J Contenttree expects collaboration with Netflix and Disney Plus (Daishin Securities)

Daishin Securities said on the 18th that it should pay attention to collaboration with Netflix and Disney Plus on J Contenttree.

The target price remained at 81,000 won and the investment opinion remained 'buy'.

J Contenttree will release its second original 'Hellbound' on the 19th, following the first Netflix original ' D.P'. Daishin Securities expected to improve the performance of its production subsidiaries, which suffered losses of about KRW 9 billion in the third quarter, as J Contenttree unveiled Netflix's second original "Hellbound" on the 19th.

J Contenttree has confirmed the launch of a total of six Netflix original lineups since August. It is analyzed that the rapid collaboration with Disney is also drawing attention. Daishin Securities explained, "There are 14 Korean dramas currently released on Disney Plus, all of which are works of J Contenttree.".

"J Contenttree sold a total of 53 pieces, including simultaneous broadcasting and old works, to Netflix, and the sale of 14 pieces to Disney Plus, which just started the service, is a quick move," Daishin Securities said. "J Contenttree will lead the content industry as production will be expanded at home and abroad from this year.".

Reporter Lee Dong-hoon usinvestmentidea2020@gmail.com