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| native_name_lang = ko
| native_name_lang = ko
| logo = kakaoentlogo.svg
| logo = kakaoentlogo.svg
| type = [[private company|Private]] [[subsidiary]]
| type = [[Privately held company|Private]] [[subsidiary]]
| traded_as =
| traded_as =
| founder =
| founder =
| predecessor = {{ubl|[[KakaoPage|KakaoPage Corp.]]|[[Kakao M]]}} (as separate companies)
| predecessor = {{ubl|[[KakaoPage|KakaoPage Corp.]]|[[Kakao M]]}} (as separate companies)
| key_people = Joseph Chang(CEO) Gisu Kwon(CEO)
| key_people = Joy Lee (CEO)<br>{{illm|Stephan Kim|ko|김성수 (기업인)}} (CEO){{efn|Also concurrent chairman and head of Corporate Alignment Center of parent company, [[Kakao]].}}
| industry = {{unbulleted list|[[Entertainment]]|[[Mass Media]]|[[Publishing]]}}
| industry = {{unbulleted list|[[Entertainment]]|[[Mass Media]]|[[Publishing]]}}
| genre =
| genre =
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| caption =
| caption =
| foundation = {{Start date and age|2021|03|02}}<ref name="KakaoEnt">{{Cite web|url=https://kakaoent.com/|title=Kakao Entertainment|publisher=Kakao Entertainment Corp|access-date=May 1, 2021|archive-date=May 7, 2021|archive-url=https://web.archive.org/web/20210507023154/https://kakaoent.com/|url-status=live}}</ref>
| foundation = {{Start date and age|2021|03|02}}<ref name="KakaoEnt">{{Cite web|url=https://kakaoent.com/|title=Kakao Entertainment|publisher=Kakao Entertainment Corp|access-date=May 1, 2021|archive-date=May 7, 2021|archive-url=https://web.archive.org/web/20210507023154/https://kakaoent.com/|url-status=live}}</ref>
| location =
| location = [[Seongnam]], [[Gyeonggi Province|Gyeonggi-do]]
| location_country = South Korea
| location_country = South Korea
| area_served = Worldwide
}}
}}


'''Kakao Entertainment Corp.''' ({{Korean|주식회사 카카오엔터테인먼트}}; stylized as '''kakao ENTERTAINMENT''') , is a South Korean entertainment, mass media, and publishing company founded in 2021. A subsidiary of the Internet company [[Kakao]], it was established subsequent to the merger of the latter's two subsidiaries [[KakaoPage]] and [[Kakao M]].<ref>{{Cite web|url=https://koreajoongangdaily.joins.com/2021/03/04/business/industry/kakao/20210304191100343.html|title=Kakao M and Kakao Page merged into Kakao Entertainment|website=[[Korea JoongAng Daily]]|last=Song|first=Kyoung-son|date=March 4, 2021|access-date=May 1, 2021|archive-date=May 7, 2021|archive-url=https://web.archive.org/web/20210507083533/https://koreajoongangdaily.joins.com/2021/03/04/business/industry/kakao/20210304191100343.html|url-status=live}}</ref><ref>{{Cite web|url=http://www.ajudaily.com/view/20210125160643324|title=Kakao units merged into entertainment company targeting global market|last=Park|first=Sae-jin|date=January 25, 2021|website=Aju Business Daily|access-date=May 1, 2021|archive-date=April 26, 2021|archive-url=https://web.archive.org/web/20210426015942/http://www.ajudaily.com/view/20210125160643324|url-status=live}}</ref><ref>{{Cite news|url=https://www.bangkokpost.com/business/2057011/south-koreas-kakao-affiliates-to-merge|title=South Korea's Kakao affiliates to merge|website=Bangkok Post|last=Leesa-Nguansuk|first=Suchit|date=January 26, 2021|access-date=May 1, 2021|archive-date=August 5, 2023|archive-url=https://web.archive.org/web/20230805024345/https://www.bangkokpost.com/business/2057011/south-koreas-kakao-affiliates-to-merge|url-status=live}}</ref>
'''Kakao Entertainment Corp.''' ({{Korean|주식회사 카카오엔터테인먼트}}; stylized as '''kakao ENTERTAINMENT''') is a South Korean entertainment, mass media, and publishing company founded in 2021. A subsidiary of the Internet company [[Kakao]], it was established subsequent to the merger of the latter's two subsidiaries [[KakaoPage]] and [[Kakao M]].<ref>{{Cite web|url=https://koreajoongangdaily.joins.com/2021/03/04/business/industry/kakao/20210304191100343.html|title=Kakao M and Kakao Page merged into Kakao Entertainment|website=[[Korea JoongAng Daily]]|last=Song|first=Kyoung-son|date=March 4, 2021|access-date=May 1, 2021|archive-date=May 7, 2021|archive-url=https://web.archive.org/web/20210507083533/https://koreajoongangdaily.joins.com/2021/03/04/business/industry/kakao/20210304191100343.html|url-status=live}}</ref><ref>{{Cite web|url=http://www.ajudaily.com/view/20210125160643324|title=Kakao units merged into entertainment company targeting global market|last=Park|first=Sae-jin|date=January 25, 2021|website=[[Aju Business Daily]]|access-date=May 1, 2021|archive-date=April 26, 2021|archive-url=https://web.archive.org/web/20210426015942/http://www.ajudaily.com/view/20210125160643324|url-status=live}}</ref><ref>{{Cite news|url=https://www.bangkokpost.com/business/2057011/south-koreas-kakao-affiliates-to-merge|title=South Korea's Kakao affiliates to merge|website=Bangkok Post|last=Leesa-Nguansuk|first=Suchit|date=January 26, 2021|access-date=May 1, 2021|archive-date=August 5, 2023|archive-url=https://web.archive.org/web/20230805024345/https://www.bangkokpost.com/business/2057011/south-koreas-kakao-affiliates-to-merge|url-status=live}}</ref>


