JTBC Studios to invest in wiip.

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.