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In this Korean name, the family name is Kim.
Kim Woo-taek
김우택
Born (1964-07-04) July 4, 1964 (age 60)
South Korea
Alma mater
OccupationFilmmaker
Years active2000–present
Employers
Korean name
Hangul
김우택
Hanja
金禹澤
Revised RomanizationGim U-taek
McCune–ReischauerKim Ut'aek

Kim Woo-taek (Korean: 김우택; born (1964-07-04)July 4, 1964) is a South Korean producer and entertainment executive. He is the founder and current chairman of Next Entertainment World (NEW), which started as a film investment and distribution company and expanded into the musical, record, and drama business. Kim establishing himself as a prominent content producer in South Korea after producing major hit with the drama Descendants of the Sun, as well as film Miracle in Cell No. 7 and Train to Busan, which garnered 10 million viewers.[1]

Kim's name made into the shortlist of Cine21 magazine's '50 Most Powerful Men in Korean Cinema' for seven consecutive years, spanning from 2001 to 2007.

Early life and education

[edit]

Kim Woo-taek, born on July 4, 1964, in Seoul, completed his high school education at Hwanil High School [ko] in 1984. He went on to graduate from Seoul National University's Department of Business Administration in 1988. In 1990, He earned a master's degree in business administration from Emory University Graduate School in the United States.[2][3]

He completed the CEO course at Sogang University and the Top Entertainment course at Hanyang University. He also completed the Cultural Content Global Leader Course at Seoul National University.[4]

Career

[edit]

After obtaining his master's degree in 1990, Kim began his career as an expert in mergers and acquisitions (M&A) in the planning department of the New York City branch of Samsung C&T. In 1996, he further advanced his career by joining Dongyang Global.[2][3][5]

In the following year, 1997, he relocated to On-Media, a subsidiary of the Korean food company Orion Group, which had been spun off from Dongyang Group. This move marked his entry into the film industry. At On-Media, he took on the role of general manager of the children's broadcasting channel Tooniverse. In 1999 He moved to another Orion Grup subsidiary Mediaplex established in 1999. Mediaplex brought a new wind to the theater world by operating Megabox Cineplex, which emerged as a representative theater district in Gangnam, Seoul. In 2001, He entered the film business by becoming an assistant managing director at multiplex theater chain Megabox.[6] Kim set a precedent for other theaters by introducing groundbreaking initiatives like hosting a film festival, theater membership, and Thursday releases, all under the slogan "A movie theater that is more fun than a movie."[3]

In December 2002, Kim served as managing director of Mediaplex. On January 24, 2002, Mediaplex's CEO Dam Cheol-gon announced that it will establish a separate corporation called 'Showbox' and begin full-fledged investment in production of Korean films and foreign currency import and distribution business. Regarding this, Mediaplex managing director Kim Woo-taek said, "We will secure high-quality content through close consultation with domestic production and investment companies," adding, "The investment decision for some works has already been finalized, so full-scale sales will begin as early as the second half of this year." “We can get started," he said. Mediaplex also plans to import foreign currency and distribute about 20 domestic and foreign films per year.[7]

Mediaplex was absorbed and merged with Showbox in 2003 and Kim became CEO.[5][8][9] During his tenure, Kim's skills were recognized through successful box office achievement starting from Taegukgi (2004). In 2005 with Marathon (5.18 Million viewers), followed by Welcome to Dongmakgol (8 Million viewers) and Family Crisis (5.4 Million viewers), which ranked first, second, and third, respectively. These films secured the 4th, 7th, and 9th positions in the all-time Korean film box office success rankings.[10] Followed by the box office success of The Host (2006).[11][8] In April 2008 Kim became CEO of Megabox.[9]

In 2008, Kim established a film distribution and investment company called Next Entertainment World (NEW). Starting with only four staff members and a capital of 2 billion won, he initiated this startup enterprise. Seo Dong-wook and Jang Kyung-ik were among the four original members who established NEW.[12][13][14][15] The company's headquarters were situated in a corner of a building in Samseong-dong.[16][17]

