SM C&C and Samhwa Networks Form Partnership to Enter Chinese Drama Market

[frantastic.livejournal.com]

Video content producer SM C&C and Korea’s top drama producing company Samhwa Networks have formed a partnership in order to enter the Chinese drama market.

The partnership between the two companies included an agreement to collaborate in producing dramas that appeal to the Chinese drama market. In addition, the official agreement included that both companies own 2 billion won (about 1,936,000 USD) of each companies’ treasury stocks. Furthermore, SM C&C gained 1.66% of Samhwa Networks’ share, while Samhwa Networks gained 0.76% of SM C&C’s share.

The collaboration between the two companies foreshadowed the upcoming dramas and contents that will be produced to target the Chinese audience. With Samhwa Network being Korea’s first and top drama producing company, the partnership between SM C&C and Samhwa Networks is one to anticipate.

As dramas such a “The Gu Family Book,” “King of Baking, Kim Tak Goo,” and “Glorious Days” were produced by Samhwa Networks, SM C&C’s collaboration with the company is expected to produced many more great dramas.

Source: enews24 via soompi

Comments

[toshi830.livejournal.com]

If it's anything like SM's Korean dramas though... To the Beautiful You was so so bad...

[anconeous.livejournal.com]

Miss Korea was pretty good, actually. So hopefully they make more dramas like that and less like TTBY.

[tsuyoi-hikari.livejournal.com]

Prime Minister & I was good (well, except the lame ending :() -- but that mostly because Lee Bumsoo was the lead..

[edanz-castle.livejournal.com]

I could barely finish To The Beautiful You.

[undeniablysarah.livejournal.com]

TTBY should have never happened. You just can't beat the Japanese version with Toma Ikuta.

[hawk-fry.livejournal.com]

I'm looking forward to this~ partly because I've never seen a Chinese drama and SM oppas and unnies hahaha

[hawk-fry.livejournal.com]

Zhou Mi's in it? Definitely checking that out. Thanks!

[hawk-fry.livejournal.com]

I've only seen him in a few things (his radio show and Global WGM) but I like him already

[rikayla.livejournal.com]

go watch "in time with you"! it's a taiwanese drama but it's SOOOOO good!

[hawk-fry.livejournal.com]

Thanks, I'll check it out!

[bebetama.livejournal.com]

Why not doing a partnership with a chinese producing company? It would be more efficient, no? Is SM being is diva self or no chinese company was interested? hmmm

[rikayla.livejournal.com]

ikr, that makes more sense...