CJ E&M Corporation is a Korea-based company engaged in the media and entertainment business. The Company operates its business through four divisions: broadcasting division engages in the distribution of broadcasting channels and contents through cable televisions (CATVs), Internet protocol televisions (IPTV), satellite broadcasting, online and other platforms; game division, engages in the development and distribution of game products through its game portal site, www.netmarble.net; movie division, engages in the production, distribution and investment of movies, shows and others, and music and performance division, engages in the production and distribution of music products, as well as musical and concert business. On November 13, 2011, the Company completed the spin-off of stock ownership and management of game development subsidiary businesses into a newly established wholly owned subsidiary.
(Source: ARS)