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ImaginAsian Entertainment

iatv.tv

Founded Year

2003

Stage

Corporate Minority | Alive

Total Raised

$20M

Last Raised

$20M | 15 yrs ago

About ImaginAsian Entertainment

ImaginAsian TV is an American TV network devoted to serving the cultures of the Asian American community

Headquarters Location

19 West 44th Street Floor 9

New York, New York, 10036,

United States

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Latest ImaginAsian Entertainment News

Sidus investing in ImaginAsian Ent.

Jul 10, 2018

5:00 AM PDT 8/22/2007byMark Russell, AP Empty SEOUL -- One of South Korea's leading entertainment companies, Sidus Corp., has agreed to invest $20 million in ImaginAsian Entertainment, an American television and multimedia company specializing in Asian content, the two companies said Tuesday. The equity investment is geared to help ImaginAsian expand its U.S. distribution and production activities in television, VOD, feature films, DVD, music and new media as well as provide the U.S. company with exclusive Korean content including feature films, television dramas and music. "We have long admired ImaginAsian Entertainment's achievements and standing in the highly competitive U.S. entertainment market," Sidus vice chairman Song Jay Bin said. "Through this agreement, Sidus' many entertainment properties will now have the opportunity to receive the deserved attention of consumers across America." "Sidus has been the gold standard for the development and production of Korean entertainment for more than a decade," added Augustine SC Hong, chairman of ImaginAsian Entertainment. "We are pleased that ImaginAsian Entertainment is being recognized by the entertainment community in Asia as a meaningful entry point in the U.S. entertainment arena." As part of the deal, Sidus also will provide television and music content from Mnet Media, a Korea-based music entertainment company. The Mnet deal is part of a $100 million entertainment fund operated by Sidus aimed at investing in the U.S. market. ImaginAsian Entertainment launched its U.S. cable television channel in 2004, and today brings content from across Asia to most major U.S. markets on Comcast Cable, Time Warner Cable and Cox Communications. Sidus is the founder and 20% owner of leading production house Sidus FNH, which has produced many of Korea's biggest films of the past several years, including "Memories of Murder" and "Tazza: The High Rollers." It recently announced plans to begin its own movie distribution in Korea.

ImaginAsian Entertainment Frequently Asked Questions (FAQ)

  • When was ImaginAsian Entertainment founded?

    ImaginAsian Entertainment was founded in 2003.

  • Where is ImaginAsian Entertainment's headquarters?

    ImaginAsian Entertainment's headquarters is located at 19 West 44th Street, New York.

  • What is ImaginAsian Entertainment's latest funding round?

    ImaginAsian Entertainment's latest funding round is Corporate Minority.

  • How much did ImaginAsian Entertainment raise?

    ImaginAsian Entertainment raised a total of $20M.

  • Who are the investors of ImaginAsian Entertainment?

    Investors of ImaginAsian Entertainment include Sidus.

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