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GlobeVISION to distribute Korean television drama
MUMBAI: GlobeVISION, Inc., a global media company with North American headquarters in Los Angeles, will distribute the hit Korean television drama Spring Waltz through its on-demand Internet Protocol Television (IPTV) service for Asian-Americans and Asian-Canadians.
The Korean TV drama will make its North American premier from 1 July 2006 through GlobeVISION‘s PIE service.
GlobeVISION‘s deal with Yoon‘s Color, the television drama production studio in Korea, is the first time an independent television production studio is directly distributing its programs to North America without the support of a Korean broadcaster, according to an official release.
GlobeVISION‘s PIE service is available in limited markets now and will launch nationwide later this year with thousands of Korean titles ranging from movies to television series to news and sports.
Spring Waltz is a twenty-episode drama series viewed by 31 per cent of the country when it aired on KBS in Korea, the highest rating for a drama this year. It is the fourth and final in a season-themed sequence from director Yoon, Seok Ho, whose Winter Sonata went on to be the highest rated Korean drama ever broadcast in Japan. This series represents the best of the new Korean wave of culture known as Hallyu.
“This deal to premiere Spring Waltz in North America demonstrates how GlobeVISION‘s PIE service is the perfect platform for all production and content companies across Asia to directly reach Korean-Americans and Korean-Canadians,” states GlobeVISION CEO Edward Bach. “We are excited to bring such a big hit from Korea directly to the television sets of North America,” he adds.
Korea‘s two largest private broadcasters (MBC and SBS), largest cable media group (CJ Media), top movie studio (CJ Entertainment), and largest Christian programming broadcaster (CGN TV) have recently signed deals positioning
GlobeVISION and the powerhouse distribution channel for Korean content in North America. The service will quickly expand to include programming from all over Asia including China and India, the release adds.
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Canva acquires animation and AI startups Cavalry and MangoAI
The deals strengthen Canva’s push into enterprise and AI-led design workflows
AUSTRALIA: Global visual communication platform Canva has stepped up its acquisition drive, buying UK-based 2D animation platform Cavalry and US-based AI startup MangoAI to deepen its AI-powered creative stack.
Cavalry, whose tools are used by brands including Amazon, Meta, Google and Netflix, will strengthen Canva’s motion design capabilities. The deal builds on Canva’s 2024 acquisition of Affinity, which has crossed four million downloads since launch. With Cavalry, Canva now counts seven Europe-based acquisitions, underscoring its global expansion strategy.
MangoAI, an early-stage startup focused on video advertising optimisation, will integrate its reinforcement learning systems into Canva AI. The move aims to enable brands to generate personalised marketing content in real time, cutting production cycles while improving campaign performance. MangoAI co-founder Vinith Misra will join Canva as reinforcement learning lead in its research lab.
Canva co-founder and chief operating officer Cliff Obrecht said the acquisitions reflect the company’s ambition to make professional-grade creative tools more accessible without sidelining human creativity. The goal, he said, is to bring everything from vector to motion design into a single, integrated suite.
The company now reports 265 million active users, including 31 million paid subscribers, and $4 billion in annualised revenue, up 36 per cent year on year. The latest buys further position Canva against rivals such as Adobe and Apple’s Creator Studio as it pushes deeper into enterprise workflows.
Canva head of pro design marketing Liam Fisher, said AI is intended to act as a creative assistant rather than a replacement, reinforcing the primacy of craft and individual design judgement.
