CJ E&M

CJ ENM E&M Division
CJ E&M
Native name
 씨제이이앤엠
Division
Traded as KRX: 130960
(15 October 2010 to 1 July 2018)
Industry
Predecessor
  • CJ O Shopping media division
  • CJ Media
  • On-Media
  • Mnet Media
  • CJ Entertainment
  • CJ Games
  • CJ Internet
Successor CJ ENM
(as a standalone public company)
Founded March 1, 2011
Founder CJ Group
Headquarters CJ E&M Center, Sangam Sanro 66, Mapo-gu, Seoul, South Korea
Area served
 Worldwide
Key people
 Huh Min-ho (CEO)
Owner as of December 2017:[1]
  • CJ Group (39.36%)
  • Affiliated Persons (3.50%)
  • Treasury Stocks (0.41%)
  • Domestic Institution (12.83%)
  • Foreign investors (28.44%)
  • Others (15.45%)
Parent
Website m.cjem.net

CJ E&M (Hangul: 씨제이이앤엠, an acronym for CJ Entertainment & Media) is a South Korean entertainment and mass media company by CJ Group in 2011. As July 2018, CJ E&M became a division of the CJ ENM.

History

CJ E&M was established as O Media Holdings in 2010.

In 2011, the company renamed to CJ E&M (short for CJ Entertainment & Media) following the merger of seven CJ Group company : CJ Media, On-Media, Mnet Media, CJ Entertainment, CJ Games, CJ Internet, and the media division of CJ O Shopping.[2]

In 2016, CJ E&M sets up its South East Asia headquarter in Hong Kong in a bid to expand the group’s major development plan in Asia. [3]

In 2018, CJ E&M established an office in Singapore to advance the company’s channel distribution and advertising sales support in the region.[4] In May 2018, it was announced that CJ E&M and CJ O Shopping merged into new company CJ ENM (CJ Entertainment and Merchandising), which will be launched on July 1.[5][6]

Business

Present

CJ E&M currently has seven main divisions[7]

  • CJ E&M Media Content Division - operating as a media company and television program production.[8]
  • CJ E&M Film Business Division (operation as CJ Entertainment) - operating as a film production company, film publishing house, film investment production.
  • CJ E&M Music Content Division (operation as Stone Music Entertainment) - operating as a artists management, record label, music production company, event management, concert production company, music publishing house and entertainment investment company.
  • CJ E&M Convention Division - operating as a concert production company, festival production and producing award event.[10]
    • MAMA
    • KCON
    • Valley Rock Music & Arts Festival
    • Get It Beauty CON
    • OLive CON
  • CJ E&M Performing Arts Division - operating as a theatrical production company.
  • CJ E&M Animation Division - operating as a animation production company, animation publishing house, animation investment production and merchandising animation content.
  • CJ E&M Media Solution Division - developing and producing marketing content and providing integrated marketing solutions.

Former

  • CJ E&M Game Division - publisher and developer of games - spun off in 2014 as an independent company named CJ Netmarble (Hangul: 씨제이넷마블; RR: CJ Netmabul).[12]

Controversies

In April 2015, CJ E&M was accused of mobilising young employees to fill the seats of its annual general meeting (AGM) of shareholders in an attempt to silence shareholders.[13]

In October 2015, CJ E&M and its US-based subsidiary CJ E&M America were sued by Seoul-based music agency DFSB Kollective for copyright infringement and violation of the Digital Millennium Copyright Act in the Central District Court of California, with the latter seeking to get $50 million. Responding to the suit, CJ E&M accused DFSB of being unhappy on the final decision on a similar lawsuit filed in Seoul in 2011. The first trial was set for 1 March 2016 after the court rejected CJ E&M's motion to dismiss the case.[14][15][16]

See also

References

  1. ↑ http://m.cjem.net/company/ir?no=03
  2. ↑ Kim, Geun-woo (17 October 2010). "O Media Holdings - birth of a comprehensive media lord". Money Today. Retrieved 30 January 2016.
  3. ↑ Staff, Writer (February 25, 2018). "CJ E&M sets up SEA HQ in Hong Kong". Marketing Magazine. Retrieved February 25, 2016.
  4. ↑ Joanna Padovano, Tong (January 26, 2018). "CJ E&M Opens New Office In Singapore". TV Asia. Retrieved January 26, 2018.
  5. ↑ http://m.cj.net/cj_now/view.asp?bs_seq=13885&schBsTp=1
  6. ↑ Kwon, Do-yeon (January 17, 2018). "CJ 오쇼핑-CJ E&M 합병, "글로벌 미디어커머스 플랫폼으로"". Bloter. Retrieved January 17, 2018.
  7. ↑ http://m.cjenm.com/company/overview
  8. ↑ http://m.cjenm.com/business/mediaContent/channels
  9. ↑ http://m.cjenm.com/business/mediaContent/studiodragon
  10. ↑ http://m.cjenm.com/business/convention
  11. ↑ http://m.cjenm.com/business/en/animation/bazooka.jsp
  12. ↑ Yoon, Sung-won (3 August 2014). "CJ E&M, Daum spin off game units". The Korea Times. Retrieved 30 January 2016.
  13. ↑ Lee, Tae-hoon (3 April 2015). "CJ E&M mobilizes employees to silence shareholders". The Korea Observer. Retrieved 4 April 2015.
  14. ↑ Jin, S. "CJ E&M Confronted with U.S. $50 Million Copyright Infringement Lawsuit". Koogle TV. Retrieved 20 December 2015.
  15. ↑ Kim Hoo-ran, Seo Jee-yeon. "CJ E&M faces $50m copyright lawsuit in U.S." The Korea Herald. Herald Corporation. Retrieved 5 January 2017.
  16. ↑ "DFSB Kollective Co. Ltd. v. CJ E&M, Inc. et al". justia.com. Retrieved 5 January 2017.
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