Company Profile
Company Overview
Studio Dragon Value Chain
Vision and Mission
Under the mission of 'We make the world a more exciting place by creating captivating content for global audiences', Studio Dragon is expanding its competitive edge in the global content market based on creative storytelling and differentiated production capabilities. Leveraging K-Originality, the company aims to annually create Mega IPs that deliver deep empathy and inspiration to global audiences, growing into a leading studio with a powerful competitive edge in the global market.
Company Overview
Company | Studio Dragon Corporation |
|---|---|
Headquarters | 75, Maebongsan-ro, Mapo-gu, Seoul, the Republic of Korea |
CEO | Jang, Kyung Ik |
Establishment | May 3, 2016 |
Employees1) | 180 |
Total Assets2) | KRW 1.0345 trillion |
Revenue2) | KRW 530.7 billion |
Operating Profit2) | KRW 30.4 billion |
1) As of December 31, 2025, on a separate basis
Total employee count includes regular employees, indefinite-term contract employees, and fixed-term workers.
2) As of December 31, 2025, on a consolidated basis
ESG Ratings
*As of February 25, 2026
KCGS1) | Integrated B+ | Environmental A | Social A | Governance B |
|---|---|---|---|---|
MSCI | BB | |||
SUSTAINALYTICS | 14.3 Low Risk | |||
1) Korea Institute of Corporate Governance and Sustainability
Business Performance and Revenue
Revenue | 2023 | KRW 753.1 billion |
2025: -3.5%↓(YoY) | 2024 | KRW 550.1 billion |
2025 | KRW 530.7 billion |
Major Countries of Operation
Studio Dragon distributes content to global markets. However, the company defines its principal operating countries based on the proportion of revenue generated, and since the majority of current revenue is generated domestically, the principal operating country is identified as South Korea.
Operating Profit | 2023 | KRW 55.9 billion |
2025: -16.6%↓(YoY) | 2024 | KRW 36.4 billion |
2025 | KRW 30.4 billion |
The Number of Series Aired | 2023 | 30 series |
2025: 0%(YoY) | 2024 | 26 series |
2025 | 26 series |
The number of series aired is calculated on a basis that includes limited series.
Distribution Revenue | 2023 | KRW 588.9 billion |
2025: -1.7%↓(YoY) | 2024 | KRW 406.5 billion |
2025 | KRW 399.7 billion |
Global Licensing & Streaming Originals
Domestic: Domestic Streaming Services, VOD, etc.
International: Global Streaming Services, Regional Platforms
Programming Revenue | 2023 | KRW 154.1 billion |
2025: -9.4%↓(YoY) | 2024 | KRW 127.2 billion |
2025 | KRW 115.2 billion |
Television Rights
Captive: tvN, OCN
Non-captive: Terrestrial Television channels
Other Revenue | 2023 | KRW 25.2 billion |
2025: 62%↑(YoY) | 2024 | KRW 10.1 billion |
2025 | KRW 16.4 billion |
Sponsorships or IP Businesses
Sponsorship, Product Placement, Games, NFT, Metaverse, Exhibitions, etc.
Key Achievements in Content
Global Viewership Share | According to Netflix's 2025 Engagement (Viewership status) Report, Studio Dragon captured a global viewership share of 2.7% of total hours viewed. This represents a significant portion of South Korea's overall content share of 10.1%, underscoring Studio Dragon's role in driving the global success of K-Drama.
Netflix Engagement (Viewership status) Report1)
Category | Total Hours Viewed | Viewership Share in 2025 |
|---|---|---|
Global | 190.6 billion hours | - |
Studio Dragon | 5.1 billion hours | 2.7% |
South Korea | 19.2 billion hours | 10.1% |
1) Combined Netflix’s ‘Engagement (Viewership) Report’ for H1 and H2 2025.
Subsidiary Status
 | Hwa&dam Pictures, Inc Broadcast Program Production & Supply | Ownership Stake | 100% |
Revenue | KRW 63.9 billion | ||
Total Assets | KRW 26.8 billion | ||
 | D+Studio Broadcast Program Production & Supply | Ownership Stake | 100% |
Revenue | KRW 0 billion | ||
Total Assets | KRW 20.4 billion | ||
 | GT:st Co., Ltd. Broadcast Program Production & Supply | Ownership Stake | 100% |
Revenue | KRW 0.1 billion | ||
Total Assets | KRW 87.4 billion | ||
 | Gill Pictures Co., Ltd. Broadcast Program Production & Supply | Ownership Stake | 100% |
Revenue | KRW 0 billion | ||
Total Assets | KRW 11.0 billion | ||
 | Next Scene Broadcast Program Production & Supply | Ownership Stake | 100% |
Revenue | KRW 0.2 billion | ||
Total Assets | KRW 1.1 billion | ||
 | JS Pictures Co., Ltd. Broadcast Program Production & Supply | Ownership Stake | 100% |
Revenue | KRW 16.7 billion | ||
Total Assets | KRW 4.7 billion |
History
A New Leap, A New Future
Studio Dragon is committed to embedding ESG values throughout the entire content production process, realizing both sustainable growth and expanded social impact.
