Singapore – CJ E&M, has announced the launch of its latest venture, tvN Movies, world’s first & only Korean Blockbuster movie channel, in Singapore in January 2017, with AN expectation to launch in other major South-east Asian territories including Malaysia, the Philippines, Hong Kong and Indonesia in 2017. The service will be in 100% HD quality on Pay TV, VOD and OTT.
tvN Movies aims at giving an alternative choice of home-cinema to audience by featuring a unique mix of blockbuster, award-winning and all-time favourite Korean movies in all genres, including romance, comedy, action, thriller, drama and horror, round-the-clock. tvN Movies’ diverse library can easily fit every audience’s distinct palette.
tvN Movies has garnered of first & exclusive Pay TV rights in Southeast Asia for an impressive number of Top Grossing Korean films in 2016, namely, Train To Busan, A Violent Prosecutor, The Age of Shadows, Inside Men and Operation Chromite, specific territories apply. The five movies resulted in a combined gross box office of USD300 million and 43 million admissions in Korea alone. Other hit movies available on the channel include The Throne, A Man & A Woman, Time Renegades, Phantom Detective, One Way Trip, and Like for Likes, to name a few.
“The introduction of tvN Movies in Asia is a strategic move for CJ E&M to broaden its market reach by tapping on the rising trend of Korean movies, which is in high demand in the Southeast Asian region. By launching the world’s first & only Korean Blockbuster channel, we hope to expand our service offerings and, at the same time, deliver a unique and sophisticated Korean home-cinema experience to our viewers.” Samey Lee, CEO of CJ E&M HK remarked.
In 2015, Korea has become the world’s top 5 markets in terms of box office receipts, “I believe that it is time to bridge the gap between the market and its mass international audience starting with Southeast Asia via the establishment of tvN Movies” said Samey Lee. The channel strives to transform Korean movies into the mainstream market.