Mumm Capital Group and Globalgate Entertainment Strike Strategic and Financial Alliance

Privately held, Korea-based Maum Capital Group, along with its subsidiaries and affiliates, has made a significant undisclosed investment in Globalgate Entertainment, creating a strategic and financial alliance. At the same time, Globalgate Executive Chairman William Pfeiffer has been appointed CEO of Maum Affiliates as they focus on developing the group’s cross-cultural content-based businesses, which include Maum Culture Innovation and Maum Studios.

The alliance furthers investment firm Maum’s plan to tap and expand Korean and global content, filmmakers and talent on a global basis. It complements Globalgate’s 15 consortium partners, including US/UK Lionsgate, Korea’s Lotte, and expanding Globalgate’s global content production and co-financing business, as well as expanding Globalgate’s related businesses.

Headquartered in Seoul and Palo Alto, Maum Culture Innovation and Maum Studio work together with other Maum entities to explore current and future trends in culture, lifestyle, food, technology, digital arts and capital to create a large-scale IP. Business targeting the global market through state-of-the-art technology and capital.

Globalgate has produced 20 films since its launch in 2016 and has amassed a content pipeline of over 75 projects encompassing film and digital//TV series with operating partners in 20 countries. With an initial focus on local-content, Globalgate’s reach has expanded to both international local-language and English-language content.

Brian Koo, chairman of Maum Capital Group, said, “I am thrilled to be joining forces with GlobalGate and to lead William’s great vision as CEO of Maum Culture Innovation. As Maum will serve as the most powerful platform builder powered by Web 3.0 technologies with the numerous valuable IPs we are building, William’s proven leadership and experience at world-class leading companies, combined with GlobalGate’s world-class team and consortium partners, bring us even more assured global The main studio is close to construction.”

Pfeiffer added, “Throughout my career, I’ve been working to globalize the content business by creating movies, series and TV channels overseas with global popularity while bringing international content to the US and the rest of the world. With Brian Koo’s vision and resources, Maum is uniquely positioned to globalize entertainment through a unique combination of best-in-class IP, premier production partners, strategic capital deployment and new technologies. I am excited to focus my energies on working with Brian and the Maum team while continuing to serve as Executive Chairman of GlobalGate. The opportunities for convergence of technology and content between different cultures, language groups and regions are accelerating at an unprecedented scale and Mumm is keen to drive this momentum.”

GlobalGate CEO and Co-Founder Clifford Werber and Co-Founder Paul Pressberger said, “GlobalGate has built a strong global content business with our consortium partners and early investors and is now at a point where we strategically and financially complement prominent investors like MOM. can do Capital Group furthers our respective goals around the production and exploitation of global content and advances the careers and ambitions of filmmakers and talent worldwide. We look forward to working with Maugham, Brian Koo, and our co-founder William Phifer to further expand our business.”