Unfortunately, not long after, a fire broke out in the building. Although there were no casualties, everything was destroyed. Reflecting on the incident, he remarked, "Everything burned down. It was a traumatic experience, but it all depended on how you interpreted it. I believed it was a way for things to fall into place." Undeterred by the setback, he set out to explore new horizons in the entertainment industry. Overcoming the challenges posed by the accident, he started anew from scratch, determined to carve out a fresh path for himself and his company.[16]

NEW has been steadily making a name for itself in the film industry as a small yet robust company. Starting to increase profits through distribution of the Hollywood film Twilight in the first year.[18][19]

In 2010, New began investing in and distributing Korean films in earnest. Its investment strategy involved diversifying its portfolio by producing multiple small, low-budget films, rather than putting all its resources into one project. After The Fixer became a box office success and Hello Ghost exceeded 3 million viewers, the industry began to pay attention to New's strength. Based on his confidence at this time, he began distributing works that were difficult for large companies to invest in, such as Late Blossom and Pietà. Late Blossom was a work that major distributors ignored, saying, "Who would watch a movie featuring a grandfather?"[20] When Director Kim Ki-duk received the honor of the Golden Lion at the 69th Venice International Film Festival for Pietà. Kim Woo-taek as Producer witnessed a moment of glory and history enjoyed by the Korean film industry.[21]

In 2011, Kim made a bold decision to leave his secure position as the CEO of Showbox Mediaplex and assumed position as NEW's CEO.[22][23]

It was in 2013 that NEW finally garnered significant attention. The company had made its debut in 2012 by releasing blockbuster films like All About My Wife, The Grand Heist, and Pietà.[24] Building on this success, NEW continued to captivate audiences in 2013 with hits such as Miracle in Cell No. 7. NEW continued to captivate audiences in 201, it surpassed competitors like CJ E&M, Showbox, and Lotte, and ranked first in terms of audience with the success of Miracle in Cell No. 7, Hide and Seek (5.6 Million viewers), and New World (4.68 Million viewers).[16][25]

Miracle in Cell No. 7 and New World were films that were rejected by other major companies. Kim was fascinated by the story of New World. The employees were all against it, but Director Park Hoon-jung asked for a little more time. But the scenario was completely different. When Kim thought about why it became so interesting, it turned out that the story wasn't changed, but the characters were made clearer. Kim think It was so amazing and have trust.[26]

"We communicate with people and make investment decisions based on whether it is enjoyable or not. These criteria remain consistent for all content."—Kim Woo-taek[27]

In August 2013, he established NEW subsidiary Content Panda, a content distribution rights distribution business.[11] Moreover, with the release of The Attorney, another movie that exceeded 10 million views, at the end of 2013, New is enjoying its peak.[20]

In November 2013, NEW supported the 5 billion won project December, a large-scale domestic creative musical held at Sejong Center for the Performing Arts in Seoul from December 6. Directed by Jang Jin and featuring popular artist Kim Junsu, December showcased the songs of Kim Gwang-seok and was a highly anticipated production expected to be a box office success among year-end musicals.[28]

After that period, there was a challenging downhill journey. In 2014 and 2015, Heosamgwan and Daeho encountered significant setbacks, resulting in a sharp decline in stock prices and raising concerns about the Company financial condition. However, Kim Woo-taek remained steadfast in his resolve, showing unwavering determination regardless of the business's performance. In fact, during the past two years, the company has been actively expanding its foundation by establishing divisions dedicated to musicals, sports, and music. Additionally, it has successfully formed connections between China's financial hub and the entertainment industry.[27]

In October 2014, Next Entertainment World (NEW) received an investment of around 53.5 billion won from Huache Media, China's largest entertainment group.[29] This led to speculation that the profits from dramas were going to China. Kim clarified the situation by stating, "While it is true that Huache Media invested in and co-produced Descendants of the Sun, they are not direct investors in the drama but shareholders." He emphasized that the direct profits associated with the drama Descendants of the Sun belong to NEW and KBS, drawing a clear distinction.[27]

