Lotte and Dexter Studios Forge NFT Partnership

Along With the Gods: The Two Worlds (2017)Lotte Cultureworks and Dexter Studios have signed a Memorandum of Understanding (MOU) to enter into a strategic partnership for the joint production and distribution of NFTs (non-fungible tokens) based on their intelle...

SPECIAL DELIVERY to Become First Korean Film to Experiment with NFTs

Next Entertainment World (NEW) will become the first Korean studio to experiment with non-fungible tokens (NFTs). The studio announced on December 20 that they would partner with Treasures Club, a company that specializes in NFT art, to create artwork inspired...

VFX Company eNgine Visual Wave Raised KRW 10 Billion for Metaverse

NEW Affiliate Invests in Cutting Edge VRVFX outfit eNgine Visual Wave, an affiliate of Korean content studio Next Entertainment World (NEW), has attracted investment worth KRW 10 billion (USD 8.55 million) to aid its metaverse development.The company, which re...

Studio & NEW Seals Pact with Disney+

Korean Studio to Develop Content for Disney Streaming PlatformStudio & NEW, the production arm of Korean studio Next Entertainment World (N.E.W.), announced that it has sealed a pact with global streamer Disney+. The deal covers a five year period and incl...

N.E.W. Films to Be Co-Financed by Library Pictures

Library Pictures, a US-based entity that finances content in the entertainment sector, has entered into a three-year pact with Next Entertainment World (N.E.W.) to co-finance a slate of Korean-language properties.The investment will cover films currently in pr...

KIM Young-jin Appointed as New KOFIC Chairman

Respected film critic, professor and programmer KIM Young-jin has been elected as the new chairperson of the Korean Film Council (KOFIC). He takes over from OH Seok-geun, who stepped down on January 7 after completing his three-year term as chairman. First est...

Coupang Play Fills Out Streaming Library with NEW Hits

Coupang Play, the new Korean streaming service which debuted just last month, has added a selection of hit titles from local studio Next Entertainment World (NEW). This deal follows quickly on the heels of a similar 51-title acquisition from Showbox earlier th...

PARK Hoon-jung and NEW to Partner on THE WITCH

Next Entertainment World (NEW) has confirmed that they have come on board as investor and distributor for The Witch 2, a sequel to the 2018 hit The Witch : Part 1. The Subversion, starring KIM Da-mi, CHO Min-soo and CHOI Woo-shik. The first film was financed a...

Director PARK Hoon-jung Inks Deal with STUDIO&NEW

STUDIO&NEW, a production arm of the major Korean investor and distributor Next Entertainment World (N.E.W.), has signed a pact with writer-director PARK Hoon-jung’s production company Goldmoon. The partnership, which will be supported by an equity investme...

CALL Books Netflix Release on November 27

The upcoming thriller CALL with PARK Shin-hye and JUN Jong-seo has become the latest mainstream Korean film to abandon a planned theatrical release in favor of a global streaming launch on Netflix. The streamer will debut the film online in its 190 markets on ...