MOSCOW — Studio Target (CEO Do-yeon Kim), a resident company of the Korea Creative Content Agency (KOCCA) CKL Business Center, announced that it has signed a Memorandum of Understanding (MOU) for content distribution with Russia’s major media conglomerate, Media-Telecom, and leading OTT platform, KION, at the 'World Content Market Moscow (WCM Moscow).'

WCM Moscow is an international B2B content market dedicated to promoting broadcasting and OTT content trade and collaboration, with a primary focus on the Russian and Commonwealth of Independent States (CIS) markets.
Under the agreement, the entities will pursue joint planning and production across various formats—including feature films, drama series, and short-form dramas—while collaborating on distribution networks throughout Russia and the CIS region. Leveraging this partnership, Studio Target plans to roll out new content tailored for the global market.

The company stated that its recent production milestones underscore its expanding creative capabilities. Studio Target’s feature film, God’s Band, amassed a cumulative audience of 1.44 million viewers. Additionally, its short-form drama The Billionaire Heiress’s Romantic Ending, which premiered on the short-form platform ReelShort on March 20, clinched the No. 1 spot on the daily charts on its release day.

"We are highly impressed by the creativity of Korean content and Studio Target's production capabilities," a representative from Media-Telecom remarked. KION also expressed high expectations, stating, "Through this collaboration, we aim to introduce a diverse array of content to global audiences, including the Russian market."

"This partnership with prominent Russian media groups provides us with a robust avenue to expand our content production and distribution footprints," said CEO Do-yeon Kim. "We look forward to maintaining a close collaboration that reflects the unique characteristics of each market."

Driven by distinctive planning capabilities and a systematic production infrastructure, Studio Target continues to secure diverse intellectual properties (IPs) and expand its network with global partners, steadily strengthening its presence in the international content market.

Meanwhile, KOCCA continues to foster the growth of content startups through its CKL Business Center, offering office spaces, infrastructure, and production support facilities.
By Ina Yoon, Etoday

Original Article https://www.etoday.co.kr/news/view/2584645