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Inception Media Group Signs Distribution Agreement With CJ Entertainment America for High-End Asian Entertainment ContentInception Secures U.S. Rights to New Release Content Offered by Largest Korean Filmmaker and Distributor (October 29, 2012)
LOS ANGELES, CA -- (Marketwire) -- 10/29/12 -- Inception Media Group, LLC, a diversified media company specializing in the production, acquisition and distribution of entertainment content, today announced it has signed an agreement to be the U.S. home video and digital distributor of film and television programming from CJ Entertainment America, the U.S. division of Korea's largest provider of entertainment content.
Inception Media Group has been aggressively expanding its catalog of entertainment programming for home video, digital, VOD and television with long-term licenses across a variety of platforms.
CJ Entertainment & Media is a key force in popularizing contemporary Korean and Pan-Asian cinema around the world. Korean pop culture -- including films, music, food and fashion -- has so rapidly gained popularity in recent years in the U.S. and around the world that the media has coined a term to describe the phenomenon: hallyu (meaning "Korean Wave").
Upcoming releases through Inception Media Group will include I AM: SMTOWN Live World Tour in Madison Square Garden (Nov. 6); R2B: Return to Base, starring Jung Ji-hoon, aka "Rain" (Ninja Assassin, Speed Racer) and the critically acclaimed Masquerade (now in theaters -- having grossed more than $641,000 to date), starring Byung-hun Lee (the upcoming Red 2; the upcoming G.I. Joe: Retaliation; G.I. Joe: The Rise of Cobra; The Good, the Bad, the Weird; A Bittersweet Life), the critically acclaimed film in theaters now.
"There has been a growing demand for high-quality, live-action content from Korea, particularly among younger demographics," said David Borshell, partner, Inception Media Group. "Over the years, CJ Entertainment America has distinguished itself as a leading provider of top-quality, award-winning programming that has performed extremely well at retail and we look to build upon their prior successes."
Commented Sam Maseba, VP, non-theatrical distribution, CJ Entertainment America, "Inception has broad-based expertise in marketing popular specialty genres to the American market. This partnership enables us to effectively and efficiently expand the distribution of our unique film and television programming -- digitally and on DVD and Blu-ray -- to home entertainment retailers and consumers."
About CJ Entertainment America
Launched in 2005, CJ Entertainment America (CJ Ent.Am) is the U.S. arm of Asia's premier entertainment company and Korea's #1 filmmaker and distributor, CJ Entertainment & Media (CJ E&M). Since 1995, CJ E&M has provided original, award-winning content -- across an array of genres, including drama, comedy, action, sci-fi/horror and special interest -- for theatrical, television, DVD, digital download, interactive game publishing/portals and music. A prominent investor in entertainment co-ventures in overseas markets (including 1492 Pictures, DreamWorks and IMAX in the U.S.), CJ E&M also develops and operates 200 premium multiplex theater sites under the CGV Cinemas banner (including a flagship site in Los Angeles) and is a leading concert promoter, helping establish "K-pop" as a successful world music genre. The cornerstone of the Korean entertainment industry -- boasting the country's largest and most significant library, with hundreds of films -- CJ E&M is also a singular presence throughout Asia, Europe and in the States and a key force in popularizing contemporary Korean and Pan-Asian cinema around the world. Top films include My Way; The Man From Nowhere; The Good, the Bad, the Weird; A Bittersweet Life; Joint Security Area; and the Vengeance trilogy, to name a few. Visit us online at: www.cjent.co.kr/eng (English) or www.cjent.co.kr (Korean).
About Inception Media Group
Inception Media Group, LLC is based in Los Angeles and is a diversified media company specializing in the production, acquisition and distribution of motion pictures and other filmed entertainment across all media platforms and channels of distribution. Inception Media Group's management team has extensive relationships with exhibitors, retailers, distributors and technology companies, enabling the Company to maximize the services performed on behalf of its content partners. The company boasts a catalog of approximately 50 filmed entertainment properties and over 2,500 hours of digital content encompassing feature films, episodic television series, documentaries and special interest programming. Recently, Inception announced a multi-year license and distribution agreement with Smithsonian Channel. More information is available at www.inceptionmediagroup.com.
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