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Studio Dragon information


Studio Dragon Corporation
Native name
스튜디오드래곤 주식회사
Company typePrivate subsidiary (2016–2017)
Public subsidiary (2017–present)
Traded as
KRX: 253450
KOSDAQ Component
IndustryDrama series
FoundedMay 3, 2016; 8 years ago (2016-05-03) in Seoul, South Korea
FounderCJ E&M
Headquarters
Unit 1701, 17th Floor, Dong-A Digital Media Center (DDMC), Maebongsan-ro 75, Sangam-dong, Mapo-gu, Seoul
,
South Korea
Area served
Worldwide
Key people
Kim Jae-hyun (CEO)[1][2]
Servicesdrama production
distribution
Total equity11 billion won (2016)
Owner
[a]
  • CJ ENM Co., Ltd.: 54.46%[2][3]
  • Naver Corporation: 6.25%[2][3][4]
  • Netflix Worldwide Production, LLC: 4.68%[3][5]
  • Fidelity Management & Research Co. LLC: 2.42%[2]
  • PineBridge Investments Asia Ltd.: 1.14%[2]
  • Samsung Asset Management Co., Ltd.: 0.90%[2]
  • Norges Bank Investment Management: 0.89%[2]
  • The Vanguard Group, Inc.: 0.64%[2]
  • Kim Sun-jung: 0.35%[2]
  • JPMorgan Asset Management (Asia Pacific) Ltd.: 0.29%[2]
  • Dimensional Fund Advisors, L.P.: 0.19%[2]
  • Other shareholders (including public stock): 27.79%
Number of employees
166,[2] as of June 2022
ParentCJ ENM Entertainment Division
Subsidiaries
  • Culture Depot[6][7]
  • Hwa&Dam Pictures[8][7]
  • KPJ Corporation[9][7]
  • GTist Co., Ltd.[10]
  • Gill Pictures Co., Ltd.[11]
Websitewww.studiodragon.net
Footnotes / references
[12][13]

Studio Dragon Corporation (Korean: 스튜디오드래곤 주식회사; RR: Seutyudiodeuraegon Jusikhoesa) is a South Korean drama production, marketing and distribution company under CJ ENM's Entertainment Division. It was established on May 3, 2016, as a spin-off from E&M's drama division.[14] In 2018, Studio Dragon became a subsidiary of CJ ENM after their previous parent company, CJ E&M, was merged into CJ ENM.

The company joined the KOSDAQ index of the Korea Exchange, the same index where its parent company is listed, through an initial public offering on November 24, 2017.[15][16][17]

Studio Dragon has partnered with Netflix to carry dozens of tvN dramas like Crash Landing on You and It's Okay to Not Be Okay on the platform. Their partnership was expected to expire in 2022 as CJ ENM, founder of Studio Dragon, has decided to focus on TVING following the merger with KT Seezn,[18] which also owned minority shares on KT StudioGenie, who founded the streaming platform Seezn [ko].[19]

  1. ^ 지, 승훈. "김영규 스튜디오드래곤 공동대표 사임..."사내 횡령 사고에 도의적 책임"". Naver News (in Korean). Retrieved 2023-06-26.
  2. ^ a b c d e f g h i j k l "STUDIO DRAGON CORPORATION". MarketScreener.com. Retrieved June 15, 2022.
  3. ^ a b c Kim Seul-gi (June 24, 2022). "스튜디오드래곤, '넷플릭스·네이버' 유치한 저력은" [Studio Dragon, the power of attracting Netflix, Naver]. The Bell (in Korean). Retrieved June 24, 2022.
  4. ^ (LEAD) Naver, CJ sign share-swap deal in strategic tie-up
  5. ^ "Netflix Signs Long-Term Partnership Deal with CJ ENM and Studio Dragon". Forbes.
  6. ^ (단독) CJ E&M, 전지현 소속사 문화창고 인수
  7. ^ a b c CJ E&M 드라마 제작사 '스튜디오드래곤' IPO 본격화
  8. ^ "CJ E&M, '문화창고', '화앤담픽쳐스' 연예기획사 2곳 지분 인수 추진". Archived from the original on 2017-03-23. Retrieved 2017-08-04.
  9. ^ CJ E&M 자회사 ‘스튜디오드래곤’, 제작사 ‘KPJ' 인수
  10. ^ "GTist, Production Company of 'Live' and 'The Crowned Clown', Strengthens its Content Competitiveness with Studio Dragon. : GTist". 13 April 2019.
  11. ^ Lee, Hazell (October 7, 2022). "Studio Dragon: Awaiting Full-fledged Benefits of Original Works". Business Korea. Retrieved October 9, 2022.
  12. ^ "About Us". Studio Dragon Corporation. Retrieved August 4, 2017.
  13. ^ "CJ E&M to divest drama production business into new wholly owned subsidiary". Reuters. Thomson Reuters. February 4, 2016. Archived from the original on August 12, 2017. Retrieved August 4, 2017.
  14. ^ CJ E&M, 드라마 전문 제작사‘스튜디오드래곤’설립
  15. ^ CJ그룹에도 직격탄, 스튜디오드래곤 IPO 불똥
  16. ^ 스튜디오드래곤·진에어·티슈진, 4분기 兆단위 IPO대어 주목
  17. ^ 몸값 1조' 스튜디오 드래곤, 24일 코스닥 상장
  18. ^ Brzeski, Patrick (July 18, 2022). "Korean Streamer TVING to Acquire Rival Seezn to Better Compete With Netflix, Disney+". The Hollywood Reporter. Retrieved July 23, 2022.
  19. ^ Frater, Patrick (March 22, 2022). "Korea's CJ ENM Pumps $82 Million Into Alliance With KT's Studio Genie". Variety. Retrieved August 25, 2022.


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