S. Korea's Signal Entertainment signs MOU with Bunim-Murray

SEOUL, March 31 (Yonhap) -- Signal Entertainment Group, a South Korean television production company, said Friday it has forged a memorandum of understanding with the U.S. production company Bunim-Murray Productions for future collaborations. The companies will work together to create new TV programs and formats, the South Korean company said. Banijay Group, a Bunim-Murray affiliate, will handle worldwide distribution of joint-developed content outside of South Korea and China. Founded in 1991, Signal Entertainment has produced more than 60 shows, including the music variety show "I Can See Your Voice," and has lately ventured into the drama genre, having produced the hit thriller "Defendant." Bunim-Murray was formed in 1987 and has created a number of hit reality TV shows, including MTV's "Real World" and "Project Runway," a fashion-oriented show, which also saw a Korean remake. "This deal will be an important turning point for us in the Asian market," said Kim Jong-sang, president of Signal Entertainment. odissy@yna.co.kr (END)