Studio 1officially bowed last week

CJ Media, an offshoot of South Korean conglom CJ Group, has opened Vietnam’s most modern TV production studio as a joint venture with private-sector film shingle Vifa.

Facilities at the complex near Ho Chi Minh City, known only as Studio 1, include a 43,000-square-foot indoor stage and a 65,000-square-foot backlot with standing sets that include traditional Vietnamese street scenes.

CJ Media did not disclose the cost of the site, but local Vietnamese media put the dollar investment in the low seven figures.

The facility officially bowed a week ago, and CJ Media has already begun production on 100-episode TV drama “Mui Ngo Gai.” Company said it will produce 200 hours of TV programming there in 2007.

Studio 1 also will be open for hire by third-party producers. Operators said they will assist with permits, legal services, equipment and crew sourcing.

Although less well-known internationally than its movie-sector cousin CJ Entertainment, CJ Media operates seven cable TV networks in Korea, as well as pay-per-view and video-on-demand channel CGV Choice and digital data service Ozic Mnet. Expanding sales of its current shows and content library, company is exhibiting at this week’s Broadcast Worldwide convention and market in Seoul.

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