SLL is strengthening its partnership with global production company Studio Slam. To this end, SLL announced on the 28th through a public disclosure that it will acquire additional shares of Studio Slam.
SLL invested in Studio Slam with a minority stake (3,000 shares, 23.1%) in 2021 and brought it in as an entertainment production label. SLL will acquire an additional 3,876 shares of Studio Slam, bringing its total to 6,786 shares, 52.9%, and become Studio Slam‘s largest shareholder. The acquisition price is approximately 11.51786 billion won, and SLL plans to acquire the remaining shares of Studio Slam in installments by 2029.
Studio Slam has proven global box office power and competitive entertainment formats, and based on these strengths, it is preparing a variety of new lineups in 2025, including Netflix’s ‘Black and White Chef: Culinary Class War Season 2’, ‘Crime Scene Zero’, JTBC‘s ‘Singer Again 4’, and ‘Top Class Makeup Survival - Just Makeup’ on a global platform.
In 2025, SLL and Studio Slam plan to strengthen their production capabilities for seasonal entertainment and audition programs, expand their IP business, and maximize content production efficiency. SLL will actively utilize Studio Slam’s entertainment production know-how to aggressively attack the global content market. In particular, based on SLL’s strategy of expanding its IP into various genres such as dramas, movies, and entertainment, it also plans to actively pursue strategic alliances with other industries such as commerce and K-POP.
SLL CEO Ki-yoon Yoon said, “Studio Slam is a company that continues to grow by constantly trying new formats such as cooking survival, role-playing mystery games, makeup survival, and assembly-type K-POP survival,” and “SLL and Studio Slam will collaborate with excellent creators to present fresh entertainment content that is competitive in the global market and develop new businesses based on this.”
In addition, on the 28th, SLL also announced the merger and absorption of its film production subsidiary Perfect Storm Film (CEO Myung-chan Kang). Perfect Storm Films was a wholly owned subsidiary of SLL, and the merger will reduce overlapping operating costs between the two companies, streamline the governance structure, and secure business competitiveness and management efficiency that will allow them to respond more nimbly to the rapidly changing global content market.
Perfect Storm Films has produced global hit films in various genres, including the films ‘Baekdusan’, ‘Hijacking’, and the Netflix original ‘Suriname’. The film ‘Killing Time’ is scheduled to be released in 2025.
Choi Yoon-na, Donga.com reporter yyynnn@donga.com
This article is automatically translated using Google AI. If you notice any inaccuracies, please let us know at allkstar@donga.com.