==History==
==History==
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{{Main|Kakao M}}
{{Main|Kakao M}}


'''Seoul Records, Inc.''' was founded in October 1978 by {{illm|Young Bin Min|ko|민영빈}}, the owner of local educational company {{illm|YBM Group|ko|YBM}} (formerly Sisa English). In 2005, the company was acquired by [[SK Telecom]] and relaunched as '''LOEN Entertainment, Inc.''' three years later, before being sold to Star Invest Holdings (a subsidiary of [[Affinity Equity Partners]]).
'''Seoul Records, Inc.''' was established in October 1978 by {{interlanguage link|Min Young-bin|ko|민영빈}}, the founder of South Korea's leading educational company {{interlanguage link|YBM Group|ko|YBM}} (formerly Sisa English). In 2005, the company was acquired by [[SK Telecom]] and relaunched as '''LOEN Entertainment, Inc.''' three years later, before being sold to Star Invest Holdings (a subsidiary of [[Affinity Equity Partners]]).


In January 2016, it was taken over by Kakao and renamed again as '''Kakao M Corp.''' in December 2017.
In January 2016, it was taken over by Kakao and renamed again as '''Kakao M Corp.''' in December 2017.
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In December 2020, KakaoPage Corp. proposed a merger with Kakao M Corp. as a unified company.<ref>{{Cite web|url=https://m.pulsenews.co.kr/view.php?year=2020&no=1244785|title=Kakao Page close to merging with Kakao M before IPO|website=Maeil Business News Korea|last1=Kang|first1=Doo-soon|last2=Oh|first2=Dae-seok|last3=Kang|first3=Woo-seok|last4=Kang|first4=Young-woon|last5=Cho|first5=Jeehyun|date=December 3, 2020|access-date=May 1, 2021|archive-date=April 28, 2021|archive-url=https://web.archive.org/web/20210428165331/https://m.pulsenews.co.kr/view.php?year=2020&no=1244785|url-status=live}}</ref> It was seen as an action by their parent company against US-based [[Google]]’s new policy for its app market place users, which would've affected Kakao M, which [[KakaoTV]] platform was starting to become popular in South Korea.
In December 2020, KakaoPage Corp. proposed a merger with Kakao M Corp. as a unified company.<ref>{{Cite web|url=https://m.pulsenews.co.kr/view.php?year=2020&no=1244785|title=Kakao Page close to merging with Kakao M before IPO|website=Maeil Business News Korea|last1=Kang|first1=Doo-soon|last2=Oh|first2=Dae-seok|last3=Kang|first3=Woo-seok|last4=Kang|first4=Young-woon|last5=Cho|first5=Jeehyun|date=December 3, 2020|access-date=May 1, 2021|archive-date=April 28, 2021|archive-url=https://web.archive.org/web/20210428165331/https://m.pulsenews.co.kr/view.php?year=2020&no=1244785|url-status=live}}</ref> It was seen as an action by their parent company against US-based [[Google]]’s new policy for its app market place users, which would've affected Kakao M, which [[KakaoTV]] platform was starting to become popular in South Korea.


