Earlier this month, news was reported that Japanese telco SoftBank was looking to disvest from DramaFever, and that Warner Bros is a likely acquirer.
The news followed the unexpected decision of acquiring British drama series from BBC Worldwide, the distribution arm of the BBC, for the U.S. only.
The deal is apparently the first of more acquisitions of European dramas, as DramaFever is still exploring ways to build its subscription base in the UK, where demand for Asian television content has been moderate, especially compared with DF’s native market, the U.S.
But more exciting news is that DramaFever will be bringing film and television series from Korea’s leading pay TV broadcaster and content producer, CJ E&M. Among news titles are 8 exclusive new Kdramas, 10 exclusive new feature films and more than 350 hours of other drama and variety programmes.
However, these are also only for its U.S. audience, while new releases have not been made in Europe over the past couple of months. We are still hopeful to be able to announce new releases in the coming months.