Song Jung-ki and Jang Dong-gun and Kim Ji-won confirmed the season of "Asdal Chronicles" (ft. studio Dragon 2.0)

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Studio Dragon (CEO Choi Jin-hee) announced on the 14th that sales in the fourth quarter of 2018 rose 41.5% year-on-year to KRW101.7 billion based on differentiated work competitiveness such as Hundred Days of the Hundred Days and Memories of the Palace of Alhambra, while operating profit and net profit reached KRW 400 million and KRW1.7 billion due to additional reflection of intangible asset amortization costs due to market environment.Among the sales components, organized sales increased 39.5% year-on-year to 54.4 billion won by supplying dramas to OCN dramas and Olive channels, and sales sales rose 46.9% to 37.8 billion won due to regional expansion and platform diversification.In terms of cost, we have further amortized the intangible assets such as the rights of 10 dramas, which were highly likely to be sold in China, from a conservative point of view.It is the intention to reflect reasonable costs in accordance with changes in the industrial environment. It is expected that profit contribution will increase when expanding sales areas such as China in the future due to preemptive cost reflection in 4Q.• Annual performance for 2018Studio Dragon produced 26 dramas, up four from the previous year, with annual sales of 379.6 billion, a 32% increase from 2017 to 286.8 billion.In particular, overseas sales were sold to more than 100 countries around the world, including the global OTT, the Americas, Europe and Asia, reaching 110.2 billion, a 64.1% increase from 67.2 billion won last year, and an increase of 29% in total sales.In 2018, operating profit reached 39.9 billion won, up 21% from 33 billion won a year earlier, and net profit increased 50% from 23.8 billion won to 35.8 billion won.Net profit margin rose 1.1 percentage points to 9.4 percent from 8.3 percent a year earlier.It has also grown in terms of quality.The average household ratings in 2018 rose 1.6 percentage points to 5.0 percent from 3.4 percent a year earlier, while the number of key creators, including producers, writers and directors, increased to 158.• Growth Strategy 2019 – Studio Dragon 2.0Studio Dragon cited Asdal Chronicle as a representative example of building a global business model by expanding the IP business area with its new growth strategy Studio Dragon 2.0.It applied the global market target world view called Ancient Human History Fantasy, and will build an open set and promote production system including writers, directors and actors based on the season system (Dong-A.com solo report 2018.09.06).In addition, we plan to expand IP business such as tourism, games, animation, VR, and good products at the same time to complete business model that meets global studio.The company will continue to expand its business in major markets such as the US and China, which account for more than 50% of the global broadcasting industry market.In order to strengthen the brand, the global OTT original dramas I Like It and I Am Alone are being produced. In the Chinese market, co-production consultations are being held for some dramas such as Why is Secretary Kim doing that and One Hundred Days to create a profitability-oriented business model.In 2019, the competition between new OTTs such as Disney and Apple, which are trying to expand their influence with existing companies such as Netflix, Amazon, and YouTube, which are trying to maintain competitiveness, will intensify in earnest, said a studio Dragon official. The business opportunities of studios or producers with global competitiveness are expected to expand.
Studio Dragon (CEO Choi Jin-hee) announced on the 14th that sales in the fourth quarter of 2018 rose 41.5% year-on-year to KRW101.7 billion based on differentiated work competitiveness such as Hundred Days of the Hundred Days and Memories of the Palace of Alhambra, while operating profit and net profit reached KRW 400 million and KRW1.7 billion due to additional reflection of intangible asset amortization costs due to market environment.Among the sales components, organized sales increased 39.5% year-on-year to 54.4 billion won by supplying dramas to OCN dramas and Olive channels, and sales sales rose 46.9% to 37.8 billion won due to regional expansion and platform diversification.In terms of cost, we have further amortized the intangible assets such as the rights of 10 dramas, which were highly likely to be sold in China, from a conservative point of view.It is the intention to reflect reasonable costs in accordance with changes in the industrial environment. It is expected that profit contribution will increase when expanding sales areas such as China in the future due to preemptive cost reflection in 4Q.• Annual performance for 2018Studio Dragon produced 26 dramas, up four from the previous year, with annual sales of 379.6 billion, a 32% increase from 2017 to 286.8 billion.In particular, overseas sales were sold to more than 100 countries around the world, including the global OTT, the Americas, Europe and Asia, reaching 110.2 billion, a 64.1% increase from 67.2 billion won last year, and an increase of 29% in total sales.In 2018, operating profit reached 39.9 billion won, up 21% from 33 billion won a year earlier, and net profit increased 50% from 23.8 billion won to 35.8 billion won.Net profit margin rose 1.1 percentage points to 9.4 percent from 8.3 percent a year earlier.It has also grown in terms of quality.The average household ratings in 2018 rose 1.6 percentage points to 5.0 percent from 3.4 percent a year earlier, while the number of key creators, including producers, writers and directors, increased to 158.