Global Brain has invested in WHYNOT Media Co., Ltd. (WHYNOT Media), Korean short-form drama production, through its KDDI Open Innovation Fund III（KOIF III）. Under the slogan of "Content franchise for the new generation", WHYNOT Media produces various shot-form contents targeting the MZ generation on YouTube and OTT platforms. For the first time in a web drama, "Signs of unrequited love" and "When you notice a defect", which exceeded 100 million views, are the major works and with a cumulative total of more than 1,260 content IPs, the total number of views in 2020 was approximately 1.4 billion views. Global Brain highly evaluated the growth potential of short-form contents market and WHYNOT Media’s strong business development capability and incredible drive. Through this investment, Global Brain will provide various support with KDDI including business strategies development and expansion of their business to Japan. ## About WHYNOT Media

Name: WHYNOT Media Co., Ltd.

Location: Seoul, South Korea

Representative: Min-Seok Lee

Founded: Jan, 2016

Business: Short-form drama production targeting the MZ generation.

URL: http://whynot.video/

## About KOIF III

Name: KDDI Open Innovation Fund III

General Partner: Global Brain Corporation

Fund Size: 20 Billion JPY

## About Global Brain

Location: Tokyo, Japan

Representative: Yasuhiko Yurimoto

Founded: January, 1998

URL: https://globalbrains.com/

Global Brain has invested in WHYNOT Media Co., Ltd., Korean short-form drama production, through its KDDI Open Innovation Fund III