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Kakao Entertainment
Kakao Entertainment Corp. () is a South Korean entertainment, mass media, and publishing company founded in 2021. A subsidiary of the Internet company Kakao, it was established subsequent to the merger of the latter's two subsidiaries KakaoPage and Kakao M. History KakaoPage Corp. Podotree Co, Ltd. was founded on July 20, 2010, as a subsidiary of Kakao, and launched KakaoPage three years later. On August 1, 2018, the company changed its corporate name to KakaoPage Corp. Kakao M Seoul Records, Inc. was established in October 1978 by , the founder of South Korea's leading educational company (formerly Sisa English). In 2005, the company was acquired by SK Telecom and relaunched as LOEN Entertainment, Inc. three years later, before being sold to Star Invest Holdings (a subsidiary of Affinity Equity Partners). In January 2016, it was taken over by Kakao and renamed again as Kakao M Corp. in December 2017. In October 2020, the company expanded in Asia by launching a Thai ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Seongnam
Seongnam (; ) is the fourth largest city in South Korea's Gyeonggi Province after Suwon and the 10th largest city in the country. Its population is approximately one million. It consists of three administrative districts: Bundang District, Jungwon District, and Sujeong District. Seongnam, one of the foremost planned cities in South Korean history, was conceived during the era of President Park Chung Hee for the purpose of industrializing the nation by concentrating electronic, textile, and petrochemical facilities there during the 1970s and 1980s. The city featured a network of roads, to Seoul and other major cities like Gwangju, Gyeonggi, from the early 1970s on. Today, Seongnam has merged with the metropolitan network of Seoul. Seongnam has also served as a ′test bed′ of South Korea's urban planning history. Bundang, one of the successful new town projects in the country, has been settled in a southern half of Seongnam since 1991. The city is also home to K League ...
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Newsis
Newsis News Agency () or Newsis is a privately owned news agency in South Korea. Prior to the launch of Newsis, the Yonhap News Agency Yonhap News Agency (; ) is a major news agency in South Korea. It is based in Seoul, South Korea. Yonhap provides news articles, pictures, and other information to newspapers, TV networks and other media in South Korea. History Yonhap was esta ... was the only news agency in South Korea. It was launched in September 2001. Newsis' news is only available in Korean. The newspaper had a predecessor, News Syndicate Korea () that was founded in 1995. It took a legal battle that lasted several years to receive permission to register as a telecommunications company. Once permission was granted in June 2001, Newsis was founded. References External links * News agencies based in South Korea Mass media companies established in 2001 Mass media in Seoul South Korean companies established in 2001 {{Media-company-stub ...
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IST Entertainment
IST Entertainment () is a South Korean entertainment company under Beyond Music. History Plan A Entertainment In 2011, A Cube Entertainment was established as an independent label of Cube Entertainment. A Cube signed its first solo artist Huh Gak and launched girl group Apink, which was made up from former Cube Entertainment trainees. In November 2015, LOEN Entertainment (later Kakao M and then Kakao Entertainment) acquired 70% of the entire label and subsequently absorbed it as an independent subsidiary. The label announced in March 2016 that it has been renamed Plan A Entertainment since it was no longer affiliated with Cube Entertainment. It launched its first boy group Victon in November that year. In early 2018, Plan A Entertainment acquired Kakao M's actor agency E&T Story Entertainment, owning 60% of the agency's shares. In the following months, Choi Jin-ho (founder and co-CEO) resigned and 30% of the remaining shares were sold for 3.51 billion won. As a result, it bec ...
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Naver
Naver (; stylized as NAVER) is a South Korean online platform operated by the Naver Corporation. The company's products include a search engine, email hosting, blogs, maps, and mobile payment. History Naver was the first Korean web provider to develop its own search engine. The company was founded on June 2, 1999, and is headquartered in Seongnam, South Korea. Naver is a combination of 'navigate', which means to navigate the Internet, and the suffix '-er', which means person, which means a person who navigates the vast ocean of information on the Internet. The Naver provides community services including blogs and cafes, other convenient services such as knowledge, shopping, maps, books, e-mail and naver tool bar. In August 2000, Naver launched its 'comprehensive search' service, which allows users to get a variety of results from a single search query on one page, organized by type, including blogs, websites, images, and web communities. Naver became an early pioneer ...
