5

0

General

Cube Entertainment to possibly obtain Chinese investment worth $80 million

AKP STAFF
Posted by Susan-Han Monday, February 29, 2016
misc.
A Chinese investor may be investing generously in a possible partnership with Cube Entertainment

It was reported recently that Cube Entertainment's parent company, C&M, had held several meetings with a Chinese investor. The company provided little additional details on the matter. 

According to online media firm Money Today, the investment could be worth up to 100 billion KRW (approximately $80.7 million). After stepping up music copyright protections in July of 2015, China's music industry is expected to witness sizable changes.

Agencies such as SM Entertainment and FNC Entertainment have already partnered with Chinese investments, with many more agencies to follow. 

What are your thoughts on the rising partnerships between K-pop and the Chinese music industry?
  1. misc.
  2. CUBE ENTERTAINMENT
  3. SM ENTERTAINMENT
  4. FNC ENTERTAINMENT
0 17,742 Share 100% Upvoted

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
EVERGLOW
Shinhwa, Eric, Junjin, Minwoo (M), Dongwan, Andy
Shinhwa, Minwoo (M)
12 hours ago      7,367
BABYMONSTER
Nana
EVERGLOW
TWS
BTS, V
Jeon So Mi
Shinhwa, Eric, Junjin, Minwoo (M), Dongwan, Andy
EVERGLOW
Shinhwa, Eric, Junjin, Minwoo (M), Dongwan, Andy
BABYMONSTER
BTS, V
Shinhwa, Minwoo (M)
12 hours ago      7,367
New Message

SEND