Fundraising Fox

CANVAS N

Seoul, KR · Public · 1 known investors

Canvas N is a total entertainment group that produces digital cultural content, including Korean Wave media across multiple platforms. The company operates art-tech platforms, new technology solutions, and VFX services for the global entertainment market.

Also known as (주)캔버스엔 · Canvas N Co Ltd · Victory Contents Co Ltd · 캔버스엔

Investors · 1

Company profile

researched Aug 2026

CANVAS N (캔버스엔, Canvas N Co Ltd), formerly Victory Contents Co Ltd, is a Korea-based video broadcasting program production company. Its principal activities are the production of television dramas, original soundtracks (OSTs) and albums, alongside advertising sponsorship and the sale of copyrights in domestic and overseas markets.

The company's site organizes its output across TV series, film, upcoming projects ("NEXT") and OST, and lists drama titles including 그래, 이혼하자, 완벽한 가족, 진짜가 나타났다!, 커튼콜, 징크스의 연인, 대통령 정약용, 스폰서, 멀리서 보면 푸른 봄 and 달이 뜨는 강. It also maintains investor relations sections covering stock information, financial information, disclosures, IR activities and public notices, consistent with its status as a listed issuer.

Business model

CANVAS N produces drama and film content and monetizes it through advertising sponsorship and the sale of domestic and international copyrights, as well as through production and sale of OSTs and albums.

Revenue is generated from production of broadcast programs, advertising sponsorship arrangements, and copyright sales in domestic and overseas markets, plus music (OST/album) sales.

Traction

Reported total revenue of KR₩21,203m in 2021, KR₩32,230m in 2022, KR₩17,543m in 2023, KR₩9,624m in 2024 and KR₩3,999m in 2025, a declining trend over the period. As of the latest reported figures the company had 7 employees, 5,923 shareholders and 9,694,343 shares in issue, with a market capitalisation of about KR₩14bn.

Latest developments

An announcement dated November 26, 2024 reported that Victory Contents would acquire real estate worth 20 billion won. An extraordinary shareholders meeting is scheduled for September 11, 2026. The company's news section carries press releases through August 2026 for the drama 그래, 이혼하자.

Full profile — market position, go-to-market, geography, history, risks & controversies

Market position

Classified within the media and publishing sector on KOSDAQ, with peer companies listed on the same exchange including 4by4, Adforus, AniPlus, Artist and Artist Studio.

Go-to-market

Content is produced in-house and distributed through broadcast partners, with revenue supported by advertising sponsorship and domestic and international copyright sales; a public website presents its portfolio, news releases and IR disclosures.

Broadcasters and distribution platforms in Korea and overseas that license drama and film content, together with advertising sponsors and music consumers.

Geography

Headquartered in Seoul, South Korea, at 16F, 76 Sangamsan-ro, Mapo-gu (YTN News Square), Sangam-dong. The company sells its products in both domestic and overseas markets.

History

The company was incorporated on April 4, 2003 and has been publicly traded since December 16, 2014 on the Korea Exchange KOSDAQ market under ticker 210120. It was previously named Victory Contents Co Ltd before adopting the Canvas N name.

Risks & controversies

Financial data show declining revenue over 2021-2025, negative return on capital (-5.01%), return on equity (-77.77%) and operating margin (-21.37%), and no dividend is paid. Share price performance has been negative, down roughly 51.6% over the prior 365 days.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesJan 20267
Market capitalisationJan 2026KR₩14bn
Operating marginJan 2026-21.4%
Return on capitalJan 2026-5%
Return on equityJan 2026-77.8%
Share priceJan 20261,472 KRW
ShareholdersJan 20265,923
Shares in issueJan 20269,694,343
Total revenueJan 2025$4B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings
Sep 2026
Extraordinary shareholders meeting scheduled

Canvas N Co Ltd extraordinary shareholders meeting listed as an upcoming event.

source ↗

Nov 2024
Announcement: Victory Contents to acquire real estate worth 20 billion won

An announcement reported that Victory Contents would acquire real estate valued at 20 billion won.

source ↗

Dec 2014
Listed on KOSDAQ under ticker 210120

The company became publicly traded on the Korea Exchange KOSDAQ market on December 16, 2014.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does CANVAS N do?
KOSDAQ-listed Korean content company producing TV dramas, films, OSTs and albums, formerly named Victory Contents.
Who are CANVAS N's investors?
CANVAS N's investors include Kiwoom Investment.
Where is CANVAS N headquartered?
CANVAS N is headquartered in Seoul, KR.