Both companies announced the plans and timeline for their merger, as well as the proposed name for the unified company '''Kakao Entertainment Corp''' on January 25, 2021.<ref>{{Cite press release|url=https://www.prnewswire.com/news-releases/launch-of-kakao-entertainment-through-strategic-merger-of-kakao-page-and-kakao-m-301213691.html|title=Launch of KAKAO ENTERTAINMENT through strategic merger of Kakao Page and Kakao M|website=Kakao Page Corp.|via=PR Newswire|access-date=May 1, 2021|archive-date=April 28, 2021|archive-url=https://web.archive.org/web/20210428200842/https://www.prnewswire.com/news-releases/launch-of-kakao-entertainment-through-strategic-merger-of-kakao-page-and-kakao-m-301213691.html|url-status=live}}</ref> Under the plans, KakaoPage Corp. is the surviving entity.
Both companies announced the plans and timeline for their merger, as well as the proposed name for the unified company '''Kakao Entertainment Corp''' on January 25, 2021.<ref>{{Cite press release|url=https://www.prnewswire.com/news-releases/launch-of-kakao-entertainment-through-strategic-merger-of-kakao-page-and-kakao-m-301213691.html|title=Launch of KAKAO ENTERTAINMENT through strategic merger of Kakao Page and Kakao M|website=[[KakaoPage]] Corp.|via=PR Newswire|access-date=May 1, 2021|archive-date=April 28, 2021|archive-url=https://web.archive.org/web/20210428200842/https://www.prnewswire.com/news-releases/launch-of-kakao-entertainment-through-strategic-merger-of-kakao-page-and-kakao-m-301213691.html|url-status=live}}</ref> Under the plans, KakaoPage Corp. is the surviving entity.


The merger was completed on March 1, and Kakao Entertainment was formally founded a day later.
The merger was completed on March 1, and Kakao Entertainment was formally founded a day later.


On July 15, it was announced that Kakao Entertainment and [[Kakao M#Melon Company|Melon Company]] would be merging, with the merger expected to be complete in September 2021.<ref>{{cite web|title=[공식] 카카오엔터, 음악 플랫폼 멜론 품는다..9월 합병|trans-title=[Official] Kakao Entertainment embraces music platform Melon..September merger|url=https://entertain.naver.com/read?oid=076&aid=0003755008|website=Sports Chosun|via=Naver|language=ko|last=Jo|first=Ji-young|date=July 15, 2021|access-date=July 15, 2021|archive-date=July 15, 2021|archive-url=https://web.archive.org/web/20210715083832/https://entertain.naver.com/read?oid=076&aid=0003755008|url-status=live}}</ref>
On July 15, it was announced that Kakao Entertainment and [[Kakao M#Melon Company|Melon Company]] would be merging, with the merger expected to be complete in September 2021.<ref>{{cite web|title=[공식] 카카오엔터, 음악 플랫폼 멜론 품는다..9월 합병|trans-title=[Official] Kakao Entertainment embraces music platform Melon..September merger|url=https://entertain.naver.com/read?oid=076&aid=0003755008|website=[[Sports Chosun]]|via=[[Naver]]|language=ko|last=Jo|first=Ji-young|date=July 15, 2021|access-date=July 15, 2021|archive-date=July 15, 2021|archive-url=https://web.archive.org/web/20210715083832/https://entertain.naver.com/read?oid=076&aid=0003755008|url-status=live}}</ref>


