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Next Entertainment World

Next Entertainment World (Korean넥스트엔터테인먼트월드, Acronym: NEW) is a South Korean media content production and distribution company. The film investment and distribution business was founded in 2008 by former Showbox president Kim Woo-taek. Seo Dong-wook and Jang Kyung-ik are the founding members of NEW.

NEW has since evolved into a comprehensive entertainment company with subsidiaries venturing into other industries including music, sports, production, management, international distribution, and cinema.

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.

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).

In 2013, global distribution corporation Contents Panda was established.

In 2014, Huace Media Group invested $52.7 million, and NEW was listed on KOSDAQ. Huace Media Group was listed on the KOSDAQ market with a 15% stake in NEW and Chairman Kim Woo-taek with a 45% stake. 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.

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