IP INVESTMENT / CHARACTER

Character IP
Management.

OPERATING MODEL

Strategic IP Management Meets Operating Capability.

BDC Korea serves as the strategic IP portfolio management entity, with HNF as its strategic portfolio company. HNF operates the IP business platform, while its subsidiary Studio M-lab supports content production and derivative IP development.

OWNERSHIP / IP MANAGEMENT

BDC Korea

Strategic IP portfolio management

IP BUSINESS PLATFORM

HNF

Licensing, merchandising, master agency, and space expansion

hnf.co.kr ↗
SUBSIDIARY / CONTENT

Studio M-lab

Music remake, publishing, content production, and derivative IP

studiomlab.co.kr ↗

HNF · IP BUSINESS PLATFORM

Functions across the
commercial IP lifecycle.

01

IP Licensing & Merchandising

  • Character and brand IP licensing
  • Merchandise and consumer goods planning
  • Online and offline distribution
02

IP Master Agency

  • Creator recruitment and character agency operations
  • Expansion from licensee to licensor
  • Partner collaboration and brand commercialization
03

Space Expansion

  • Integration with the merged TOZ business
  • IP-themed spaces and experiential stores
  • Pop-ups and space branding

HOW OSMU CREATES VALUE

One source.
Multiple paths to value.

HNF’s One Source Multi Use strategy expands each IP across products, content formats, distribution channels, and experiential spaces. This creates multiple revenue opportunities from a single IP.

By extending the lifecycle and commercial reach of its IP portfolio, HNF aims to strengthen long-term earnings and asset value.

01

CORE IP

Original character, brand, or story asset

02

LICENSING

Partnership and master agency development

03

GOODS

Merchandise and consumer product planning

04

DISTRIBUTION

Online and offline retail expansion

05

EXPERIENCE

Pop-up, themed space, and branded content