On September 17, Kakao Entertainment announced that [[Play M Entertainment]] and Cre.ker Entertainment would be merging in the future.<ref>{{cite web|title=플레이엠·크래커 엔터 통합…에이핑크·더보이즈 한 식구 된다|trans-title=PlayM and Creker Enter integration… Apink and The Boyz become one family|url=https://entertain.naver.com/now/read?oid=052&aid=0001641655|website=YTN|via=Naver|language=ko|last=Kwak|first=Hyeon-su|date=September 17, 2021|access-date=September 17, 2021|archive-date=February 25, 2022|archive-url=https://web.archive.org/web/20220225152745/https://entertain.naver.com/now/read?oid=052&aid=0001641655|url-status=live}}</ref> On November 12, it was announced that the company's new corporate name would be [[IST Entertainment]], which took effect on November 1.<ref>{{cite web|script-title=ko:에이핑크 '플레이엠'·더보이즈 '크래커', IST로 통합|trans-title=Apink's 'PlayM' and The Boyz's 'Cracker' merged into IST|url=https://entertain.naver.com/read?oid=003&aid=0010829534|website=Newsis|via=Naver|last=Kim|first=Ye-ji|date=November 12, 2021|access-date=November 12, 2021|language=ko|archive-date=November 12, 2021|archive-url=https://web.archive.org/web/20211112074458/https://entertain.naver.com/read?oid=003&aid=0010829534|url-status=live}}</ref>
On September 17, Kakao Entertainment announced that [[Play M Entertainment]] and Cre.ker Entertainment would be merging in the future.<ref>{{cite web|title=플레이엠·크래커 엔터 통합…에이핑크·더보이즈 한 식구 된다|trans-title=PlayM and Creker Enter integration… Apink and The Boyz become one family|url=https://entertain.naver.com/now/read?oid=052&aid=0001641655|website=[[YTN]]|via=[[Naver]]|language=ko|last=Kwak|first=Hyeon-su|date=September 17, 2021|access-date=September 17, 2021|archive-date=February 25, 2022|archive-url=https://web.archive.org/web/20220225152745/https://entertain.naver.com/now/read?oid=052&aid=0001641655|url-status=live}}</ref> On November 12, it was announced that the company's new corporate name would be [[IST Entertainment]], which took effect on November 1.<ref>{{cite web|script-title=ko:에이핑크 '플레이엠'·더보이즈 '크래커', IST로 통합|trans-title=Apink's 'PlayM' and The Boyz's 'Cracker' merged into IST|url=https://entertain.naver.com/read?oid=003&aid=0010829534|website=[[Newsis]]|via=[[Naver]]|last=Kim|first=Ye-ji|date=November 12, 2021|access-date=November 12, 2021|language=ko|archive-date=November 12, 2021|archive-url=https://web.archive.org/web/20211112074458/https://entertain.naver.com/read?oid=003&aid=0010829534|url-status=live}}</ref>

Kakao Entertainment Corp issued a cease and desist letter to the developers of Tachiyomi, a popular manga and webtoon app, on January 13, 2024. The letter threatened legal action against the app operators for infringing on the intellectual property rights of Kakao and its subsidiaries. As a result, the Tachiyomi team announced that they would stop the active development of the app and take down their core GitHub repositories and official social media accounts.

It must be noted, however, that the app Tachiyomi did not and could not provide so-called pirated materials itself and was always provided by third parties. This achieved nothing. The pirate sites in question are still up and operational. What Kakao did was absolutely nothing except threatening a few people because they believed only in their own heads that Tachiyomi specifically was affecting their bottom line. Threatening them would have been no different than doing the same to Google because with their search engine and many others you can achieve the same result more or less. They do not host these so-called pirated files.


==Divisions==
==Divisions==
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===M Company===
===M Company===
Headed by co-CEO {{illm|Stephan Kim|ko|김성수 (기업인)}}, the Kakao Entertainment's M Company is in charge of the company's entertainment and mass media business. Its headquarters is in [[Teheran-ro]], [[Gangnam District|Gangnam-gu]] in [[Seoul]].
Headed by co-CEO {{interlanguage link|Stephan Kim|ko|김성수 (기업인)}}, the Kakao Entertainment's M Company is in charge of the company's entertainment and mass media business. Its headquarters is in [[Teheran-ro]], [[Gangnam District|Gangnam-gu]] in [[Seoul]].


