. In his 20s, he struggled with self-image, finding his path in life, a ...
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Visual Effects
Visual effects (sometimes abbreviated as VFX) is the process by which imagery is created or manipulated outside the context of a live-action shot in filmmaking and video production. The integration of live-action footage and other live-action footage or CGI elements to create realistic imagery is called VFX. VFX involves the integration of live-action footage (which may include in-camera special effects) and generated-imagery (digital or optics, animals or creatures) which look realistic, but would be dangerous, expensive, impractical, time-consuming or impossible to capture on film. Visual effects using computer-generated imagery (CGI) have more recently become accessible to the independent filmmaker with the introduction of affordable and relatively easy-to-use animation and compositing software. History Early developments In 1857, Oscar Gustave Rejlander, Oscar Rejlander created the world's first "special effects" image by combining different sections of 32 negatives into ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land across an area of nearly , making it the list of countries and dependencies by area, third-largest country by land area. The country is divided into 33 Province-level divisions of China, province-level divisions: 22 provinces of China, provinces, 5 autonomous regions of China, autonomous regions, 4 direct-administered municipalities of China, municipalities, and 2 semi-autonomous special administrative regions. Beijing is the country's capital, while Shanghai is List of cities in China by population, its most populous city by urban area and largest financial center. Considered one of six ...
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KOSDAQ
The Korean Securities Dealers Automated Quotations (KOSDAQ; ) is a trading board of Korea Exchange (KRX) in South Korea established in 1996. Initially set up by Korea Financial Investment Association as an independent stock market from the Korean Stock Exchange, it was benchmarked from the American counterpart, NASDAQ. KOSDAQ is an electronic stock market, just like NASDAQ. The open hours for the market are 09:00AM to 03:30PM KST. It is now operated as SME Market Division of KRX. As of February 2021, 1476 companies are listed on KOSDAQ for trading. History In July 1986, The South Korean government passed the "Market Organization for Vitalization of Publicly Traded Assets for Small Businesses Act" in order to provide a way for small and intermediate businesses to raise capital through publicly traded shares, and to provide investors with new routes of investments. In April 1987, the Market Organization was achieved, and the first three companies were registered. On May 17, 199 ...
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New World (2013 Film)
''New World'' () is a 2013 South Korean epic crime film written and directed by Park Hoon-jung. It stars Lee Jung-jae, Choi Min-sik, Hwang Jung-min, and Park Sung-woong. In the film, Lee Ja-sung (Lee) struggles to balance his role as an undercover police officer with his rise in Korea's crime syndicate. Plot Lee Ja-Sung ( Lee Jung-jae) is an undercover police officer who has been working in Goldmoon International, South Korea's largest corporate crime syndicate. During his 8 years, he is constantly at risk of discovery. Chief Kang ( Choi Min-sik) promises to reassign Ja-Sung to an overseas position in the police force, but he continually delays his promise. When Ja-Sung threatens to quit the police force, Chief Kang threatens to leak his true identity to the crime syndicate, which would ensure his painful death. The chairman of Goldmoon dies in an accident, and two men fight to succeed him. Jung Chung is backed by the Chinese-descended Northmoon clan. Lee Joong-gu is backe ...
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Hide And Seek (2013 Film)
''Hide and Seek'' () is a 2013 South Korean horror- thriller film written and directed by Huh Jung in his feature directorial debut. It revolves around two families who believe strangers to be living and hiding in their homes, and struggle to fight back. There is a Chinese remake or adaptation of this movie with the same title. Plot A woman named Eun-Hye is stalked by a stranger who murders her in her apartment. Sung-soo is a successful businessman who lives with his wife Min-ji and two children, Ho-se and Soo-ha in a penthouse. Despite his good life, he's harboring a dark secret. He was adopted by a rich family and despises their biological son and older stepbrother, Baek Sung-Chul. He framed Sung-Chul for sexual assault out of disgust toward his skin rash. Since that day, he has constant nightmares about his brother and regularly takes drugs to overcome his guilt. One day, Sung-soo receives a phone call that his estranged brother is missing and goes to his brother's apartmen ...
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Miracle In Cell No
A miracle is an event that is inexplicable by natural or scientific lawsOne dictionary define"Miracle"as: "A surprising and welcome event that is not explicable by natural or scientific laws and is therefore considered to be the work of a divine agency." and accordingly gets attributed to some supernatural or praeternatural cause. Various religions often attribute a phenomenon characterized as miraculous to the actions of a supernatural being, (especially) a deity, a miracle worker, a saint, or a religious leader. Informally, English-speakers often use the word ''miracle'' to characterise any beneficial event that is statistically unlikely but not contrary to the laws of nature, such as surviving a natural disaster, or simply a "wonderful" occurrence, regardless of likelihood (e.g. "the miracle of childbirth"). Some coincidences may be seen as miracles. A true miracle would, by definition, be a non-natural phenomenon, leading many writers to dismiss miracles as physically i ...
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Mergers And Acquisitions
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorption, a merger, a tender offer or a hostile takeover. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is the legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. Most countries require mergers and acquisitions to comply with antitrust or competition law. In the United States, for example, the Cl ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share capital, stock of other companies to create a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding Share capital, stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' uses the term ''parent holding company''. Holding companies can be subsidiaries in a Subsidiary#Tiered subsidiaries, tiered structure. Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes ...
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Naver
Naver (; stylized as NAVER) is a South Korean online platform operated by the Naver Corporation. The company's products include a search engine, email hosting, blogs, maps, and mobile payment. History Naver was the first Korean web provider to develop its own search engine. The company was founded on June 2, 1999, and is headquartered in Seongnam, South Korea. Naver is a combination of 'navigate', which means to navigate the Internet, and the suffix '-er', which means person, which means a person who navigates the vast ocean of information on the Internet. The Naver provides community services including blogs and cafes, other convenient services such as knowledge, shopping, maps, books, e-mail and naver tool bar. In August 2000, Naver launched its 'comprehensive search' service, which allows users to get a variety of results from a single search query on one page, organized by type, including blogs, websites, images, and web communities. Naver became an early pioneer ...
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