DramaFever and Korea’s CJ E&M Partner on Original Series Slate
Warner Bros.-owned, Asian-focused OTT platform DramaFever announced today that it has signed a three-year deal with Korean pop culture producer and distributor CJ E&M to produce a slate of original series through the latter’s production division Studio Dragon.
The deal was unveiled on Wednesday at the Broadcast World Wide convention in Seoul by Craig Hunegs, president of business and strategy for Warner Bros. Television Group. The news was first reported by Variety.
Under the terms of the deal, DramaFever and Studio Dragon will develop and produce two original dramas over the next two years.
It’s not the first partnership between DramaFever and CJ E&M. In July 2015, DramaFever signed a licensing deal with CJ E&M that included the exclusive distribution rights for eight Korean TV dramas and at least 10 feature films.
The deal resulted in last January’s launch of the the CJ E&M Movie Channel, featuring close to two dozen Korean films, subtitled in English, available exclusively to premium subscribers of DramaFever’s OTT video network in the U.S. and Canada.
Founded in 2009 by Seung Bak and Suk Park, DramaFever offers consumers SVOD access to content from more than 70 producers and broadcasters located in Asia, Europe and the Americas. The company was acquired by Japanese telecommunications giant SoftBank in 2014 and soon after began expanding its content offerings with original content and expanded licensing of European television programming. In February, Warner Bros. announced it was buying DramaFever from SoftBank.