==Subsidiaries==
==Subsidiaries==
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*KW Books
*KW Books
*Kiwi Vine
*Kiwi Vine
*[[RS Media]]
*RS Media
*Radish Media
*Radish Media
*Samyang C&C
*Samyang C&C
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===Under the M Company===
===Under the M Company===
⚫
====Entertainment companies====
*[[Antenna Music]]
*[[Antenna Music]]
⚫
*Awesome ENT
⚫
*Baram Pictures
⚫
*BH Entertainment
*Bluedot Entertainment
*Bluedot Entertainment
*Dolphiners Films (subject to Korean government approval)<ref name="aju">{{cite web|url=https://m.ajudaily.com/view/20211221144033084|title=Kakao Entertainment acquires film and advertising studios to beef up storytelling capability|author=Park, Sae-jin|website=[[Aju Business Daily]]|date=December 21, 2021|accessdate=January 10, 2022|archive-date=August 5, 2023|archive-url=https://web.archive.org/web/20230805024341/https://www.ajudaily.com/view/20211221144033084|url-status=live}}</ref>
*EDAM Entertainment
*EDAM Entertainment
⚫
*[[High Up Entertainment]]
*Flex M
⚫
*GRAYGO
⚫
**Maison de Baja
⚫
*High Up Entertainment
*[[IST Entertainment]]
*[[IST Entertainment]]
⚫
*[[Starship Entertainment]]
⚫
**Starship X
⚫
**[[Highline Entertainment]]

====Talent companies====
⚫
*Awesome ENT
⚫
*BH Entertainment
*J.Wide Company
*J.Wide Company
⚫
*[[King Kong by Starship]]
⚫
*Kakao Entertainment Asia
⚫
*[[Management SOOP]]
**[[Path (social network)|Path Mobile]] ([[Indonesia]])
⚫
*Ready Entertainment
**Studio Orange ([[Thailand]])
⚫
*VAST Entertainment & Media
**Studio Phoenix (Thailand, unrelated to the [[JTBC Studios]] subsidiary)

====Production companies====
*3Y Corporation
⚫
*Baram Pictures
*Dolphiners Films
⚫
*GRAYGO
⚫
**Maison de Baja
*[[Kross Pictures]]
*[[Kross Pictures]]
*[[Logos Film]]
*[[Logos Film]]
⚫
*[[Management SOOP]]
*[[Mega Monster]]
*[[Mega Monster]]
*Moonlight Film
*Moonlight Film
⚫
* Ready Entertainment
*Sanai Pictures
*Sanai Pictures
⚫
*Shownote
⚫
*[[Starship Entertainment]]
⚫
** Starship X
⚫
** [[Highline Entertainment]]
⚫
** [[King Kong by Starship]]
⚫
** Shownote
*[[Story & Pictures Media]]
*[[Story & Pictures Media]]
*Studio K11O
*Studio K11O (subject to Korean government approval)<ref name="aju" />
*Zip Cinema
⚫
* VAST Entertainment & Media
* Zip Cinema<ref>{{cite web|url=https://variety.com/2021/biz/asia/kakao-entertainment-korean-film-producer-zip-cinema-1235066156/|title=Korean Internet Giant Kakao to Buy Prestige Film Producer Zip Cinema|author=Frater, Patrick|website=[[Variety (magazine)|Variety]]|publisher=[[Penske Media Corporation|PMC]]|date=September 16, 2021|accessdate=January 10, 2022|archive-date=January 9, 2022|archive-url=https://web.archive.org/web/20220109235012/https://variety.com/2021/biz/asia/kakao-entertainment-korean-film-producer-zip-cinema-1235066156/|url-status=live}}</ref>


