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 investment contract, will encompass both big and small screen content.
The alliance will cover film and TV projects that stem from the original intellectual property from both companies. With STUDIO&NEW’s production knowhow and Goldmoon’s content creation capabilities, the partnership, while will include a planned prequel series to the hit New World (2013), will seek to navigate the rapidly content creation waters, which now includes the exploding online streaming market.