South Korean studio CJ ENM has entered right into a MOU with Saudi Arabian content material firm Manga Productions to collectively co-produce and distribute content material.
The deal covers content material throughout all areas of media and leisure, together with animation, TV sequence, movies, webtoons and infrastructure. The 2 firms mentioned their partnership additionally goals to mutually improve abilities and human sources.
Manga Productions focuses on the manufacturing and distribution of animations and video games and is increasing its portfolio of collaborations with varied companions in Asia. The corporate is co-producing movies with Japanese animation studio Toei Animation, together with Shizuno Kobun’s The Journey.
Manga Productions CEO Dr. Essam Bukhary mentioned the deal, “would allow the 2 inventive forces to merge and supply distinctive leisure content material to audiences worldwide. The partnership can be a vital alternative to succeed in Korean audiences with wealthy Saudi content material for the primary time by way of CJ ENM and introduce Korean inventive contents to the Arab world.”
Koo Chang-gun, CEO of CJ ENM, mentioned: “By this partnership with Manga Productions, the main content material firm of the Center East, CJ ENM goals to speed up its entry into the Center Jap market and spearhead the enlargement of Okay-culture throughout the Center East. By combining the experience of each events, we are going to produce content material that appeals to a world viewers and advance our cultural partnership with Saudi Arabia.”
CJ ENM beforehand signed a MOU with the Saudi Arabian Ministry of Tradition in June 2022 to strengthen cultural ties. The Korean studio has since held Okay-culture pageant KCON for 2 consecutive years.
