Brief: CJ ENM, Its Unit Studio Dragon & Netflix Announce A Strategic Partnership
21/11/2019 18:54
Nov 21 (Reuters) - Netflix Inc NFLX.O :
* NETFLIX - CJ ENM & ITS UNIT STUDIO DRAGON & NETFLIX
ENTERED
STRATEGIC PARTNERSHIP, HIGHLIGHTED BY MULTI-YEAR CONTENT
PRODUCTION, DISTRIBUTION AGREEMENT
* NETFLIX - AS PART OF PARTNERSHIP, CJ ENM WILL HAVE THE
RIGHT TO
SELL UP TO 4.99% OF STUDIO DRAGON SHARES TO NETFLIX
* NETFLIX - WILL RECEIVE DISTRIBUTION RIGHTS TO SELECT
STUDIO
DRAGON TITLES UNDER PARTNERSHIP
Source text: (https://bit.ly/2OaRjTT)
Further company coverage: NFLX.O
((Reuters.Briefs@thomsonreuters.com;;))
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