South Korean studioCJ ENMhas entered into a MOU with Saudi Arabian content companyManga Productionsto jointly co-produce and distribute content.
The two companies said their partnership also aims to mutually enhance talents and human resources.
The company is co-producing films with Japanese animation studio Toei Animation, including Shizuno KobunsThe Journey.
CJ ENM CEO Koo Chang-gun (L) & Manga Productions CEO Dr. Essam Bukhary (R)CJ ENM
The Korean studio has since held K-culture festival KCON for two consecutive years.
