Since returning to his family's conglomerate in 2017, Jeongin Hong has helped the company grow to produce 20 percent of Korea's annual commercial film and TV drama output, while also landing back-to-back spots in Cannes.
South Korean executive Jeongin Hong never planned to become a movie mogul. After studying economics at Princeton and putting in distinguished stints in private equity at Boston Consulting and Goldman Sachs , he was lured back to the family business in 2015. His family’s firm happens to be JoongAng Group, arguably Korea’s largest media conglomerate.
Hong was initially pulled back into the patrilineal corporate fold to help with corporate strategy; but in 2017 he proposed to his elder brother, JoongAng Group’s current CEO, Jeongdo Hong, that the time was right to further capitalize on the Korean content wave still sweeping the globe by restructuring their conglomerate’s collection of entertainment entities and scaling up to become a fully integrated film and TV studio.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The 16 Best Cannes Dresses of All Time, According to Bazaar EditorsThe strict carpet is always brimming with the pizazz and glamor of a bygone era.
Read more »
Alec Baldwin’s ‘Rust’ Returns to Cannes With New Sales Company (Exclusive)Almost 18 months after the tragic shooting of its cinematographer Halyna Hutchins on the set, the Western — which resumed filming in April with Hutchins' widow as a producer — is now being sold by Goodfellas.
Read more »
'Origin of the Species': Ana De Armas, Jude Law & More Join Ron Howard's Survival ThrillerAna De Armas, Jude Law, Alicia Vikander, and Daniel Brühl have boarded Ron Howard's upcoming survival thriller OriginOfTheSpecies.
Read more »
The Five Most Iconic Sustainable Style Moments on Cannes’ Red CarpetFrom Bella Hadid’s Tom Ford archives moment last year to Cate Blanchett’s Golden Globes rewear serve in 2018, these are the most glamorously green looks seen on the Croisette.
Read more »
Ron Howard movie with good cast poised to make good money at CannesNew Ron Howard movie with impressive cast poised to make good money at Cannes
Read more »
Anurag Kashyap Serves a Slice of Indian Noir in ‘Kennedy’ TrailerAhead of Cannes2023, Anurag Kashyap serves a slice of Indian noir in the Kennedy trailer. Watch it here:
Read more »