2025 | Mar. | ‧ Named an Outstanding Disclosure Corporation on the KOSDAQ Market |
|---|---|---|
Apr. | ‧ Acquired ‘Next Scene’ as a Subsidiary Through Share Acquisition | |
Jun. | ‧ <Marry My Husband: Japan> Reached No.1 on Amazon Prime Video Japan's Top 10 Ranking | |
Sep. | ‧ <Bon Appétit, Your Majesty> Takes First Place in Netflix's Top 10 Non-English Series | |
Oct. | ‧ Acquired JS Pictures Co., Ltd. as a Subsidiary | |
Dec. | ‧ <Jeongnyeon: The Star is Born> Awarded the Grand Prize at the 2025 Korea Media and Communications |
2024 | Jan. | ‧ <Island> Won Best Original Digital Drama Series at the Asian Television Awards. |
|---|---|---|
Feb. | ‧ <Marry My Husband> Ranked No. 1 Globally on Amazon Prime Video. | |
Apr. | ‧ <Queen of Tears> Achieved tvN's Highest-Ever Viewer Rating | |
Oct. | ‧ Obtained Overall A Rating in ESG Assessment by Korea ESG Standards Institute. | |
Nov. | ‧ <Queen of Tears> Won Best Scriptwriting at the Asian Television Awards. |
2023 | Jan. | ‧ <The Glory> Ranked First in Netflix Top 10 TV (Non-English) |
|---|---|---|
Apr. | ‧ <The Glory> Won the Best Drama Award at the Baeksang Arts Awards | |
Jul. | ‧ First Sustainability Report Published in the Domestic Scripted Series Production Industry | |
Sep. | ‧ <Twenty Five and Twenty One> and <Yumi's Cells Season 2> Received the Excellence Award from the Korea | |
Oct. | ‧ Received the Excellence Award at the 2023 Korea IR Awards, Selected as an Outstanding IR Company for | |
Dec. | ‧ <Little Women> Won the Drama Series Award at the APAN Star Awards |
Studio Dragon's Global Expansion
Studio Dragon, a subsidiary of CJ ENM—a global IP powerhouse—is Korea's leading scripted TV studio at the forefront of K-Drama. As a premium storyteller group, we captivate audiences worldwide with endless and extraordinary stories.
2022 | Mar. | ‧ Partial Acquisition of 'Next Scene’ |
|---|---|---|
May | ‧ Establishment of 'Studio Dragon Corporation Japan' | |
Jul. | ‧ <The King of Pigs> Receives an Invitation to Screen at Fantasia Film Festival in Montreal. | |
Sep. | ‧ Acquisition of Gill Pictures Co., Ltd. | |
Oct. | ‧ Content Supply Agreement with 'Amazon Prime Video’ | |
Dec. | ‧ Supplied the First Hollywood Drama <The Big Door Prize> to Apple TV+ |
2021 | Mar. | ‧ Business Cooperation Agreement with Ylab, Ltd. |
|---|---|---|
Dec. | ‧ Awarded USD 100 Million Top Exporter Tower and K-Special Tower Award on Trade Day ‧ Presidential Commendation at the 2021 Korea Content Awards |
2020 | Jan. | ‧ Establishment of 'Studio Dragon Corporation USA’ |
|---|---|---|
Feb. | ‧ Partnership with Hollywood Production Company 'Skydance Media’ ‧ <Crash Landing on You> Achieved Highest-Ever Viewer Ratings of 22% on tvN |
2019 | Apr. | ‧ Acquisition of GT:st Co., Ltd. |
|---|---|---|
Aug. | ‧ Partial Acquisition of Movie Rock Co., Ltd. | |
Nov. | ‧ Long-term Content Supply Contract with ‘Netflix’ | |
Dec. | ‧ Partial Acquisition of Merrycow, Ltd. |
Studio Dragon's Founding and Growth
We discover and create distinctive stories that resonate with global audiences and unite them through shared enjoyment.
2018 | May | ‧ <Mother> Received the Best TV Drama at the Baeksang Arts Awards |
|---|---|---|
Dec. | ‧ <Mr. Sunshine> Selected as the Drama of the Year |
2017 | Jun. | ‧ Simulcasting of <Stranger> via ‘Netflix’ |
|---|---|---|
Nov. | ‧ Listed on KOSDAQ Market of the Korea Exchange | |
Dec. | ‧ <Stranger> Listed in New York Times 'Top 10 International TV Dramas' |
2016 | May | ‧ Company Foundation |
|---|---|---|
Jun. | ‧ Acquisition of Culture Depot Co., Ltd. And Hwa&dam Pictures, Inc | |
Sep. | ‧ Acquisition of KPJ Co., Ltd. | |
Dec. | ‧ <Guardian : The Lonely and Great God> Achieved Nationwide Viewer Ratings of 20% |
Content Industry Value Chain
Studio Dragon collaborates with diverse stakeholders across the content industry to develop and produce content. As a Premium Storyteller Group, the company is committed to creating Well-Made IP that allows audiences around the world to enjoy Studio Dragon's scripted series and be positively inspired by them.
