Stayc's company has been acquired by Kakao M

Quote from 4d-maknae

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they now own two of the biggest 2020 rookies with a very promising future, stayc and weeekly. I hope nothing changes in their management , High Up is doing a great job promoting them.

I read CJ and Kakao are beefinig rn so that's probably the reason we aren't going to see stayc on m countdown or even Road to Queendom (if that happens)

CJENM's beef with Kakao could be the real reason why Izone was disbanded. FUCK THEM BOTH.

That being said, this is good for Stayc for sure. Kakao is huge, with 5x the revenue of HYBE and orders of magnitude larger than JYP, YGE, etc.

I don't think there should be any problems with them appearing on Mnet shows. The Boyz still appear on MCountdown (got two wins there for their last comeback even) and appeared on two Mnet survival shows (RTK and Kingdom). Weeekly also regularly appear on MCountdown and so do the Starship artists.

Heck, Starship even had the shadiest underdealings with CJ for the Produce franchise, managing to shoehorn their artists as mentors/judges (Soyou, Jooheon) and even MCs (Lee Dongwook) on the show apart from getting their trainees to do well.

The only issue StayC might face is that CJ used to own majority shares in HighUp until BEP bought them out only to sell them to Kakao. It might be an ego problem for CJ, but I still don't think StayC appearing on Mnet shows will be affected.

Quote from bartkun

Starship artists don't appear on M Countdown anymore after Monsta X decline Kingdom offer.

WJSN, and WJSN The Black didn't perform on M Countdown!

As for STAYC they also ain't performing there because HighUp was a joint venture between BEP and CJ E&M but then BEP bought out shares from CJ E&M, which probably made some people there mad. So since debut STAYC didn't perform in M Countdown.

Right, but Starship artists only stopped appearing after the Kingdom rejection. Weird because Nu'est still appear despite being in the news for declining Kingdom lol.

But just saying, simply being a part of Kakao is not a reason for their artists to stop appearing on Mnet shows. There are plenty of Kakao artists who still go.

The way I want CJ to magically allow StayC to participate in Road to Queendom and end the beef with Kakao

hmmm...interesting

Quote from SooYoung

Edam , the label of IU is also under Kakao

Isn't Edam established just for IU and her staff if I'm not mistaken?

It's true that Kakao M is one of the biggest companies, let's just hope the 2 groups will getting more benefit.

Quote from MrAkimo123

Isn't Edam established just for IU and her staff if I'm not mistaken?

yes, but it’s still under Kakao

Quote from WhimsyLand

yes, but it’s still under Kakao

Because she debuts at that company. It is formerly known as LOEN Entertainment

Quote from MrAkimo123

Isn't Edam established just for IU and her staff if I'm not mistaken?

Quote from WhimsyLand

yes, but it’s still under Kakao

I don't get what's in debate here, but High Up is now in the same boat as EDAM Entertainment. Kakao Entertainment holds 40% of the shares of both companies.

Quote from BlackpinkHouse

Izone was disbanded

izone disbanded bc their produce contract was over, y’all wizzies need to stop with your conspiracy theories

Maybe this photo is foretelling the future after all :

Quote from BlackpinkHouse

CJENM's beef with Kakao could be the real reason why Izone was disbanded. FUCK THEM BOTH.

That being said, this is good for Stayc for sure. Kakao is huge, with 5x the revenue of HYBE and orders of magnitude larger than JYP, YGE, etc.

Das grosse Fressen geht weiter.

Next victim besides IZ*ONE was GFriend.

After HYBE overtook Source Music in 2010 all kpop fans thougt a new Hype for GFriend under HYBE would CAME Up.

But the disappointment was great as GFriend has announced disbandment (two days before it's contract run out)