In February 2015, he embarked on a sports marketing and management venture through Bravo & New. Notably, Bravo & New also represents the players of the women's national curling team, who captivated the public with their outstanding performance at the Pyeongchang Winter Olympics.[11]

In 2016, NEW has taken its first step into the theater business. On April 1, NEW acquired CGV Sindorim for 30 billion won. CGV Sindorim has a total of 10 theaters and 1,486 seats, and has been operated by CGV.[30]

In the same year NEW released Train to Busan in the summer market, which is considered the largest market of the year. Kim pushed ahead with the Train to Busan project with the belief that even zombies would have potential if the story had power.[31][32]

"The zombies, freed from their reins, ran at a frightening speed and were eventually able to win the 10 million movie title. I was confident. After watching the movie, I decided that it would be good to put it on the summer market. I myself don't usually watch zombie movies."

Train to Busan set the all-time record for daily attendance (1.28 million) and exceeded 10 million viewers, making it the only film of 2016 to achieve this milestone. It garnered positive reviews from both critics and the public for successfully adapting the zombie theme, commonly found in Hollywood movies, to Korean sensibilities.[33]

NEW's first drama production was the KBS 2TV drama Descendants of the Sun. CEO Kim Woo-taek stated, "I came across 'Descendants of the Sun' by chance. I was exchanging greetings with a junior colleague of mine who mentioned that they were preparing a drama. A few days later, we met and I learned about it, and I was immediately drawn to it." Descendants of the Sun achieved the highest viewership rating of 38.8% in the first half of the year, setting an unprecedented record despite the declining viewership ratings for terrestrial dramas. In June 2016, it received the grand prize in the TV category at the 52nd Baeksang Arts Awards.[31]

In 2018, he was appointed Chairman of Next Entertainment World.[34]

In 2021, NEW (Next Entertainment World, Chairman Kim Woo-taek) signed a content supply contract with OTT service Coupang Play and decided to provide 25 movies.[35]

Personal life

[edit]

Kim Woo-taek practices Christianity as his religion and follows the motto "Be thankful in everything," derived from a Bible verse.[4]

Kim Woo-taek tries to find something to do with his employees, such as going to a rock café during company dinners and having free discussions while watching plays or musicals.[36][37]

He married his spouse, Han Mi, on June 16, 1990, and has one son and one daughter.[2] His father-in-law is Han Wan-sang, former Deputy Prime Minister and Minister of Unification.[27]

Filmography

[edit]

