Korea’s starring intermezo company, CJ ENM has appointed Choi Ju-hui arsenic CEO of nan TVing streaming work successful which it has a controlling stake, pursuing nan caller resignation of CEO Jay Yang. Choi becomes nan first female CEO successful nan Korean OTT level business.
Choi’s assignment besides follows completion of nan merger betwixt TVing and Seezn, a smaller streamer antecedently owned by section telco giant, KT Corp. The merger is expected to bring costs savings successful trading and customer acquisition, benefitting from KT’s web of 14 cardinal subscribers.
Choi brings a wealthiness of activity acquisition from nan IT industry. She held cardinal positions successful Korean e-commerce companies, W Concept and Trenbe, a luxury equipment online unit startup. Prior to these roles, Choi was besides portion of nan Boston Consulting Group and Walt Disney Korea, managing nan Asian business strategy astatine nan clip that Disney+ was launched successful Korea.
CJ ENM besides named Kim Ji-won arsenic nan caller caput of Mnet Plus Business, a K-pop civilization level launched past year, offering K-pop originals from Mnet Music and KCON, and fan-artist interactions. Kim antecedently held roles astatine Samsung Electronics, LG Electronics and NCSOFT.
“The caller activity announcement is aligned pinch CJ ENM’s imagination to go a world IP powerhouse. In summation to securing value IPs backed by coagulated accumulation capabilities, we are expanding our attraction to fortify our level business to heighten competitiveness,” said a institution spokesperson.
Tving, which is already nan Korean location for Paramount+, will activity pinch nan American patient for upcoming projects including action thriller, “A Bloody Lucky Day” and play drama, “Queen Woo.”