==Assets==
==Assets==
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===Internet properties===
===Internet properties===
*[[1theK]]<ref>{{cite web|url=https://www.1thek.com/english/#section1|title=''About Us''|website=[[1theK]]|publisher=Kakao Entertainment|accessdate=May 12, 2024}}</ref>
*[[1theK]]
** 1theK Live
** [[1theK Originals]]
** [[1theK Originals]]
** 1theK Style (coming soon)
** 1theK Style (coming soon)
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* [[Kakao Webtoon]]
* [[Kakao Webtoon]]
** Kakao Webtoon (South Korea) (formerly Daum Webtoon)<ref>{{cite web|url=https://finance.yahoo.com/news/kakao-entertainment-sets-global-standard-010000919.html|title=Kakao Entertainment sets a new global standard with the launch of 'KAKAO WEBTOON'|website=PR Newswire|via=[[Yahoo!|Yahoo! Finance]]|access-date=July 9, 2021|archive-date=June 2, 2021|archive-url=https://web.archive.org/web/20210602213626/https://finance.yahoo.com/news/kakao-entertainment-sets-global-standard-010000919.html|url-status=live}}</ref>
** Kakao Webtoon (South Korea) (formerly Daum Webtoon)<ref>{{cite web|url=https://finance.yahoo.com/news/kakao-entertainment-sets-global-standard-010000919.html|title=Kakao Entertainment sets a new global standard with the launch of 'KAKAO WEBTOON'|website=PR Newswire|via=[[Yahoo!|Yahoo! Finance]]|access-date=July 9, 2021|archive-date=June 2, 2021|archive-url=https://web.archive.org/web/20210602213626/https://finance.yahoo.com/news/kakao-entertainment-sets-global-standard-010000919.html|url-status=live}}</ref>
** Kakao Webtoon ([[Indonesia]], coming soon)
** Kakao Webtoon ([[Indonesia]])
** Kakao Webtoon ([[Taiwan]])
** Kakao Webtoon ([[Taiwan]])
** Kakao Webtoon ([[Thailand]])
** Kakao Webtoon ([[Thailand]])
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* Muse (mobile audition application)
* Muse (mobile audition application)
* Radish ([[United States|US]])
* Radish ([[United States|US]])
** Wuxiaworld ([[United States|US]], acquisition subject to government approval)<ref>{{cite web|url=https://variety.com/2021/biz/asia/kakao-entertainment-buys-wuxiaworld-1235134902/|title=Kakao Entertainment Buys Wuxiaworld Online Fiction Platform|author=Frater, Patrick|website=Variety|publisher=PMC|date=December 16, 2021|accessdate=January 10, 2022|archive-date=January 11, 2022|archive-url=https://web.archive.org/web/20220111091734/https://variety.com/2021/biz/asia/kakao-entertainment-buys-wuxiaworld-1235134902/|url-status=live}}</ref>
** Wuxiaworld ([[United States|US]])<ref>{{cite web|url=https://variety.com/2021/biz/asia/kakao-entertainment-buys-wuxiaworld-1235134902/|title=Kakao Entertainment Buys Wuxiaworld Online Fiction Platform|author=Frater, Patrick|website=Variety|publisher=PMC|date=December 16, 2021|accessdate=January 10, 2022|archive-date=January 11, 2022|archive-url=https://web.archive.org/web/20220111091734/https://variety.com/2021/biz/asia/kakao-entertainment-buys-wuxiaworld-1235134902/|url-status=live}}</ref>
* [[Tapas (website)|Tapas]] (US)
* [[Tapas (website)|Tapas]] (US)


Line 153: Line 152:
* Kakao Entertainment Page Company: Twosun World Building 8/F, 221, Pangyoyeok-ro, [[Bundang-gu]], [[Seongnam|Seongnam-si]], [[Gyeonggi Province|Gyeonggi-do]], South Korea<ref name="KakaoEnt" />
* Kakao Entertainment Page Company: Twosun World Building 8/F, 221, Pangyoyeok-ro, [[Bundang-gu]], [[Seongnam|Seongnam-si]], [[Gyeonggi Province|Gyeonggi-do]], South Korea<ref name="KakaoEnt" />
* Kakao Entertainment M Company: Jungsuck Building, 17, [[Teheran-ro]] 103-gil, [[Gangnam District|Gangnam-gu]], [[Seoul]], South Korea<ref name="KakaoEnt" />
* Kakao Entertainment M Company: Jungsuck Building, 17, [[Teheran-ro]] 103-gil, [[Gangnam District|Gangnam-gu]], [[Seoul]], South Korea<ref name="KakaoEnt" />

==Extra Info==
* [[Tachiyomi]], A free and open-source Manga, Manhwa etc. reader app, was forced to stop development after Kakao Entertainment issued a cease-and-desist letter to the developers.<ref>{{cite web | url=https://animecorner.me/tachiyomi-team-stops-app-development-after-cease-and-desist-by-kakao-entertainment/ | title=Tachiyomi Team Stops App Development After Cease and Desist by Kakao Entertainment | date=January 14, 2024 }}</ref>


==Notes==
==Notes==
Line 162: Line 164:
==External links==
==External links==
* {{Official website|https://kakaoent.com}} {{in lang|ko}}
* {{Official website|https://kakaoent.com}} {{in lang|ko}}
{{Portal|Companies|South Korea}}

