Kakao M (카카오엠) was a South Korean entertainment company. It was originally founded in 1978 as Seoul Records (서울음반) by Min Yeong-bin. It was renamed to YBM Seoul Records in 2000, Seoul Records in 2005, and LOEN Entertainment (로엔엔터테인먼트) in 2008.
In 2016, the company was acquired by Kakao Corp. after buying 76.4% of the company's stocks for $1.9 trillion won ($1.6 billion USD).[2]
On January 25, 2021, it was announced that the company would be merging into Kakao Page to form Kakao Entertainment.[3] The merger was finalized on March 2, 2021 with Kakao Page as the surviving company and Kakao M as the defunct company.[1]
Divisions & subsidiaries[]
- Melon
- Music Contents
- 1theK
- Multi-Label
- Cre.ker Entertainment
- Play M Entertainment (formerly Plan A)
- E&T Story Entertainment
- Starship Entertainment
- King Kong by Starship Entertainment
- EDAM Entertainment
- FLEX M
- Video Contents
- Krispy Studio
- Mega Monster
Former[]
- Starkim Entertainment (2007–2016)
- FAVE Entertainment (formerly LOEN Tree) (2012–2019)
- Collabodadi (2013–2015)
- Mun Hwa In (2016–2020)
Former artists[]
References[]
- ↑ 1.0 1.1 Kakao Entertainment: 합병 보고의 공고
- ↑ Kakao to buy South Korea's top music streaming operator for $1.6 billion
- ↑ Kakao’s two content arms to merge into Kakao Entertainment
- ↑ SBS: JBJ Confirm Disbandment With no Contract Extension
- ↑ Soompi: IU Signs With New Agency Established By Long-Time Manager