Pinterest
NewsLetter DailyWeekly
 
My HanCinema | Sign up, Why ? Your E-mail   Password    Auto| Help
HanCinema :: The Korean Movie and Drama Database, discover the South Korean cinema and drama diversity Contact HanCinema HanCinema on TwitterFaceBook HanCinema PageHanCinema on Twitter

Kakao to Invest in Talent Agencies

2018/06/28 Source

Kakao M, a subsidiary of dotcom giant Kakao, is taking steps to buy three entertainment management agencies.

Kakao already owns Melon, Korea's No. 1 online music-streaming site.

Kakao M said Wednesday it will buy a stake in BH Entertainment, which has among its stable of actors Lee Byung-hun, Go Soo, Yoo Ji-tae and Han Ga-in. It will also acquire a partial stake in J,Wide Company, which manages Lee Sang-yoon and Choi Daniel. It did not say how much it is paying.

It also signed a strategic tie-up agreement with Soop Entertainment which manages actors like Gong Yoo, Gong Hyo-jin and Jeon Do-yeon.

The move is aimed at tapping into the resurgent Korean Wave and using the entertainment business as a bridge to access overseas markets.

Kakao M plans to spin off its contents business into a separate unit. Lee Jae-wook, head of Kakao M, said, "We will take the new unit public next year".

Source : english.chosun.com/si...

Copy & paste guideline for this article
Always put a link back to the source and HanCinema permalink

Creative Commons License"Kakao to Invest in Talent Agencies"
by HanCinema is licensed under a Creative Commons Attribution-Share Alike 3.0 Unported License.
Based on a work from this source

Attention You're reading the news with potential spoilers, make them spoiler free, dismiss


 

 

 Previous news

Subscribe to HanCinema Pure to remove ads from the website (not for episode and movie videos) for US$0.99 monthly or US$7.99 yearly (you can cancel anytime). The first step is to be a member, please click here : Sign up, then a subscribe button will show up.

Settings

Remove ads

Sign up

Sharing

Activate

Spoilers

Visible, hide

Learn to read Korean in 90 minutes or less using visual associations