Film

[edit]
Feature film credit produced by NEW
Year Title Ref.
English Original
2008 Cyborg She 僕の彼女はサイボーグ [38]
2009 A Season of Good Rain 호우시절 [39]
2010 Poetry 시 [40]
Death Bell 2: Bloody Camp 고死 두번째 이야기 : 교생실습 [41]
Haunters 초능력자 [42]
Late Blossom 그대를 사랑합니다 [43]
Hello Ghost 헬로우 고스트 [44]
2011 Poongsan 풍산개 [45]
Blind 블라인드 [46]
Marrying the Mafia IV 가문의 영광4 – 가문의 수난 [47]
Unbowed 부러진 화살 [48]
Come Rain, Come Shine 사랑한다, 사랑하지 않는다 [49]
The Cat 고양이: 죽음을보는 두개의눈 [50]
2012 Dangerously Excited 나는 공무원이다 [51]
Miss Conspirator 미쓰 GO [52]
The Grand Heist 바람과 함께 사라지다 [53]
Pietà 피에타 [54]
Ghost Sweepers 점쟁이들 [55]
Love Fiction 러브 픽션 [56]
All About My Wife 내 아내의 모든 것 [57]
Love 911 반창꼬 [58]
2013 The Attorney 변호인 [59]
Cold Eyes 감시자들 [60]
Miracle in Cell No. 7 7번방의 선물 [61]
New World 신세계 [62]
The Fake 사이비 [63]
Hide and Seek 숨바꼭질 [64]
2014 Sea Fog 해무 [65]
For the Emperor 황제를 위하여 [66]
Fashion King 패션왕 [67]
Man in Love 남자가 사랑할 때 [68]
2015 Twenty 스물 [69]
Chronicle of a Blood Merchant 허삼관 [70]
The Phone 더 폰 [71]
Northern Limit Line 연평해전 [72]
The Beauty Inside 뷰티 인사이드 [73]
You Call It Passion 열정 같은 소리 하고 있네 [74]
The Tiger 대호 [75]
2016 Train to Busan 부산행 [76]
Pandora 판도라 [77]
2017 Because I Love You 사랑하기 때문에 [78]
The Mimic 장산범 [79]
2017 The King 더킹 [80]
Lucid Dream 루시드 드림 [81]
One Line 원라인 [82]
What a Man Wants 바람 바람 바람 [83]
The Villainess 악녀 [84]
Steel Rain 강철비 [85]
2018 Psychokinesis 염력 [86]
Herstory 허스토리 [87]
Believer 독전 [88]
The Great Battle 안시성 [89]
Rampant 창궐 [90]
2019 Homme Fatale 기방도령 [91]
Birthday 생일 [92]
Inseparable Bros 나의 특별한 형제 [93]
Cheer Up, Mr. Lee 힘을 내요, 미스터 리 [94]
Start-Up 시동 [95]
2020 Honest Candidate 정직한 후보 [96]
Peninsula 반도 [97]
Night in Paradise 낙원의 밤 [98]
The Call 콜 [99]
2021 Hostage: Missing Celebrity 인질 [100]
Perhaps Love 장르만 로맨스 [101]
2022 Special Delivery 특송 [102]
The Witch: Part 2. The Other One 마녀 2: the other one [103]
Honest Candidate 2 정직한 후보 2 [104]
The Night Owl 올빼미 [105]
2023 Soulmate 소울메이트 [106]
Long D 롱디 [107]
The Childe 귀공자 [108]
Smugglers 밀수 [109]
Marrying the Mafia: Returns 가문의 영광:리턴즈 [110]

Television Series

[edit]
Television drama credits
Year Title Network Director Production house Ref.
English Korean
2016 Descendants of the Sun 태양의 후예 KBS2
  • KBS
  • Next Entertainment World
  • Barunson Inc.
  • Descendants of the Sun SPC
 [111]
2018 Ms. Hammurabi 미스 함무라비 JTBC Kwak Jung-hwan Studio&NEW [112]
The Beauty Inside 뷰티 인사이드 Song Hyun-wook
  • Studio&NEW
  • Yong Film
 [113]
2019 Chief of Staff 보좌관 Kwak Jung-hwan
  • Studio&NEW
 [114][115]
2020 Oh My Baby 오 마이 베이비 tvN Nam Ki-hoon
[116]
Graceful Friends 우아한 친구들 JTBC Song Hyun-wook
  • Studio&NEW
  • SLL
  • JCN
 [117]
2020–2021 Delayed Justice 날아라 개천용 SBS TV Kwak Jung-hwan
  • Studio&NEW
 [118]
2021 Doom at Your Service 어느 날 우리 집 현관으로 멸망이 들어왔다 tvN Kwon Young-il
[119]
The Devil Judge 악마판사 Choi Jung-kyu [120]
2023 Doctor Cha 닥터 차정숙 JTBC
  • Kim Dae-jin
  • Kim Jung-wook
  • Studio&NEW
  • SLL
  • JCN
 [121][122]
2023–2024 Tell Me That You Love Me 사랑한다고 말해줘 ENA Kim Yoon-jin
  • Studio&NEW
  • Artist Studio
 [123]
2024 Good Partner 굿파트너 SBS TV Kim Ga-ram
[124]
Good Boy 굿보이 JTBC Shim Na-yeon
  • SLL
  • Drama House Studio
 [125]

Web series

[edit]
Web series
Year Title OTT Director Production house Credited as Ref.
English Korean Planner Investor
2022 Rookie Cops 너와 나의 경찰수업 Disney+ Kim Byung-soo
  • Studio&NEW
  • The Walt Disney Company (Korea)
 No Yes [126]
2023 Moving 무빙 Park In-je
  • Studio&NEW
  • Mr. Romance
  • The Walt Disney Company (Korea)
 Yes Yes [127][128]
2024 The Tyrant 폭군 Park Hoon-jung
  • Goldmoon
  • Studio&NEW
 No Yes [129][130]

