Kakao Entertainment might establish themselves as Kpop Entertainment agency due to The Boyz and STAYC growth

kakao.jpg

do I found right translation online?

any Korean experttooo can correct me

Quote from Poetry

They have

• IST Entertainment (formerly Play M)
• Starship Entertainment
• EDAM Entertainment
• Bluedot Entertainment
• High Up Entertainment

that I know but this could be more about moving to big building with big Kakao Entertainment logo above

they already have something like that with few agencies being in one building, maybe that merger of Play M and Cre.ker was already part of making those two being in one building because then only one big sign can be used which is always better than multiple ones

Quote from alexS

Pretty sure they have Antenna as well, plus SM soon

yeah but it's like one month old thread so then they didn't

also I don't think they will go for SM, I think they focused on few smaller agencies well at least in terms of the money they've needed to spent,

Kakao has withdrawn from the battle against CJ Group to acquire SM Entertainment. Therefore, there is a high possibility that SM Entertainment, the first-generation entertainment agency, will be taken over by CJ Group.

According to the Investment Banking (IB) industry, on October 15, Kakao Entertainment, which was a candidate in acquiring SM Entertainment, decided to withdraw their pursuit of an acquisition. It seems that Kakao Entertainment considered the recent criticism that the company is entering various fields and expanding in too many directions.

and not long before this info about withdrawal was posted also this was released:

Kakao founder apologizes for controversy over aggressive biz expansion | Yonhap News Agency

SEOUL, Oct. 5 (Yonhap) -- Kim Beom-su, the founder of South Korean internet giant Kakao Co...

en.yna.co.kr

The Kakao founder has faced even more scrutiny over K Cube Holdings, his wholly owned investment company and the de facto holding company of Kakao.

The Korea Fair Trade Commission is currently looking into Kakao for allegedly omitting or fabricating submitted documents on K Cube Holdings.

"So that K Cube Holdings no longer faces controversy, preparations are being made so that it is no longer a family-controlled company but a company that fulfills its social responsibility," Kim said, adding he will speed up the transition process.