Kakao Entertainment
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Kakao Entertainment
Kakao Entertainment Corp. (), stylized as kakao ENTERTAINMENT, 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 founded in October 1978 by , the owner of local 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 ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Subsidiaries
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities for ...
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Teheran-ro
Teheran-ro (translation "Tehran Boulevard") is a street in the Gangnam district of Seoul, South Korea. It runs from Gangnam Station through Yeoksam-dong and into Samseong-dong. It is colloquially known as "Teheran Valley" (after Silicon Valley) due to the number of internet-related companies operating there. The district of Gangnam-gu experienced phenomenal growth and waves of construction, with Teheran-ro becoming one of the busiest streets in South Korea. Its counterpart, Seoul St. in Tehran, Iran, runs in the north of that city, close to the Evin district. Teheran-ro is a 3.5 km section of Seoul City Route 90, and runs eastwards from Gangnam Station to Samseong Station and the COEX/ KWTC complex. Yeoksam and Seolleung stations are also on Teheran-ro. All stations are on Seoul Subway Line 2. Some of South Korea's tallest skyscrapers and most expensive real estate are in Teheran-ro, while Seoul Metropolitan Government estimates that more than half of South Korea's ven ...
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Gyeonggi Province
Gyeonggi-do (, ) is the most populous province in South Korea. Its name, ''Gyeonggi'', means "京 (the capital) and 畿 (the surrounding area)". Thus, ''Gyeonggi-do'' can be translated as "Seoul and the surrounding areas of Seoul". Seoul, the nation's largest city and capital, is in the heart of the area but has been separately administered as a provincial-level ''special city'' since 1946. Incheon, the nation's third-largest city, is on the coast of the province and has been similarly administered as a provincial-level ''metropolitan city'' since 1981. The three jurisdictions are collectively referred to as '' Sudogwon'' and cover , with a combined population of 25.5 million—amounting to over half of the entire population of South Korea. History Gyeonggi-do has been a politically important area since 18 BCE, when Korea was divided into three nations during the Three Kingdoms period. Ever since King Onjo, the founder of Baekje (one of the three kingdoms), founded the govern ...
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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. Seongnam is a satellite city of Seoul. It is largely a residential city located immediately southeast of Seoul and belongs to the Seoul Capital Area. Seongnam, the first planned city in Korea's 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, from the early 1970s on. Today, Seongnam has merged with the metropolitan network of Seoul. Bundang, one of the districts in Seongnam, was developed in the 1990s. To accelerate the dispersion of Seoul's population to its suburbs and relieve the congested Seoul metropolitan area, the Korean government has provided stimulus packages to lar ...
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Pangyo, Seongnam
Pangyo (판교, 板橋) refers to a planned city surrounding Pangyo-dong, Baekhyeon-dong, Unjung-dong, and Sampyeong-dong of Bundang-gu and Siheung-dong and Sasong-dong of Sujeong-gu (Seongnam city). The area is surrounded by the mountains Cheonggyesan and Geumtosan to the North and Barasan to the south, with ''Unjungcheon'' and Geumtocheon, tributaries of Tancheon, flowing through the center of the city. This area is 9,307,000 m2 (2,815,000 pyeong) and can hold up to 80,412 people with 29,350 families. Gyeongbu Expressway separates the town into two unofficial regions: Seopangyo (literally, ''West Pangyo'') and Dongpangyo (literally, ''East Pangyo''). Origin The origin of the name of Pangyo (Board Footbridge) was 'Neodeori' or 'Neoldari', meaning a footbridge made of planks of wood over the ''Unjungcheon'' (Cloud Staying Brook) originating from the west and running toward the east in the front of Pangyo, written in Chinese characters. According to Sinjeung Dongguk Yeoji S ...
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IST Entertainment
IST Entertainment (Hangul: 아이에스티엔터테인먼트) is a South Korean entertainment company under Kakao Entertainment. 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 s ...
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Play M Entertainment
IST Entertainment (Hangul: 아이에스티엔터테인먼트) is a South Korean entertainment company under Kakao Entertainment. 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 s ...
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Google
Google LLC () is an American multinational technology company focusing on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics. It has been referred to as "the most powerful company in the world" and one of the world's most valuable brands due to its market dominance, data collection, and technological advantages in the area of artificial intelligence. Its parent company Alphabet is considered one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft. Google was founded on September 4, 1998, by Larry Page and Sergey Brin while they were PhD students at Stanford University in California. 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 via an initial public offering (IPO) in 2004. In 2015, Google was reor ...
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Asia
Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area of , about 30% of Earth's total land area and 8.7% 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 civilizations. Its 4.7 billion people constitute roughly 60% of the world's population. In general terms, Asia 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 historical and cultural construct, as there is no clear physical and geographical separation between them. It is somewhat arbitrary and has moved since its first conception in classical antiquity. The division of Eurasia into two continents reflects East–West cultural, linguistic, ...
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Affinity Equity Partners
Affinity Equity Partners is one of the largest dedicated Asian private equity firms and 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 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 since 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. Affinity is one of the largest independent Private Equity firms in the Asia Pacific region, and currently advises and manages approximately US$ 14 billion of funds and assets. Its latest fund, Affinity Asi ...
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