Korea’s CJ ENM Completes Acquisition of Endeavor Content

South Korea’s CJ ENM Wednesday announced that it had completed the acquisition of an 80% stake in the scripted business of U.S.-based global premium content studio Endeavor Content. The deal, first announced in November, includes management rights and is valued at $785 million. The acquisition will give CJ ENM access to Endeavor Content’s portfolio covering a roster of talent and creators and a robust global distribution network, thus strengthening its global content production and multi-studio structure. Endeavor Content’s large library continues to expand, and the company expects to be involved in the production of more than 40 movies and series… Read Full Article