Squid Game’s Lee Jung Jae secures 18 billion KRW funding to expand into drama production; know more
Artist Company, co-based mostly by Lee Jung Jae, secured most critical collaboration funding from MBN for a joint undertaking. Here's what every person knows about the partnership.
Lee Jung Jae’s company, Artist Company, fair not too long ago secured a winning deal with Maekyung Media Personnel (which entails MBN), as reported by Adequate-media outlet Maeil Enterprise Newspaper on April 22. The firm bought a huge investment of 18 billion KRW (approximately 13 million USD). This most critical funding not most efficient secures the company’s future but also potentially paves the trend for larger productions, which might outcome in increased earnings.
On April 22, Artist Company and Maekyung Media Personnel confirmed the completion of their investment deal by regulatory filings, formalizing their strategic partnership. The collaboration aimed to focal level on the realm Adequate-swear market and manufacture and broadcast queer projects. Reportedly, Lee Jung Jae’s Artist Company will now collaborate with MBN to fetch a complete “all-in-one machine” for production, distribution, and broadcasting.
If this partnership proves to successfully produce its target, they are anticipated to set up themselves as a most critical power in Korean swear, potentially on par with Studio Dragon. The Squid Game star’s company also commented on the strategic union with MBN and cited their subsequent plans. A advisor of Artist Company acknowledged, “The investment value 18 billion received has laid a really essential foundation for extra strengthening swear competitiveness.”
Provided that Lee Jun Jae is reportedly at demonstrate the ideal-paid Korean actor, the 18 billion KRW investment might extra enlarge his career and projects. Confirming their first collaborative work, they acknowledged, “We are in a position to continue to manufacture groundbreaking and inventive works starting up with First Girl in the second half of the yr to take accountability for traits in the Adequate-swear market.” The drama stars Eugene, Ji Hyun Woo and Lee Min Young in lead roles and is written by the author of Dream High 2, Kim Hyung Wan. It is miles slated to premiere on MBN in unhurried 2025.
The legend centers around a dramatic house the set up the president requests a divorce from his associate moral as she’s about to turn into the First Girl. Given its proficient forged and bright storyline, the sequence is at possibility of fetch larger and generate most critical income. As MBN Studio steps up its sport to manufacture globally aggressive dramas with Artist Company, this might also be attention-grabbing to glance if it’ll assemble a most critical affect and join Korea’s prime-tier swear creators.
Source credit : pinkvilla
