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/