• Growth Strategy 2019 – Studio Dragon 2.0Studio Dragon cited Asdal Chronicle as a representative example of building a global business model by expanding the IP business area with its new growth strategy Studio Dragon 2.0.It applied the global market target world view called Ancient Human History Fantasy, and will build an open set and promote production system including writers, directors and actors based on the season system (Dong-A.com solo report 2018.09.06).In addition, we plan to expand IP business such as tourism, games, animation, VR, and good products at the same time to complete business model that meets global studio.The company will continue to expand its business in major markets such as the US and China, which account for more than 50% of the global broadcasting industry market.In order to strengthen the brand, the global OTT original dramas I Like It and I Am Alone are being produced. In the Chinese market, co-production consultations are being held for some dramas such as Why is Secretary Kim doing that and One Hundred Days to create a profitability-oriented business model.In 2019, the competition between new OTTs such as Disney and Apple, which are trying to expand their influence with existing companies such as Netflix, Amazon, and YouTube, which are trying to maintain competitiveness, will intensify in earnest, said a studio Dragon official. The business opportunities of studios or producers with global competitiveness are expected to expand.
Studio Dragon (CEO Choi Jin-hee) announced on the 14th that sales in the fourth quarter of 2018 rose 41.5% year-on-year to KRW101.7 billion based on differentiated work competitiveness such as Hundred Days of the Hundred Days and Memories of the Palace of Alhambra, while operating profit and net profit reached KRW 400 million and KRW1.7 billion due to additional reflection of intangible asset amortization costs due to market environment.Among the sales components, organized sales increased 39.5% year-on-year to 54.4 billion won by supplying dramas to OCN dramas and Olive channels, and sales sales rose 46.9% to 37.8 billion won due to regional expansion and platform diversification.In terms of cost, we have further amortized the intangible assets such as the rights of 10 dramas, which were highly likely to be sold in China, from a conservative point of view.It is the intention to reflect reasonable costs in accordance with changes in the industrial environment. It is expected that profit contribution will increase when expanding sales areas such as China in the future due to preemptive cost reflection in 4Q.• Annual performance for 2018Studio Dragon produced 26 dramas, up four from the previous year, with annual sales of 379.6 billion, a 32% increase from 2017 to 286.8 billion.In particular, overseas sales were sold to more than 100 countries around the world, including the global OTT, the Americas, Europe and Asia, reaching 110.2 billion, a 64.1% increase from 67.2 billion won last year, and an increase of 29% in total sales.In 2018, operating profit reached 39.9 billion won, up 21% from 33 billion won a year earlier, and net profit increased 50% from 23.8 billion won to 35.8 billion won.Net profit margin rose 1.1 percentage points to 9.4 percent from 8.3 percent a year earlier.It has also grown in terms of quality.The average household ratings in 2018 rose 1.6 percentage points to 5.0 percent from 3.4 percent a year earlier, while the number of key creators, including producers, writers and directors, increased to 158.• Growth Strategy 2019 – Studio Dragon 2.0Studio Dragon cited Asdal Chronicle as a representative example of building a global business model by expanding the IP business area with its new growth strategy Studio Dragon 2.0.It applied the global market target world view called Ancient Human History Fantasy, and will build an open set and promote production system including writers, directors and actors based on the season system (Dong-A.com solo report 2018.09.06).In addition, we plan to expand IP business such as tourism, games, animation, VR, and good products at the same time to complete business model that meets global studio.The company will continue to expand its business in major markets such as the US and China, which account for more than 50% of the global broadcasting industry market.In order to strengthen the brand, the global OTT original dramas I Like It and I Am Alone are being produced. In the Chinese market, co-production consultations are being held for some dramas such as Why is Secretary Kim doing that and One Hundred Days to create a profitability-oriented business model.In 2019, the competition between new OTTs such as Disney and Apple, which are trying to expand their influence with existing companies such as Netflix, Amazon, and YouTube, which are trying to maintain competitiveness, will intensify in earnest, said a studio Dragon official. The business opportunities of studios or producers with global competitiveness are expected to expand.

