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 a Thailand-based subsidiary called Kakao M Asia (Private) Co., Ltd. (currently Kakao Entertainment Asia Co., Ltd.).Merger as Kakao Entertainment (2021–present)
In December 2020, KakaoPage Corp. proposed a merger with Kakao M Corp. as a unified company. It was seen as an action by their parent company against US-based Google’s new policy for its app market place users, which would've affected Kakao M, which KakaoTV platform was starting to become popular in South Korea. Both companies announced the plans and timeline for their merger, as well as the proposed name for the unified company Kakao Entertainment Corp on January 25, 2021. Under the plans, KakaoPage Corp. is the surviving entity. The merger was completed on March 1, 2021, and Kakao Entertainment was formally founded a day later. On July 15, it was announced that Kakao Entertainment and Melon Company would be merging, with the merger expected to be complete in September 2021. On September 17, Kakao Entertainment announced that Play M Entertainment and Cre.ker Entertainment would be merging in the future. On November 12, 2021, it was announced that the company's new corporate name would be IST Entertainment, which took effect on November 1.Divisions
Page Company
Headed by co-CEO Joy Lee, the Kakao Entertainment ''Page Company'' is in charge of the company's web fiction publishing and web development business. It is situated in Pangyo, Seongnam in Gyeonggi Province.M Company
Headed by co-CEO - one of South Korea's most renowned entertainment executives - the Kakao Entertainment ''M Company'' is in charge of the company's entertainment and mass media business. Its headquarters is in Teheran-ro, Gangnam-gu in Seoul.Subsidiaries
Under the Page Company
*AdPage *Daon Creative *KW Books *Kiwi Media Company * RS Media *Radish Media *Samyang C&C *Soundist Entertainment * Tapas Media *YeondamUnder the M Company
* Antenna Music *Awesome ENT *Baram Pictures *BH Entertainment *Bluedot Entertainment *Dolphiners Films (subject to Korean government approval) *EDAM Entertainment *Flex M *GRAYGO **Maison de Baja *High Up Entertainment * IST Entertainment *J.Wide Company *Kakao Entertainment Asia ** Path Mobile ( Indonesia) **Studio Orange ( Thailand) **Studio Phoenix (Thailand, unrelated to the JTBC Studios subsidiary) * Kross Pictures * Logos Film * Management SOOP *Assets
Buildings
* Jungsuck Building (Seoul) - headquarters of the Kakao Entertainment M Company * The Kakao Entertainment M Company also owns a building at Samseong-dong in Seoul, where the headquarters of IST Entertainment and Flex M are located.Internet properties
*Locations
* Kakao Entertainment Page Company: Twosun World Building 8/F, 221, Pangyoyeok-ro, Bundang-gu,See also
* KakaoNotes
References
External links
* * * * {{Authority control Mass media companies established in 2021 Entertainment companies of South Korea Mass media companies of South Korea Publishing companies of South Korea Entertainment South Korean companies established in 2021 Companies based in Gyeonggi Province Companies based in Seoul South Korean record labels Record label distributors