Stage

[edit]
Musical play(s) credits
Year Title Credited as Restage Ref.
English Korean
2013 December: Unfinished Song 디셈버: 끝나지 않은 노래 Investor 2014

Accolades

[edit]

Award and nomination

[edit]
Awards and nominations received by Kim
Award Year Category Recipient Result Ref.
2nd Cultural Contents Global Leader Award
from the Seoul National University
Cultural Contents Global Leader Course
Alumni Association 		2009 Global Leader Award Kim Woo-taek Won [131]
69th Venice International Film Festival 2012 Golden Lion Award Pietà Won [132][133]
Golden Mouse Won
Leoncino d'Oro Agiscuola Award (Little Golden Lion) Won
Nazareno Taddei Award Won
Black Movie Film Festival 2012 Critics Prize Nominated
Tokyo Filmex 2012 Audience Award Won
32nd Korean Association of Film Critics Awards 2012 Best Film Won [134]
FIPRESCI Award Won
49th Grand Bell Awards Best Film Nominated [135]
33rd Blue Dragon Film Awards Best Film Won [136][137][138]
17th Satellite Awards Best Foreign Language Film Won [139]
4th KOFRA Film Awards Best Film Won [140][141]
23rd Fantasporto Director's Week Best Film Won [142]
7th Asian Film Awards Best Film Nominated [143][144][145]
49th Baeksang Arts Awards Best Film Nominated [146]
5th Filmmaker of the Year Award
hosted by the Korean Film Journalists Association 		2014 Filmmaker of the Year Award Kim Woo-taek Won [147]
16th Udine Far East Film Festival 2014 Black Dragon Audience Award The Attorney[a] Won [148]
First Runner-up, Golden Mulberry Award Won
50th Baeksang Arts Awards 2014 Best Film Won [149]
23rd Buil Film Awards 2014 Best Film Nominated [150]
Buil Reader's Jury Award Won
35th Blue Dragon Film Awards 2014 Best Film Won [151][152][153][154]
51st Grand Bell Awards 2014 Best Film Nominated [155][156]
Max Movie Award 2014 Best Film Nominated [157]

Listicle

[edit]
Listicle of Kim
Publisher Year List Placement Ref.
Cine21 2001 Chungmuro 50 Power Filmmaker 18th [158]
2002 20th [159]
2003 8th [160]
2004 5th [161]
2005 4th [162][163]
2006 3rd [164]
2007 4th [165][166]
E-Daily 2016 Best Cultural Leader 4th[b] [167]
Herald Economy 2013 Pop Culture Power Leader Big 30 10th [168]
2014 12th [169]
Korea CXO Research Institute[c] 2023 34 people in the '10 billion club' of culture and content stocks 8th [170]
Leader+[d] 2019 10 Leaders who Lead K-Culture Top 10 [171][172]
MaxMovie 2016 Power Creator 30
selected by MaxMovie Film Research Institute 		Top 30 [173][174]
Money Today Star News[e] 2007 Entertainment Power Number One 4th [18]

Notes

[edit]
  1. ^ Award shared with Choi Jae-won
  2. ^ Tied with Kim Eun-sook (10 votes, 7.5%)
  3. ^ the Korea CXO Research Institute is a corporate analysis agency
  4. ^ Business People (www.businesspeople.co.kr), a recruitment portal for experienced executives and professionals
  5. ^ in celebration of the 3rd anniversary of Money Today Star News (September 1st)

