Two Korean Leading Companies In The Field Of Entertainment Kakao Entertainment

After reaching the Kakao Entertainment and Melon agreements, Melon is officially consolidated in early September to November: 00/1: 01 Southern region according to the Korean media reported, two Kakao and Melon companies have reached an appropriate agreement Most on July 15 (local time), and the official merger is scheduled on September 1. Melon is known as one of the leading music distribution platforms, while Kakao Entertainment Branched to all aspects of the entertainment industry. The merger between Kakao and Melon was reported to be 1: 7.8, which means that each share of Melon will be allocated with 7.8 Shares of Kakao Entertainment

.Kakao Entertainment announced, "Continuing from the unity of Kakao Page and Kakao M, this unity with Melon is a innovation and it is just a starting step as a company Global entertainment. " Melon also shared, "Since the launch service, Melon has maintained the No. 1 position and it is expected to create a leap through a durable relationship with Kakao Entertainment
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