Maum Capital Group and Globalgate Entertainment end strategic and financial alliance

Maum Capital Group, a private company incorporated in South Korea, together with its subsidiaries and affiliates, has made a significant undisclosed investment in Globalgate Entertainment, creating a strategic and financial alliance. At the same time, William Pfeiffer, Executive Chairman of Globalgate, was appointed CEO of Maum’s subsidiaries focused on developing the group’s cross-cultural, content-based businesses, including Maum Culture Innovation and Maum Studios.

The alliance supports investment firm Maum’s plans to leverage and expand Korean and global content, filmmakers and talent worldwide. This is in addition to Globalgate’s 15 underwriters, including Lionsgate in the US/UK, Lotte in Korea, and the expansion of Globalgate’s global content production and co-financing business and expansion of Globalgate’s related businesses.

Headquartered in Seoul and Palo Alto, Maum Culture Innovation and Maum Studios, along with other Maum entities, are dedicated to exploring current and future trends in culture, lifestyle, food, technology, digital art and capital to create large-scale intellectual property. create. company targeting the global market with the latest technology and capital.

Since its inception in 2016, Globalgate has produced 20 films and built a content pipeline with more than 75 projects including films and digital//TV series in development with partners operating in 20 countries. With a primary focus on local content, Globalgate’s reach has expanded to include both international local language content and English language content.

Brian Koo, chairman of Maum Capital Group, said: “I am delighted to be associated with Globalgate and to continue to have William at the forefront of the grand vision as CEO of Maum Culture Innovation. As Maum will serve as the highest performing platform builder based on Web 3.0 technologies with numerous valuable IPs we build, Williams’ proven leadership and experience in leading world-class companies combined with Globalgate’s world-class team and consortium partners bring us even closer to building. from the definitive global master studio.

Pfeiffer added, “Throughout my career, I have worked to globalize the content business, producing films, series and television channels abroad with global popularity, while also bringing international content to the United States and around the world. With Brian Koo vision and resources, Maum is uniquely positioned to globalize entertainment through a unique combination of world-class intellectual property, world-class production partners, strategic capital deployment and emerging technologies.I look forward to focusing my energies on working with Brian and the Maum team work as I continue as Executive Chairman of Globalgate The opportunities for the convergence of technology and content across cultures, language groups and territories are accelerating at an unprecedented rate, and Maum is committed to driving this momentum.

Globalgate CEO and co-founder Clifford Werber and co-founder Paul Presburger continued: “Globalgate has built an impressive global content business with our underwriters and early investors and is now at a point where we can strategically and financially complement leading investors like Maum. Capital Group, advancing our respective goals based on the production and exploitation of global content, and advancing the careers and aspirations of global filmmakers and talent. We look forward to working with Maum, Brian Koo and our co-founder William Pfeiffer as we continue to grow our business.”