References

[edit]
  1. ^ "Kim Woo-taek NEW".
  2. ^ a b c Lee, Ji-hye (2016-10-25). "[Who Is ?] 김우택 NEW 대표" [[Who Is ?] Kim Woo-taek NEW CEO]. 비즈니스포스트. Retrieved 2024-01-10.
  3. ^ a b c "김우택 메가박스 대표 "지식보다 크리에이티브가 중요하죠"" [Kim Woo-taek, CEO of Megabox, "Creative is more important than knowledge"]. 한국대학신문 – 429개 대학을 연결하는 '힘' (in Korean). 2008-09-26. Retrieved 2024-01-21.
  4. ^ a b Jo, Seung-ri (2019-11-05). "[Who Is ?] 김우택 넥스트엔터테인먼트월드 대표이사 회장" [[Who Is ?] Kim Woo-taek, CEO of Next Entertainment World]. 비즈니스포스트. Retrieved 2024-01-10.
  5. ^ a b "[CEO라이벌 열전] 영화배급 '각자도생' 롯데시네마 차 vs NEW 김우택" [[CEO rivalry battle] Movie distribution 'Each student' Lotte Cinema Jeon-cheon vs NEW Kim Woo-taek]. BizKorea (in Korean). 17 April 2018. Retrieved 2024-01-21.
  6. ^ "튜브엔터테이먼트 인수하는 미디어플렉스 상무 김우택" [Kim Woo-taek, managing director of MediaFlex, acquiring Tube Entertainment]. Cine21 (in Korean). 2001-06-27. Retrieved 2024-01-21.
  7. ^ "오리온 그룹…영화배급업 본격 진출" [Orion Group... Entering the film distribution business in earnest]. Naver News (in Korean). Retrieved 2024-01-21.
  8. ^ a b "[공모기업]미디어플렉스, '태극기휘날리며' 등 영화배급사" [[Public venture company] Mediaplex, movie distribution companies such as 'Taegeukgi flying']. 언론사 뷰. Retrieved 2024-01-21.
  9. ^ a b Ko, Jae-seok (2017-02-07). "극장업으로 리턴한 메가박스 산파역 김우택" [Kim Woo-taek, Megabox midwives, who returned to the theatre]. Sisa Journal (in Korean). Retrieved 2024-01-23.
  10. ^ "[문화 여기 지금] 영화투자 '미다스의 손' 김우택 대표" [[Culture here now] Kim Woo-taek, CEO of the film investment 'Hand of Midas']. 언론사 뷰. Retrieved 2024-01-21.
  11. ^ a b c No, Cheol-jung (2018-11-01). "김우택 NEW 회장, 미디어 콘텐츠 왕국 꿈꾸다" [New Chairman Kim Woo-taek dreams of a media content kingdom]. 인사이트코리아 (in Korean). Retrieved 2024-01-10.
  12. ^ "[인사] NEW, 장경익 영화부문 대표이사 선임". 스포츠한국 (in Korean). 2019-01-09. Retrieved 2024-01-21.
  13. ^ "20억으로 설립한 뉴, 어떻게 영화계에서 떠올랐나". OhmyStar (in Korean). 2013-01-07. Retrieved 2024-01-23.
  14. ^ "[커버스토리 | 한국 영화 '천만시대' 03] "매출보다 수익에 집중, 될 만한 작품 고르죠"". Naver News (in Korean). Retrieved 2024-01-23.
  15. ^ main. "NEW 서동욱 부사장, 언제나 새로운 길 위에서, 즐거운 고군분투 중". Korea University (in Korean). Retrieved 2024-01-23.
  16. ^ a b c "[김지수의 인터스텔라] '태양의 후예' 만든 New 김우택 대표 "사업계획 세워본 적 없다, 직원들과 꿈을 공유할 뿐!"" [[Kim Ji-soo's interstellar] 'New CEO Kim Woo-taek, a descendant of the sun, "I've never made a business plan, I just share my dreams with my employees!"]. The Chosun Ilbo (in Korean). 2020-07-23. Retrieved 2024-01-10.
  17. ^ "김우택 NEW 총괄대표, 영화기자가 뽑은 '올해의 영화인' 선정" [New General Representative Kim Woo-taek was selected as the 'Filmman of the Year' by the film reporter]. 언론사 뷰. Retrieved 2024-01-21.
  18. ^ a b "20억으로 설립한 뉴, 어떻게 영화계에서 떠올랐나" [New, founded with 2 billion won, how did it come to mind in the film industry?]. OhmyStar (in Korean). 2013-01-07. Retrieved 2024-01-21.
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