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Kakao’s two content arms to merge into Kakao Entertainment
Kakao’s two content arms to merge into Kakao Entertainment
TelevisionJan 25, 2021
Kakao Page and Kakao M announced Monday that they would merge into a new entity, Kakao Entertainment. The merger, which was agreed during the board of directors meetings of the two firms earlier that day, will be finalized through a general shareholders meeting on Tuesday. The biggest merger between the two subsidiaries of South Korea’s mobile tech conglomerate Kakao, the move aims to create synergy given the two companies’ respective capabilities in the content business and digita