Kakao Entertainment
Native name | 주식회사 카카오엔터테인먼트 |
|---|---|
| Company type | private subsidiary |
| Industry | |
| Predecessor | (as separate companies) |
| Founded | March 2, 2021[1] |
| Headquarters | see list, |
Key people | Joy Lee (CEO) Stephan Kim (CEO) |
| Products |
|
| Services | |
| Owner |
|
| Parent | Kakao |
| Divisions |
|
| Subsidiaries | see list |
| Website | KakaoEnt.com |
Kakao Entertainment Corp. (Korean: 주식회사 카카오엔터테인먼트) is a South Korean entertainment, mass media and publishing company founded in 2021. A subsidiary of the internet company Kakao, it was established as a result of the merger of the latter's two subsidiaries, KakaoPage and Kakao M respectively.[2][3][4]Cite error: A <ref> tag is missing the closing </ref> (see the help page). 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 the latter, which KakaoTV platform was starting to become popular in South Korea.
In January 25, 2021, both companies announced the plans and timeline for their merger, as well as the proposed name for the unified company, Kakao Entertainment Corp..[5] Under the plans, KakaoPage Corp. is the surviving entity.
The merger was completed on March 1, 2021, and Kakao Entertainment was formally founded a day later.
Divisions
Page Company
Headed by co-CEO Joy Lee, the Kakao Entertainment 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
Headed by co-CEO Stephan Kim - one of South Korea's most renowned entertainment executives - the Kakao Entertainment M Company is in charge of the company's entertainment and mass media business. Its headquarters is in Teheran-ro, Gangnam-gu in Seoul.
Locations[1]
- Kakao Entertainment Page Company: Sun World Building 8/F, 221, Pangyoyeok-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, South Korea
- Kakao Entertainment M Company: Jungsuk Building, 17, Teheran-ro 103-gil, Gangnam-gu, Seoul, South Korea
See also
References
- ^ a b https://kakaoent.com/company.html
- ^ https://koreajoongangdaily.joins.com/2021/03/04/business/industry/kakao/20210304191100343.html
- ^ https://m.ajudaily.com/view/20210125160643324
- ^ https://www.bangkokpost.com/business/2057011/south-koreas-kakao-affiliates-to-merge
- ^ https://www.prnewswire.com/news-releases/launch-of-kakao-entertainment-through-strategic-merger-of-kakao-page-and-kakao-m-301213691.html
External links
| Web assets |  | |
|---|---|---|
| Subsidiaries | ||
| People | ||
| Other | ||