CJ ENM has entered into a definitive agreement to acquire an 80% stake of the scripted business of Endeavor Content from its parent company Endeavor Group Holdings for US$775 million in total proceeds.
The Scandinavian production company serves as the most recent European investment on Endeavor's behalf. Specializing in global dramas, the new venture is set to begin its operations this Autumn.
Endeavor Content Acquires Strategic Stake in Studio Known for “The Night Manager,” Fighting with My Family. Scripted Development Fund Set Up as The Ink Factory Aims to Grow US Market Presence.