S Korea's CJ ENM acquires 'La La Land' production company for 920 billion won
Nov 22, 2021
Seoul [South Korea], November 22 (ANI/Global Economic): CJ ENM spent almost 1 trillion won to acquire Endeavor Content, a production company of movie 'La La Land.' It is the largest M&A since CJ ENM started the film business. Through the acquisition, it is aiming to continue its super-gap capabilities with production bases and global distribution networks at the center of global pop culture industry.