S. Korean CJ ENM and Warner Bros. are partnering up

[FWN Adm]

Warner Bros. Motion Pictures Group and S. Korea's CJ ENM have unveiled a deal to jointly develop, finance and distribute English-language and Korean-language feature remakes of each studio's films. The new agreement will see Warner Bros. become the lead studio on English language remakes originating from CJ ENM's library, while Miky Lee's CJ ENM will take the lead on Korean language movies drawn from the extensive Warner Bros. Pictures library.

"Miky Lee, CJ vice chairwoman, and the team at CJ ENM have built an enviable slate of films over its history to become a powerhouse producer of Korean cinema, with films that resonate with audiences across the globe. We are excited to have the opportunity to work with CJ ENM as we look to expand Warner Bros. Motion Picture Group's movies offerings around the world," Warner Bros. Motion Picture Group's co-chairs and CEOs Michael De Luca and Pam Abdy said in a statement on Tuesday.