Kakao and its entertainment unit have increased their stake in SM to 39.9%, they said in a Tuesday regulatory filing. Previously, the firm had held 4.9% of SM.

Kakao and its entertainment unit have increased their stake in SM to 39.9%, they said in a Tuesday regulatory filing. Previously, the firm had held 4.9% of SM.

Kakao, one of South Korea’s top internet giants, has doubled down on its quest to take control of SM Entertainment, the iconic K-pop music agency.. The tech firm announced Tuesday that it would ...

SM Entertainment Cancels Share Issue To Kakao As K-Pop Corporate Battle Intensifies. By Liz Shackleton. Liz Shackleton. Contributing Editor, Asia. @lizshackleton1 More Stories By Liz ...

Kakao Entertainment announced today it has raised $966 million (1.2 trillion won) in financing from sovereign wealth funds, such as Saudi Arabia’s Public Investment Fund ...

Kakao Entertainment Hybe Corp ., the talent powerhouse behind K-pop sensation BTS, said on Friday that it will sell its share stake in agency rival SM Entertainment .

Kakao Entertainment shut down four illegal websites with its P.CoK piracy detection team this year, the web content company said Monday. P.CoK, an illegal content distribution detection team run ...

Kakao Entertainment is aiming to accelerate the global expansion of K-pop thanks to a new partnership with Billboard and Billboard Korea. The company announced that it has signed a partnership ...

Kakao Entertainment, part of Korean tech group Kakao, confirmed Monday that it is to produce a film version of “Solo Leveling,” a hit webtoon. The picture will be produced on its behalf by ...

Solo Leveling has officially become the most-viewed anime of all time on Crunchyroll, according to Sony’s Business Segment ...

South Korean internet company Kakao has become the largest shareholder of SM Entertainment, winning a battle for control of one of the country’s most iconic music agencies.