History
Domeo Holdings was the name of the holding company established in 2008. In 2012, it changed its name after a merger through absorption with the wholly owned subsidiary Next Entertainment World.[9]
The music distribution corporation Music&NEW was established in 2012.
In 2013, it surpassed CJ E&M and ranked first in terms of audience with the success of Miracle in Cell No. 7 (12.81 million viewers), Hide and Seek (5.6 million viewers), and New World (4.68 million viewers).[10]
In 2013, global distribution corporation Contents Panda was established.
In 2014, Huace Media Group invested $52.7 million, and NEW was listed on KOSDAQ.[11] Huace Media Group was listed on the KOSDAQ market with a 15% stake in NEW and Chairman Kim Woo-taek with a 45% stake.[12] In 2015, NEW set up sports corporation Bravo&NEW and Korea-China joint venture Huace&NEW.
2016 marked the establishment of contents production corporation Studio&NEW.
The Cine Q movie theater branch opened in 2017. CINEQ opened its first branch in Gyeongju and its second branch in Gumi in 2017 and its Sindorim branch in Seoul in 2018.[12]
In 2017, the subsidiary Music & New Co., Ltd. acquired shares of Windmill Ent Co., Ltd. in order to expand its business area into music and music distribution, and in June 2018, through a small-scale and simple merger, Music & New Co., Ltd. absorb Windmill ENT and merged.[12]
In 2019, NEW established VFX company eNgine and digital contents business NEW ID.[13]
