United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
United Airlines Flight to Tokyo Returns to Dulles After Engine Failure During Takeoff 
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
Kakao Entertainment is getting bigger and bigger as it continues to acquire and merge with entertainment companies in S. Korea and overseas. Apparently, this is a strategic move to expand its business in the global arena.
Kakao Entertainment’s debut
The entertainment arm of Kakao came to be when Kakao Page Corp. and Kakao M Corp. announced in January that they have merged. The newly-formed entity was called Kakao Entertainment, and the merger was completed in March.
"The merger of Kakao Page and Kakao M is that of a strategic alliance to build a foundation to compete in the global entertainment industry,” Kakao Page said in a press release earlier this year. “By combining the two companies' business acumen, capabilities and value chain, we aim to disrupt the global entertainment industry."
Moreover, the companies said they are expecting to create a robust synergy effect given their respective capabilities in the content business and digital platforms. Their competence has set the ground for Kakao Entertainment’s growth through global expansion.
Local and international acquisitions
Not long after its debut, the company already acquired several labels. In fact, in March, Kakao purchased two firms in Thailand, and these are Studio Phoenix and Studio Orange. The acquisition was done for the Korean entertainment company to operate its content and commerce business ventures in Southeast Asia with a focus on Thailand.
"Kakao has acquired these two companies with the aim of starting music, video and commerce businesses in Southeast Asian countries," an official from Kakao Entertainment said.
As per The Korea Times, the firm did not reveal how much it invested in acquiring the two Thai firms or how many shares it had purchased. Kakao Entertainment’s investment in Thailand is said to be part of its plan to be an international content player in the market. Kakao also set up its own webtoon business to compete with Naver.
Finally, last month, Kakao also bought High Up Entertainment that manages the girl group called STAYC. Based on the report, it acquired 40% percent of the company and eventually became its largest shareholder. On top of this, it also merged with Yoo Hee Yeol’s Antenna Music in April.
