Even Kakao knows the jig is up
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Cube Entertainment signs 80 billion won deal with Kakao Entertainment
Over the next five years, the Kakao subsidiary will get exclusive distribution rights for music from Cube Entertainment, which is home to girl group (G)I-DLE and boy band BTOB. Kakao Entertainment owns Melon, the largest domestic music service and second in terms of market share following YouTube music.
Cube Entertainment will use the proceeds from the deal for album production and related development. Kakao will pay 50 billion won at the outset and then the rest after Cube Entertainment…
Cube Entertainment will use the proceeds from the deal for album production and related development. Kakao will pay 50 billion won at the outset and then the rest after Cube Entertainment…