[Asia Economy Reporter Jang Hyowon] Soribada (CEO Son Jihyun) has signed a business agreement with Hallyu TV Seoul to accelerate the overseas export business of content to China and third countries.
SoriBada CEO Son Ji-hyun (left) and Hallyu TV Seoul Director Shin Jong-tae (right) are taking a commemorative photo in front of the SoriBada headquarters on the 28th to celebrate a business agreement for exporting overseas content.
On the 28th, Soribada announced that it signed a business agreement to establish an organic cooperation system with Hallyu TV Seoul for exporting Soribada-owned content and products to China and third countries.
Hallyu TV Seoul has signed content supply contracts with China's largest music platform Wangyi Yun Music, as well as Migu Video and Migu Music, subsidiaries of China Mobile, the largest telecommunications company in China. Through this agreement, Soribada plans to promote the supply of its content and product sales to service providers within the Chinese region.
The accumulated experience and know-how of each company, including Soribada's content planning and production, product manufacturing and marketing expertise, and Hallyu TV Seoul's substantial overseas online and offline distribution networks, are expected to create significant synergy effects throughout this overseas export business.
A Soribada official stated, "Based on our years of experience and know-how in supplying content to overseas markets such as Spotify and Google Music, we plan to actively enter China and third countries to strengthen our overseas distribution capabilities," adding, "We will continue to expand our distribution areas and fulfill our role as a leading company in overseas content export."
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