There are more agencies joining hands, as Dream Tea Entertainment (also stylized as DreamT) has just acquired YMC Entertainment by taking over 41% of their stock.
Dream Tea Entertainment stated, "Girl's Day's agency Dream Tea Entertainment has acquired the management of Ailee, Wheesung, Shin Bora and Jessi, YMC Entertainment, by purchasing 41% of their stock. Dream Tea Entertainment's parent company Wellmade Yedang has also acquired 39% of their shares."
They also added, "We have come to join hands with YMC Entertainment in order for Dream Tea Entertainment to achieve its full potential in creating music. After this, the two companies will work together to create excellent music."
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It looks like Dream Tea Entertainment is growing bigger and bigger! What do you think of the new business move?
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