8

1

General

Kakao acquires Loen Entertainment

AKP STAFF
Posted by jennywill Sunday, January 10, 2016
IU
Kakao has acquired Loen Entertainment!


Loen Entertainment is one of the biggest labels in Korea, with IU, HISTORY, Sunny Hill, Melody Day, FIESTAR, and more, and also manages MelOn. Loen Entertainment also has the biggest shares in A Cube Entertainment, Starship Entertainment, and King Kong Entertainment.

 

SEE ALSO: Singer and actress IU dazzles in J.ESTINA's 'ALL MY LOVE' jewelry campaign


This is a giant move for Kakao, who wanted to extend their market beyond their current field. Do you think this change will be a positive thing for the Korean music industry?

  1. IU
  2. LOEN ENTERTAINMENT
0 27,824 Share 89% Upvoted

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
NewJeans, Minji
Speculation grows as Minji's Chanel Beauty photos disappear from website
2 hours ago      4,892
(G)I-DLE
(G)I-DLE rebrands all social media accounts to "i-dle" and returns to their original name
1 hour ago      4,980
Lee Sang Min
Lee Sang Min registered marriage without ceremony “We’re already a married couple”
5 hours ago      8,411
Kim Soo Hyun
Kim Soo Hyun ranks in the top 3 on a star power chart despite ongoing controversy
3 hours ago      4,942
misc.
KBS issues official statement following fake reservations made by impersonators of '2 Days & 1 Night' staff
24 hours ago      7,546
Kim Jong Kook
Kim Jong Kook becomes neighbors with Jang Geun Suk and Lee Yo Won, purchasing a 6.2 Billion KRW (4.32 Million USD) villa in cash
16 minutes ago      678
aespa, Taeyang, G-Dragon, Daesung, Jennie, Kai, IVE, LE SSERAFIM, Lim Young Woong, Lucy, Mark, NCT WISH, TWS, WOODZ, YOUNITE, ZEROBASEONE
Circle Chart releases chart rankings for April 20 to April 26
40 minutes ago      466
Lee Min Ho
"I am who I am because of Minoz," Lee Min Ho successfully holds his 'MINHOVERSE' fan meeting in Manila
1 hour ago      664
(G)I-DLE
(G)I-DLE rebrands all social media accounts to "i-dle" and returns to their original name
1 hour ago      4,980
NewJeans, Minji
Speculation grows as Minji's Chanel Beauty photos disappear from website
2 hours ago      4,892
Kim Soo Hyun
Kim Soo Hyun ranks in the top 3 on a star power chart despite ongoing controversy
3 hours ago      4,942
NewJeans, Minji
Speculation grows as Minji's Chanel Beauty photos disappear from website
2 hours ago      4,892
(G)I-DLE
(G)I-DLE become iconoclasts in new album teaser video 'For (G)'
3 hours ago      1,523
(G)I-DLE
(G)I-DLE rebrands all social media accounts to "i-dle" and returns to their original name
1 hour ago      4,980
Lee Sang Min
Lee Sang Min registered marriage without ceremony “We’re already a married couple”
5 hours ago      8,411
New Message

SEND