{"id":4897,"date":"2018-05-14T10:57:08","date_gmt":"2018-05-14T14:57:08","guid":{"rendered":"http:\/\/worldscreen.com\/tvasia\/cj-em-cj-o-shopping-merge-form-cj-enm\/"},"modified":"2018-05-14T12:54:23","modified_gmt":"2018-05-14T16:54:23","slug":"cj-em-cj-o-shopping-merge-to-form-cj-enm","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvasia\/cj-em-cj-o-shopping-merge-to-form-cj-enm\/","title":{"rendered":"CJ E&#038;M, CJ O Shopping Merge to Form CJ ENM"},"content":{"rendered":"<p>The merging of CJ E&amp;M and CJ Group\u2019s home shopping and e-commerce subsidiary CJ O Shopping will see the combined entity renamed CJ ENM as of July 1.<\/p>\n<p>The new name is the abbreviation of \u201centertainment\u201d and \u201cmerchandising,\u201d meant to reflect the expansion of CJ\u2019s business into the global content and commerce industry. \u201cCombining CJ O Shopping\u2019s ten million customers and CJ E&amp;M\u2019s 50 million viewers, the merger will take shopping and entertainment experience to the next level,\u201d said CJ O Shopping CEO Heo Min-heoi.<\/p>\n<p>CJ E&amp;M CEO Kim Sung-soo added that \u201cthe new company expects 2018 revenue of $6 billion and 75 percent growth to $10 billion by 2021 to become world-leading content and commerce company.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The merging of CJ E&#038;M and CJ Group\u2019s home shopping and e-commerce subsidiary CJ O Shopping will see the combined entity renamed CJ ENM as of July 1.<\/p>\n","protected":false},"author":350,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[79],"class_list":["post-4897","post","type-post","status-publish","format-standard","","category-top-stories","tag-cj-em"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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