Next Entertainment World Co., Ltd. announced a private placement of 1,786,035 new shares at KRW 30,000 per share for gross proceeds of KRW 53,581,050,000 on October 8, 2014. The transaction will include participation from new investor, Zhejiang Huace Film & TV Co., Ltd. As part of the transaction, the investor will acquire 15% stake in the company. The transaction was approved at the 30th meeting of the 2nd directorate of Zhejiang Huace Film & TV Co., Ltd. The payment date for the transaction is expected on October 24, 2014.

The company reported total assets of KRW 117,497,619,600, KRW 86,111,814,200, owners' equity of KRW 31,385,805,400, revenues of KRW 126,443,564,900, operating profits of KRW 19,109,976,000, and net profits of KRW 18,869,352,200 for the financial year ended December 31, 2013.