YG Entertainment announced on January 25 that they will be jointly investing in an upcoming drama titled 'Scarlet Heart' (also known as 'Moon Lovers') with American media company NBCUniversal.  

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News of this joint investment between NBCUniversal and YG is making headlines as it is NBC's first investment in an Asian drama series. 

'Scarlet Heart' was originally published as a novel in China back in 2006, and came to the small screen in 2011 as a drama of the same name. The series was a smash hit in China, recording first place in viewership ratings. 

The Korean remake, as you know, will star some of the biggest names in Hallyu such as Lee Jun Ki, IU, Kang Ha Neul, Hong Jong Hyun, Baekhyun, Nam Joo Hyuk, Ji Soo, Sung Dong Il, Kim Sung Kyun, and more! It really is a star-studded cast, isn't it? 

The Korean version of 'Scarlet Heart' is set to air simultaneously in Korea and China sometime in the second half of the year, so keep your eyes peeled for updates!