CJ ENM posted an operating profit of 132.9 billion won last year. That was up 27.2% from a year earlier.
CJ ENM disclosed on Feb. 5 that, on a consolidation basis last year, revenue came to 5.1345 trillion won and operating profit to 132.9 billion won on a preliminary basis. Revenue fell 1.9% from a year earlier, but operating profit increased.
The media platform institutional sector logged revenue of 1.3416 trillion won, and the film and drama institutional sector posted 1.4573 trillion won. They fell 2.3% and 14.5%, respectively, from a year earlier. However, the profit and loss of the online video service (OTT) Tving and global studio FIFTH SEASON improved.
Tving saw original content such as "Transit Love 4" and "Dear X" draw strong interest, boosting fourth-quarter ad revenue 108.8% from a year earlier. FIFTH SEASON also turned a profit in the fourth quarter through premium content and expense efficiencies.
Revenue in the music institutional sector rose 16.4% from a year earlier to 817.6 billion won. The 2025 MAMA AWARDS, held in Hong Kong in Nov., set an all-time record. Mnet Plus, which serves users in about 250 regions worldwide, saw MAU (monthly active users) at year-end rise 470% from the start of the year, and DAU (daily active users) nearly triple.
The commerce institutional sector posted annual revenue of 1.518 trillion won and operating profit of 95.8 billion won. They rose 4.6% and 15.2%, respectively, from a year earlier. Growth was driven by an expanded lineup of premium products such as fashion and living goods, a fandom commerce strategy based on short-form content and influencer collaborations, and fast delivery.
CJ ENM will reorganize its business structure this year with a focus on strengthening platform competitiveness. The strategy is to diversify revenue sources by developing IP aimed at the global market and expanding local production bases centered on the United States and Japan. Tving plans to expand its global push beyond Japan and the Asia-Pacific region.
A CJ ENM official said, "While concentrating on bolstering the competitiveness of core platforms such as Tving, Mnet Plus, and OnStyle, we will grow into an 'IP holder' that generates sustainable revenue based on IP, and proactively respond to the rapidly changing global content consumption environment and intensifying media competition."