Abbott Laboratories Ordered to Pay $53 Million in Premature Infant Formula Lawsuit 
Pony.ai, Uber, and Verne Launch Europe's First Commercial Robotaxi Service in Zagreb 
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes 
Chinese Brands Are Taking Over Brazil — And It's Just Getting Started 
U.S. Markets Post Strong Weekly Gains Despite Middle East Tensions and Rising Energy Prices 
Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028 
SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20 
Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs 
MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions 
Oil Prices Rebound as Hormuz Disruptions and Middle East Tensions Rattle Markets 
Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns 
FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase 
Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict 
Chinese Cars in Europe: Consumer Trust Is Shifting Fast 
Trump Slams Iran Over Strait of Hormuz Oil Restrictions Amid Fragile Ceasefire 
Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty 
CJ ENM South Korean mass media company, and NBC Universal’s Peacock over-the-top video streaming service have signed a deal for K-content. The former will be making its shows and films available to subscribers of the American OTT firm.
The Korean programs will be viewable on Peacock’s platform under the CJ ENM Picks category. The deal was announced by the company on Tuesday, Aug. 16. Peacock is owned and operated by NBCUniversal’s television and streaming division and this online streaming service is said to be popular in the European and North American regions.
Currently, Peacock has an estimated monthly active user of 28 million during the first quarter of the year. As per Korea Joongang Daily, based on the agreement, CJ ENM will be providing Peacock with 18 content that includes variety shows, dramas, and films this month. On September, 18 more titles would be added to the lineup, such as “Reply 1994” and “Cheese in the Trap” drama series.
“We can now present CJ ENM content through major North American platforms such as Pluto TV and Peacock,” CJ ENM’s content business unit head, Seo Jang Ho, said in a statement. “We plan to keep on not only creating content for the global market but also paving new global distribution networks.”
Another company official said, “We expect the partnership with NBCUniversal to significantly expand contact with viewers in North America.
The Korea Economic Daily reported that this agreement with Peacock is CJ ENM’s second OTT deal related to delivering Korean programs to overseas viewers through collaborations with local streaming service providers.
This is because CJ ENM has already signed a similar deal with another American entertainment firm, Paramount. Their contract was sealed earlier, in December of last year. The Korean mass media firm is also providing K-content to Paramount’s Pluto TV streaming service via the K-Content by CJ ENM category.
Meanwhile, even with these partnerships, CJ ENM still has plans to launch its own streaming platform in the United States. The company is looking to introduce TVing to American viewers next year.
