A 2 trillion won ($1.4B) decade-long investment and a 500 billion won revenue target — expanding content, data, and commerce around a trust asset
EUGENE Group, a Korean conglomerate built on construction materials and finance, has formally declared media its next core business, pledging more than 2 trillion won (about $1.4 billion) in investment over the next decade and targeting more than 500 billion won in media revenue within five years.

The move comes as shrinking broadcast advertising squeezes Korea’s domestic media market — but set against where the global media industry is heading, it reads differently. Facing streaming-driven restructuring and contracting ad markets, global media groups are redefining their strongest asset — whether IP or brand — and rebuilding adjacent businesses around it. Disney is extending its IP into parks, experiences, and commerce; Paramount is absorbing Warner Bros. Discovery for scale. EUGENE Group is working from the same playbook, and has chosen trust as its axis.