Toei Animation announced on Tuesday that it is forming a business partnership with South Korean film company CJ Entertainment to plan and produce live-action and animated content aimed the global market, particularly in Southeast Asia, North America, and Europe.
CJ Entertainment funded and distributed the Oscar-winning film Parasite, as well as such films and television series as On the Line and Crash Landing On You in South Korea.
The partnership aims to create three kinds of content: entirely new works, animated adaptations of previous hits, and live-action adaptations of previous hits.
The companies plan to start releasing works together in 2024.