
SHOWBOX
SHOWBOX CORP., a part of the Orion Group, is a leading financing and distribution company in the Korean film industry.
Date | Investors | Amount | Round |
---|---|---|---|
* | KRW130.0b | Late VC | |
Total Funding | 000k |
Showbox Corp., a key player in the South Korean entertainment landscape, operates as the film investment, production, and distribution arm of the Orion Group. Established in 2002 as a brand under its parent company Mediaplex, Inc., Showbox has evolved into an integrated content studio. The company was founded by Yoo Jung-hoon and is currently led by CEO Hojung Shin. Since its inception, Showbox has been a significant force in the local box office, delivering five films that each surpassed 10 million viewers: "TaeGukGi: Brotherhood of War" (2004), "The Host" (2005), "The Thieves" (2012), "Assassination" (2015), and "A Taxi Driver" (2017).
The company's business model encompasses the full lifecycle of content creation, from initial investment and financing to production and multi-channel distribution. Revenue is generated by distributing its produced films and acquired content through theaters, home video (VHS/DVD), digital platforms like IPTV and pay-per-view, and international sales. In March 2019, Showbox expanded its operations into television drama production, signing a deal with the network JTBC. This strategic shift from a pure film distributor to a multi-content creator is a core part of its vision. Furthering its global reach, the company received a major investment of over $100 million in 2022 from Maum Capital Group to develop intellectual properties that can be adapted into multiple formats, including series, games, and webtoons.
Showbox serves a broad audience, providing a platform for filmmakers to create entertainment content. Its catalogue includes a mix of blockbuster Korean films and the distribution of international, primarily U.S., titles in the local market. The company actively pursues partnerships to secure source IP and expand its business, collaborating with webtoon companies and global entertainment firms like China's Huayi Brothers and Hollywood's Blumhouse Productions. As a publicly traded company on the KRX, it maintains a significant presence in the Korean financial markets.
Keywords: Korean film, film distribution, movie production, film financing, South Korean cinema, K-content, Orion Group, box office, content studio, international film distribution, Korean drama production, content IP, Mediaplex, Yoo Jung-hoon, Hojung Shin, Itaewon Class, A Taxi Driver, The Host, The Thieves, Assassination, entertainment investment, Seoul entertainment