Endemol Shine Group and CJ E&M announced that they have entered a major international partnership. Under the deal, the two companies will jointly create, produce and distribute original formats and series for the worldwide marketplace. Endemol Shine Group will bring its global resources in development, production and distribution to the partnership, while CJ E&M will share its regional capabilities in content creation and production.
All revenues from IP created under the deal will be shared equally between CJ E&M and Endemol Shine Group. The partnership is led by DJ Lee, President of Media Contents Business at CJ E&M and Fotini Paraskakis, Managing Director of Asian Operations at Endemol Shine Group.