Mergers & Acquisitions Mergers & Acquisitions

South Korea's CJ ENM, SK Square set stage for major video-streaming merger, eyeing competition with Netflix

By Jenny Lee
  • 05 Dec 2023 06:28
  • 05 Dec 2023 06:28
South Korea's CJ ENM and SK Square have officially inked a memorandum of understanding, or MOU, to pursue a merger between their respective video-streaming services, Tving and Wavve, a move that could bring a substantial shift in the competitive dynamics of the country's streaming market.
The two companies signed the

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Jenny Lee


Jenny joined MLex’s Seoul bureau in 2021 as a correspondent focusing on competition law and data privacy and security. Jenny received a Master’s degree from Northwestern University’s renowned Medill School of Journalism and worked for a number of news organizations in the US, including the Associated Press Television News, McClatchy and Voice of America, where she worked for almost three years in Washington DC. She returned to her native South Korea in 2019 as a reporter for Wired Korea.

Discover MLex

Stay on top of global regulatory developments

Latest News