IYUNO Takes LYD Stake

Subtitling, dubbing and post-production outfit IYUNO Media Group has picked up a significant stake in the Korean content-distribution company LYD.

LYD, led by former Fox Networks Group executive Joon Lee, distributes channels in Korea and creates and represents a slate of drama series. Its portfolio includes My Love From the Star and the upcoming My Absolute Boyfriend.

Lee, CEO of LYD, noted, “With all the technological advancements that have been made in the industry, the way content is aggregated and distributed has yet to evolve and take advantage of this opportunity. With IYUNO’s tech, LYD’s media and content expertise along with our combined global network, we will revolutionize how content is aggregated, curated and distributed. We have set out to provide this key integrated solution for media companies and content producers not only in Asia but throughout the world.”

IYUNO CEO David Lee added, “LYD’s Joon Lee is an industry icon and an expert in distributing channels and content across domestic boundaries. IYUNO believes its global presence and partner network aligns perfectly with LYD’s strong content strategies to maximize revenue and opportunities for any global content creator.”