Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
CJ ENM South Korean mass media company, and NBC Universal’s Peacock over-the-top video streaming service have signed a deal for K-content. The former will be making its shows and films available to subscribers of the American OTT firm.
The Korean programs will be viewable on Peacock’s platform under the CJ ENM Picks category. The deal was announced by the company on Tuesday, Aug. 16. Peacock is owned and operated by NBCUniversal’s television and streaming division and this online streaming service is said to be popular in the European and North American regions.
Currently, Peacock has an estimated monthly active user of 28 million during the first quarter of the year. As per Korea Joongang Daily, based on the agreement, CJ ENM will be providing Peacock with 18 content that includes variety shows, dramas, and films this month. On September, 18 more titles would be added to the lineup, such as “Reply 1994” and “Cheese in the Trap” drama series.
“We can now present CJ ENM content through major North American platforms such as Pluto TV and Peacock,” CJ ENM’s content business unit head, Seo Jang Ho, said in a statement. “We plan to keep on not only creating content for the global market but also paving new global distribution networks.”
Another company official said, “We expect the partnership with NBCUniversal to significantly expand contact with viewers in North America.
The Korea Economic Daily reported that this agreement with Peacock is CJ ENM’s second OTT deal related to delivering Korean programs to overseas viewers through collaborations with local streaming service providers.
This is because CJ ENM has already signed a similar deal with another American entertainment firm, Paramount. Their contract was sealed earlier, in December of last year. The Korean mass media firm is also providing K-content to Paramount’s Pluto TV streaming service via the K-Content by CJ ENM category.
Meanwhile, even with these partnerships, CJ ENM still has plans to launch its own streaming platform in the United States. The company is looking to introduce TVing to American viewers next year.
