Under the terms of the deal, Peacock subscribers will have access to enjoy CJ ENM’s large library of hit K-content including dramas, films, and unscripted entertainment content.
Banijay announced the acquisition of two formats coming from Korea: dating and relationship format “Exchange” from CJ ENM, and strategic competition series “Bloody Games” from MBC.
The agreement will allow Endeavor to retain 20% of the scripted side of the business, in addition to retaining the non-scripted division, as well as various documentary, film sales and financing consulting services.