{{Kakao}}
{{Kakao}}
{{K-pop}}
{{K-pop}}
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{{Authority control}}
{{Authority control}}


⚫
[[Category:Kakao Entertainment| ]]
[[Category:Mass media companies established in 2021]]
[[Category:Mass media companies established in 2021]]
[[Category:Entertainment companies of South Korea]]
[[Category:Entertainment companies of South Korea]]
[[Category:Mass media companies of South Korea]]
[[Category:Mass media companies of South Korea]]
[[Category:Publishing companies of South Korea]]
[[Category:Publishing companies of South Korea]]
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[[Category:Kakao subsidiaries|Entertainment]]
[[Category:South Korean companies established in 2021]]
[[Category:South Korean companies established in 2021]]
[[Category:Companies based in Gyeonggi Province]]
[[Category:Companies based in Gyeonggi Province]]

Latest revision as of 04:06, 20 December 2024

Kakao Entertainment Corp.
Native name
주식회사 카카오엔터테인먼트
Company typePrivate subsidiary
Industry
Predecessor
(as separate companies)
FoundedMarch 2, 2021; 3 years ago (2021-03-02)[1]
HeadquartersSeongnam, Gyeonggi-do,
South Korea
Area served
Worldwide
Key people
Joseph Chang(CEO) Gisu Kwon(CEO)
Products
Services
Owner
  • Kakao (63.50%)
  • Podo Asia B.V. (15.33%)
  • Joy Lee (0.96%)
  • Others (20.21%)
ParentKakao
Divisions
  • Page Company
  • M Company
Subsidiariessee list
WebsiteKakaoEnt.com

Kakao Entertainment Corp. (Korean: 주식회사 카카오엔터테인먼트; stylized as kakao ENTERTAINMENT) is a South Korean entertainment, mass media, and publishing company founded in 2021. A subsidiary of the Internet company Kakao, it was established subsequent to the merger of the latter's two subsidiaries KakaoPage and Kakao M.[2][3][4]

History

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KakaoPage Corp.

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Main article: KakaoPage

Podotree Co, Ltd. was founded on July 20, 2010, as a subsidiary of Kakao, and launched KakaoPage three years later. On August 1, 2018, the company changed its corporate name to KakaoPage Corp.

Kakao M

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Main article: Kakao M

Seoul Records, Inc. was established in October 1978 by Min Young-bin [ko], the founder of South Korea's leading educational company YBM Group [ko] (formerly Sisa English). In 2005, the company was acquired by SK Telecom and relaunched as LOEN Entertainment, Inc. three years later, before being sold to Star Invest Holdings (a subsidiary of Affinity Equity Partners).

In January 2016, it was taken over by Kakao and renamed again as Kakao M Corp. in December 2017.

In October 2020, the company expanded in Asia by launching a Thailand-based subsidiary called Kakao M Asia (Private) Co., Ltd. (currently Kakao Entertainment Asia Co., Ltd.).[5]

Merger as Kakao Entertainment (2021–present)

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In December 2020, KakaoPage Corp. proposed a merger with Kakao M Corp. as a unified company.[6] It was seen as an action by their parent company against US-based Google’s new policy for its app market place users, which would've affected Kakao M, which KakaoTV platform was starting to become popular in South Korea.

Both companies announced the plans and timeline for their merger, as well as the proposed name for the unified company Kakao Entertainment Corp on January 25, 2021.[7] Under the plans, KakaoPage Corp. is the surviving entity.

The merger was completed on March 1, and Kakao Entertainment was formally founded a day later.

On July 15, it was announced that Kakao Entertainment and Melon Company would be merging, with the merger expected to be complete in September 2021.[8]

On September 17, Kakao Entertainment announced that Play M Entertainment and Cre.ker Entertainment would be merging in the future.[9] On November 12, it was announced that the company's new corporate name would be IST Entertainment, which took effect on November 1.[10]

Divisions

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Page Company

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Headed by co-CEO Joy Lee, the Kakao Entertainment's Page Company is in charge of the company's web fiction publishing and web development business. It is situated in Pangyo, Seongnam in Gyeonggi Province.

