Announced
Financials
Sources
Tags
Pending
Majority
Entertainment
Private Equity
Single Bidder
entertainment production
Acquisition
Cross Border
Private
United States
Friendly
Synopsis
JTBC Studios, a South Korean nationwide pay television network, agreed to invest in wiip, a movie studio. Financial terms were not disclosed. "We couldn’t be more thrilled to see our partners at JTBC Studios recognize the tremendous creativity coming out of wiip and significantly increase their investment. We look forward to doing more business together in the US, Korea and the rest of the world to attract the highest level of talent together," Paul Lee, wiip CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.