South Korean entertainment company acquires 'La La Land' producer - NewsBreak

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By Gesard in Business
Updated 2 years ago

SEOUL, Nov. 22 (UPI) -- South Korean entertainment company CJ ENM announced it has agreed to purchase Hollywood film studio Endeavor Content, which produced global hit La La Land. The Seoul-based company will spend $775 million to gain an about 80 percent stake in Endeavor Content, which was owned by...

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