American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
Australian Household Spending Dips in December as RBA Tightens Policy 
Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Samsung Electronics Shares Jump on HBM4 Mass Production Report 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
CJ ENM, a Korean entertainment company, is acquiring a controlling stake in Endeavor Content, the production company behind the popular musical film "La La Land" as well as "Manchester by the Sea" and "The Night Manager." The deal is worth ₩920 billion or around $775 million.
CJ ENM was reported to have signed an agreement for stock purchase that will give it an 80% stake in Endeavor Group Holdings' film and TV production company, Endeavor Content. The announcement about the acquisition was published last weekend.
Likewise, Endeavor Group will be handing over a majority share in its content studio to one of South Korea's leading companies that produced films, including "Parasite" and "Snowpiercer."
As mentioned in The Korea Times, the amount of the deal between CJ ENM and Endeavor values Endeavor Content at $850 million. Apparently, the latter will be retaining the remaining 20% stake in its content division and will also keep on managing its non-scripted and film sales unit.
It was reported that once the transactions are completed, CJ Group's entertainment arm, CJ ENM, will launch its global production base in the U.S. This plan will solidify Endeavor Content's distribution network.
In any case, as the Korean company will now own the majority stake, Endeavor is hoping they could maintain a collaborative relationship. CJ ENM is also expected to own the intellectual property rights (IP) of Endeavor's contents. The company may also use the American firm's contents for release on its TVing, an over-the-top (OTT) digital platform.
"We are excited to announce this deal with Endeavor Content, a company that is growing at a remarkable speed in the U.S. and European markets," CJ ENM chief executive officer, Kang Ho Sung, said in a press release. "We are confident that this deal will create synergy between both companies, globally acknowledged for their production capabilities and list of hit IP properties. At the end of the day, we strive to become a major global studio that encompasses content that appeals to a global audience – like this deal with Endeavor Content, we will continue to expand our presence in the global market."