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Sports Chosun
''The Chosun Ilbo'' (, ), also known as ''The Chosun Daily,'' is a Korean-language newspaper of record for South Korea and among the oldest active newspapers in the country. With a daily circulation of more than 1,800,000, ''The'' ''Chosun Ilbo'' has been audited annually since the Audit Bureau of Circulations was established in 1993. ''The'' ''Chosun Ilbo'' and its subsidiary company, Digital Chosun, operate the ''Chosun.com'' news website, which also publishes news in English, Chinese, and Japanese. History The Chosun Ilbo Establishment Union was created in September 1919. ''The'' ''Chosun Ilbo'' newspaper was founded on 5 March 1920 by Sin Sogu with the financial support of the Daejong Business Association. Cho Jin-Tae, the vice-chairman of the Daejong Business Association was appointed the first President of the newspaper in 1920. However, as the Business Association failed to pay promised finances, the relationship between the Association and ''The Chosun Ilbo'' broke down ...
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KakaoTV
KakaoTV is a South Korean OTT streaming television, personal internet broadcasting and video player service owned by Kakao Entertainment that launched on June 16, 2015. History On June 16, 2015, KakaoTV was officially released. Initially, it was a website similar to Naver TV in the way that it offered the streaming broadcasts from affiliated or contracted broadcasters. On November 6, 2015, Kakao launched the "KakaoTV Live Open Chat" function which links KakaoTV's live broadcasts and Kakao Talk's open chat, allowing viewers to chat while streaming a program. On February 18, 2017, Daum tvPot was integrated with KakaoTV. In 2017, KakaoTV attracted only 1.8% of streaming video viewers according to a survey of 7,426 online video streaming users. On September 1, 2020, Kakao M (now Kakao Entertainment Kakao Entertainment Corp. () is a South Korean entertainment, mass media, and publishing company founded in 2021. A subsidiary of the Internet company Kakao, it was establishe ...
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Google
Google LLC (, ) is an American multinational corporation and technology company focusing on online advertising, search engine technology, cloud computing, computer software, quantum computing, e-commerce, consumer electronics, and artificial intelligence (AI). It has been referred to as "the most powerful company in the world" by the BBC and is one of the world's List of most valuable brands, most valuable brands. Google's parent company, Alphabet Inc., is one of the five Big Tech companies alongside Amazon (company), Amazon, Apple Inc., Apple, Meta Platforms, Meta, and Microsoft. Google was founded on September 4, 1998, by American computer scientists Larry Page and Sergey Brin. Together, they own about 14% of its publicly listed shares and control 56% of its stockholder voting power through super-voting stock. The company went public company, public via an initial public offering (IPO) in 2004. In 2015, Google was reorganized as a wholly owned subsidiary of Alphabet Inc. Go ...
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Asia
Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which has long been home to the majority of the human population, was the site of many of the first civilisations. Its 4.7 billion people constitute roughly 60% of the world's population. Asia shares the landmass of Eurasia with Europe, and of Afro-Eurasia with both Europe and Africa. In general terms, it is bounded on the east by the Pacific Ocean, on the south by the Indian Ocean, and on the north by the Arctic Ocean. The border of Asia with Europe is a social constructionism, historical and cultural construct, as there is no clear physical and geographical separation between them. A commonly accepted division places Asia to the east of the Suez Canal separating it from Africa; and to the east of the Turkish straits, the Ural Mountains an ...
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Affinity Equity Partners
Affinity Equity Partners is an Asian private equity firm that focuses on leveraged buyout and growth capital transactions. Affinity operates as a Pan-Asian firm focusing on investment opportunities in Korea, Southeast Asia, Greater China, Australia, and New Zealand. The firm is independently owned and operated, with founding partners who have worked together since 1998. It has over 80 employees with headquarters in Singapore and offices in Hong Kong, Singapore, Seoul, Beijing, and Sydney. History Affinity is one of the early pioneer in Asian buyouts, having started private equity investing in 1998. The team was originally known as UBS Capital Asia Pacific and served as the Asian private equity arm of UBS AG. UBS Capital Asia Pacific was spun out as an independent firm in 2004. By 2023, Affinity was one of the largest independent Private Equity firms in the Asia Pacific region and advised and manages approximately US$ 14 billion of funds and assets. Its Affinity Asia Pacific Fund ...
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SK Telecom
SK Telecom Co., Ltd., abbreviated as SKT ( or ) is a South Korean wireless telecommunications operator and former film distributor and is part of the SK Group, one of the country's largest chaebols. It leads the local market with 50.5 percent share as of 2008. SK Telecom is the largest wireless carrier in South Korea, with 23 million subscribers as of Q4 2023. Since its creation in 1984, the company has evolved from a first generation analog cellular system, to second generation CDMA, then to the world's first third-generation synchronized IMT-2000 cellular system. SK Telecom also became the world's first carrier to commercialize HSDPA in May 2006. SK expanded into the landline market by acquiring second-rated fixed-line operator Hanaro Telecom in February 2008. The company's online brands include Nate, a web portal, June, a mobile multimedia service, Moneta, an e-banking mobile app, Nate Drive, a telematics service, and Digital Home, an online interface to remote-c ...
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