▲This photo, provided by Studio Santa Claus, shows logo of Santa Claus. (PHOTO NOT FOR SALE) (Yonhap)

 

 

SEOUL, Nov. 3 (Yonhap) -- Entertainment agency Studio Santa Claus Entertainment will downsize the management business and increase investment on production.

Studio Santa Claus Ent. announced on Tuesday, "We will reduce the size of managemen department temporarilry and form a partnership with skillful production company to create a synergy in drama and movie production category."

Ent. also said, "We will try to crack the overseas market by integrating our company's distribution and overseas departments and by enlarging our business to global market."

Established in 2004, Studio Santa Claus Ent. discovers and foster actors and has been expanding the investment for production and distribution of dramas and movies.

(This article is translated from Korean to English by Jiwon Woo.)

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