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‘All of Us Are Dead’ Studio Eyes Public Stock Offering Next Year
- K-drama’s SLL seeks to go public by second half of next year
- Blockbusters yet to boost studio profit despite K-content boom
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The production company behind Netflix Inc.’s teen zombie series All of Us Are Dead is seeking to go public by the second half of next year as it looks to increase production in what has been a hot market for South Korean movies and TV shows.
SLL JoongAng Co., an affiliate of the JoongAng media group, is considering an initial public offering in Seoul or another market, Chief Executive Officer Jung Kyung-moon said in an interview. He is looking to raise capital and more than double the company’s sales to around two trillion won ($1.5 billion) in 2025 by producing 40 to 50 TV shows a year.