© Reuters. [특징주] CJ ENM, Chan-wook Park and Kang-ho Song at the Cannes Film Festival, ‘strong’ at the beginning of the chapter
The stock price of investment and distributor CJ ENM (KQ:) is strong at the beginning of the market as the Korean films ‘Decision to break up’ and ‘The Broker’, which entered the competition section of the 75th Cannes International Film Festival, succeeded in winning awards side by side.
At 9:15 am on the 30th, CJ ENM is trading at 114,100 won, up 4,100 won (3.73%) from the previous trading day.
At the 75th Cannes International Film Festival held at the Lumière Grand Theater in Cannes, France on the 28th (local time), director Park Chan-wook won the Best Director award for the movie ‘Decision to break up’, and actor Song Kang-ho won the Best Actor Award for the movie ‘The Broker’.
Both works are Korean films invested and distributed by CJ ENM. It is evaluated that CJ Group’s efforts, which have continuously invested in the revival of K-culture under the motto of ‘no country without culture’, have paid off. CJ Group has invested more than KRW 2 trillion over the past 27 years in various cultural businesses such as movies, dramas, and K-pop through CJ ENM Media Division.
CJ ENM will release ‘The Broker’ on the 8th of next month and ‘The Decision to Break Up’ on the 29th of the same month.
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