Studio Dragon (CEO Choi Jin-hee) announced on the 14th that sales in the fourth quarter of 2018 rose 41.5% year-on-year to KRW101.7 billion based on differentiated work competitiveness such as Hundred Days of the Hundred Days and Memories of the Palace of Alhambra, while operating profit and net profit reached KRW 400 million and KRW1.7 billion due to additional reflection of intangible asset amortization costs due to market environment.

Among the sales components, organized sales increased 39.5% year-on-year to 54.4 billion won by supplying dramas to OCN dramas and Olive channels, and sales sales rose 46.9% to 37.8 billion won due to regional expansion and platform diversification.

In terms of cost, we have further amortized the intangible assets such as the rights of 10 dramas, which were highly likely to be sold in China, from a conservative point of view. It is the intention to reflect reasonable costs in accordance with changes in the industrial environment. It is expected that profit contribution will increase when expanding sales areas such as China in the future due to preemptive cost reflection in 4Q.

• Annual performance for 2018

Studio Dragon produced 26 dramas, up four from the previous year, with annual sales of 379.6 billion, a 32% increase from 2017 to 286.8 billion. In particular, overseas sales were sold to more than 100 countries around the world, including the global OTT, the Americas, Europe and Asia, reaching 110.2 billion, a 64.1% increase from 67.2 billion won last year, and an increase of 29% in total sales.

In 2018, operating profit reached 39.9 billion won, up 21% from 33 billion won a year earlier, and net profit increased 50% from 23.8 billion won to 35.8 billion won. Net profit margin rose 1.1 percentage points to 9.4 percent from 8.3 percent a year earlier.

It has also grown in terms of quality. The average household ratings in 2018 rose 1.6 percentage points to 5.0 percent from 3.4 percent a year earlier, while the number of key creators, including producers, writers and directors, increased to 158.

• Growth Strategy 2019 – Studio Dragon 2.0

Studio Dragon cited Asdal Chronicle as a representative example of building a global business model by expanding the IP business area with its new growth strategy Studio Dragon 2.0. It applied the global market target world view called Ancient Human History Fantasy, and will build an open set and promote production system including writers, directors and actors based on the season system (Dong-A.com solo report 2018.09.06). In addition, we plan to expand IP business such as tourism, games, animation, VR, and good products at the same time to complete business model that meets global studio.

The company will continue to expand its business in major markets such as the US and China, which account for more than 50% of the global broadcasting industry market. In order to strengthen the brand, the global OTT original dramas 'I Like It' and 'I Am Alone' are being produced. In the Chinese market, co-production consultations are being held for some dramas such as 'Why is Secretary Kim doing that' and 'One Hundred Days' to create a profitability-oriented business model.

“In 2019, the competition between new OTTs such as Disney and Apple, which are trying to expand their influence with existing companies such as Netflix, Amazon, and YouTube, which are trying to maintain competitiveness, will intensify in earnest,” said a studio Dragon official. “The business opportunities of studios or producers with global competitiveness are expected to expand.”