 | |
| Company type | Subsidiary |
|---|---|
| Industry | Film |
| Predecessor | Cinema Service |
| Founded | 1995; 31 years ago (1995) |
| Founder | CJ Group |
Number of locations | Seoul, South Korea |
Key people | Jinnie Choi (general manager/head of contents)[1] |
| Products | Motion pictures |
| Services | |
| Revenue |  US$ 1.64 billion(2013)[2] |
| US$ 47 million(2013)[2] | |
| US$ 5 million(2013)[2] | |
| Total assets | US$ 2.12 billion(2013)[2] |
| Total equity | US$ 1.22 billion(2013)[2] |
Number of employees | 2,233 |
| Parent | |
| Subsidiaries | Filament Pictures |
| Website | https://ocean.cjenm.com/en/ |
CJ ENM Films & Television, formerlyCJ Entertainment, (Korean: CJ 엔터테인먼트) is a South Korean entertainment, film production and distribution company, founded in 1995 under theCJ ENMEntertainment Division. The company operates as a film production company, film publishing house, investment and exhibition.
During early 1995, Cheil Jedang invested in the upstart film companyDreamWorks 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 movieSecrets and Lies. To aid their position in the film distribution industry CJ Entertainment built the firstmultiplexes 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 theAsian financial crisis. Many smaller film companies had to close up, leaving the road open for CJ Entertainment to capitalize on the new-found popularity ofKorean cinema brought on by the success ofShiri in 1999.
In January 2000, CJ Entertainment Inc was officially founded, and the first filmChunhyang to be distributed.
The success of their own films after the 2000 filmChunhyang, most notablyJoint Security Area that broke the Korean box-office records previously set byShiri, helped the company grow into one of the two largest film companies in the country along withKang Woo-suk'sCinema Service. Lately CJ Entertainment has expanded into other fields of entertainment industry, includingInternet andCable TV businesses.
From 2007 to 2015, CJ Entertainment was the Korean distributor for films byParamount Pictures, including films by DreamWorks which were bought by Paramount, asUniversal Studios had taken over the Korean branch of its joint venture with Paramount,United International Pictures. 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. CJ kept distributing Paramount's films in South Korea until 2015, whenLotte Entertainment took over distribution.[3]
In 2010, CJ Entertainment was merged with CJ Media, M-net Media, On Media and CJ Internet to form the entertainment & media subsidiaryCJ E&M. Since then, CJ Entertainment operates as a company under CJ E&M.[4]
As of July 2018, CJ Entertainment's parent company CJ E&M merged into new companyCJ ENM as a result CJ Entertainment operates under the new company since then.
Film distributors of South Korea | |
|---|---|
| International | |
|---|---|
| National | |
| Other | |
