NEW has since evolved into a comprehensive entertainment company with subsidiaries venturing into other industries including music, sports, production, management, international distribution, and cinema.[7][8]
History
Domeo Holdings was the name of the holding company established in 2008. In 2012, it changed its name after a merger through absorption with the wholly owned subsidiary Next Entertainment World.[9]
The music distribution corporation Music&NEW was established in 2012.
In 2013, it surpassed CJ E&M and ranked first in terms of audience with the success of Miracle in Cell No. 7 (12.81 million viewers), Hide and Seek (5.6 million viewers), and New World (4.68 million viewers).[10]
In 2013, global distribution corporation Contents Panda was established.
In 2014, Huace Media Group invested $52.7 million, and NEW was listed on KOSDAQ.[11] Huace Media Group was listed on the KOSDAQ market with a 15% stake in NEW and Chairman Kim Woo-taek with a 45% stake.[12] In 2015, NEW set up sports corporation Bravo&NEW and Korea-China joint venture Huace&NEW.
2016 marked the establishment of contents production corporation Studio&NEW.
The Cine Q movie theater branch opened in 2017. CINEQ opened its first branch in Gyeongju and its second branch in Gumi in 2017 and its Sindorim branch in Seoul in 2018.[12]
In 2017, the subsidiary Music & New Co., Ltd. acquired shares of Windmill Ent Co., Ltd. in order to expand its business area into music and music distribution, and in June 2018, through a small-scale and simple merger, Music & New Co., Ltd. absorb Windmill ENT and merged.[12]
In 2019, NEW established VFX company eNgine and digital contents business NEW ID.[13]
Music&NEW (stylized in all caps) is the music production, management, and distribution business.[17]
Studio&NEW
Studio&NEW (stylized in all caps) is a film and drama media content production company that has also expanded to management. Notable productions include the 2016 premiere project Descendants of the Sun and The Great Battle.[18] The studio has attracted more than ₩56 billion (USD$47 million) in investment within five years of establishment.[19]
In April 2021, Studio&NEW signed a five-year contract with OTT streaming service Disney+ with a commitment of supplying at least one project per year. Local media named Moving, a live adaptation of Kang Full's webtoon, and Staroriginal seriesRookie Cops as shows that are in the works.[20][21]
^"넥스터엔터, 中 화처 손잡고 한류영화바람" [Next Ent. wants to join hands with China's Huace for Korean Wave film wind]. Asia Kyungjae (in Korean). October 6, 2015. Archived from the original on June 20, 2021. Retrieved June 16, 2021 – via Naver.
^"스튜디오앤뉴, 220억 신규 투자 유치…기업 가치 2000억 콘텐츠 제작사 발돋움" [Studio & New attracts 22 billion won in new investment... A company valued at 200 billion won as a content producer]. Xports News (in Korean). September 8, 2021. Archived from the original on October 9, 2021. Retrieved October 9, 2021 – via Naver.
^Jeong Ga-young (January 6, 2022). "[단독] 엄정화, '닥터 차정숙'으로 5년 만에 드라마 복귀" [[Exclusive] Uhm Jung-Hwa to return to drama after 5 years with 'Doctor Cha Jeong-Suk'] (in Korean). Sports World. Retrieved January 6, 2022 – via Naver.
^Gong Yeo-ju (August 9, 2022). "[단독] 엄정화 '닥터 차정숙', JTBC 10월 편성 확정" [[Exclusive] Uhm Jung-hwa's 'Doctor Cha Jeong-sook' confirmed for JTBC October schedule] (in Korean). YTN. Retrieved August 9, 2022 – via Naver.
^Kim Na-young (September 22, 2022). "정우성, 10년 만에 안방극장 복귀…'사랑한다고 말해줘' 출연 확정" [Jung Woo-sung returns to the small screen after 10 years... Confirmed to appear in 'Tell Me You Love Me] (in Korean). MK Sports. Archived from the original on September 22, 2022. Retrieved September 22, 2022 – via Naver.
^Kim, Myung-mi (January 16, 2024). 장나라 남지현 김준한 표지훈 '굿파트너' 본격 촬영 돌입[공식] [Jang Nara, Nam Ji-hyun, Kim Jun-han, Pyo Ji-hoon, 'Good Partner' begins full-scale filming [Official]] (in Korean). Newsen. Retrieved March 5, 2024 – via Naver.
^Lee, Jung-hyun (February 17, 2024). 연적 된 한·중 군주…스튜디오앤뉴 드라마 '해시의 신루' [The Korean and Chinese monarchs who are rivals…Studio&NEW drama 'The Hash of the Goddess'] (in Korean). Yonhap News. Retrieved August 19, 2024 – via Naver.
^Lee Kyung-ho (June 5, 2021). "[단독]박유나, '너와 나의 경찰수업' 합류..강다니엘X채수빈과 호흡" [[Exclusive] Park Yu-na joins 'You and My Police Class'... Breathing with Daniel Kang X Chae Soo-bin] (in Korean). Star News. Retrieved June 5, 2021 – via Naver.
^Moon Ji-yeon (October 19, 2022). "[단독] 김선호, 복귀 차근차근 준비 중..'폭군' 촬영→'해시의 신루' 합류" [[Exclusive] Kim Seon-ho, preparing for his comeback, step by step... Filming 'Tyrant' → Joining 'The New Row of Hashes] (in Korean). Sports Chosun. Archived from the original on October 19, 2022. Retrieved October 19, 2022 – via Naver.
^"차승원X김선호 '폭군', 극장 아닌 디즈니+ 行.."4부작 시리즈 변경"[공식]" [Cha Seung-won X Kim Seon-ho 'Tyrant', not the theatre, but Disney+ 行.." Four-part series changes"[Official]]. 스타뉴스 (in Korean). 2024-02-19. Retrieved 2024-02-19.