M Company

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Headed by co-CEO Stephan Kim [ko], the Kakao Entertainment's M Company is in charge of the company's entertainment and mass media business. Its headquarters is in Teheran-ro, Gangnam-gu in Seoul.

Subsidiaries

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Under the Page Company

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  • AdPage[a]
  • Daon Creative
  • KW Books
  • Kiwi Vine
  • RS Media
  • Radish Media
  • Samyang C&C
  • Soundist Entertainment
  • Tapas Media
  • Yeondam

Under the M Company

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Entertainment companies

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Talent companies

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Production companies

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Assets

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Buildings

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  • Jungsuck Building (Seoul) - headquarters of the Kakao Entertainment M Company
  • The Kakao Entertainment M Company also owns a building at Samseong-dong in Seoul, where the headquarters of IST Entertainment and Flex M are located.

Internet properties

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Locations

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Extra Info

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  • Tachiyomi, A free and open-source Manga, Manhwa etc. reader app, was forced to stop development after Kakao Entertainment issued a cease-and-desist letter to the developers.[14]

Notes

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  1. ^ joint venture with Kakao Games

References

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  1. ^ a b c "Kakao Entertainment". Kakao Entertainment Corp. Archived from the original on May 7, 2021. Retrieved May 1, 2021.
  2. ^ Song, Kyoung-son (March 4, 2021). "Kakao M and Kakao Page merged into Kakao Entertainment". Korea JoongAng Daily. Archived from the original on May 7, 2021. Retrieved May 1, 2021.
  3. ^ Park, Sae-jin (January 25, 2021). "Kakao units merged into entertainment company targeting global market". Aju Business Daily. Archived from the original on April 26, 2021. Retrieved May 1, 2021.
  4. ^ Leesa-Nguansuk, Suchit (January 26, 2021). "South Korea's Kakao affiliates to merge". Bangkok Post. Archived from the original on August 5, 2023. Retrieved May 1, 2021.
  5. ^ "Kakao Entertainment Asia Co., Ltd". Match Link Asia. Archived from the original on August 18, 2021. Retrieved August 22, 2021.
  6. ^ Kang, Doo-soon; Oh, Dae-seok; Kang, Woo-seok; Kang, Young-woon; Cho, Jeehyun (December 3, 2020). "Kakao Page close to merging with Kakao M before IPO". Maeil Business News Korea. Archived from the original on April 28, 2021. Retrieved May 1, 2021.
  7. ^ "Launch of KAKAO ENTERTAINMENT through strategic merger of Kakao Page and Kakao M". KakaoPage Corp. (Press release). Archived from the original on April 28, 2021. Retrieved May 1, 2021 – via PR Newswire.
  8. ^ Jo, Ji-young (July 15, 2021). "[공식] 카카오엔터, 음악 플랫폼 멜론 품는다..9월 합병" [[Official] Kakao Entertainment embraces music platform Melon..September merger]. Sports Chosun (in Korean). Archived from the original on July 15, 2021. Retrieved July 15, 2021 – via Naver.
  9. ^ Kwak, Hyeon-su (September 17, 2021). "플레이엠·크래커 엔터 통합…에이핑크·더보이즈 한 식구 된다" [PlayM and Creker Enter integration… Apink and The Boyz become one family]. YTN (in Korean). Archived from the original on February 25, 2022. Retrieved September 17, 2021 – via Naver.
  10. ^ Kim, Ye-ji (November 12, 2021). 에이핑크 '플레이엠'·더보이즈 '크래커', IST로 통합 [Apink's 'PlayM' and The Boyz's 'Cracker' merged into IST]. Newsis (in Korean). Archived from the original on November 12, 2021. Retrieved November 12, 2021 – via Naver.
  11. ^ "About Us". 1theK. Kakao Entertainment. Retrieved May 12, 2024.
  12. ^ "Kakao Entertainment sets a new global standard with the launch of 'KAKAO WEBTOON'". PR Newswire. Archived from the original on June 2, 2021. Retrieved July 9, 2021 – via Yahoo! Finance.
  13. ^ Frater, Patrick (December 16, 2021). "Kakao Entertainment Buys Wuxiaworld Online Fiction Platform". Variety. PMC. Archived from the original on January 11, 2022. Retrieved January 10, 2022.
  14. ^ "Tachiyomi Team Stops App Development After Cease and Desist by Kakao Entertainment". January 14, 2024.
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