Kakao has acquired Loen Entertainment!
Loen Entertainment is one of the biggest labels in Korea, with IU, HISTORY, Sunny Hill, Melody Day, FIESTAR, and more, and also manages MelOn. Loen Entertainment also has the biggest shares in A Cube Entertainment, Starship Entertainment, and King Kong Entertainment.
This is a giant हटाइए for Kakao, who wanted to extend their market beyond their current field. Do आप think this change will be a positive thing for the Korean संगीत industry?
Source: link
Loen Entertainment is one of the biggest labels in Korea, with IU, HISTORY, Sunny Hill, Melody Day, FIESTAR, and more, and also manages MelOn. Loen Entertainment also has the biggest shares in A Cube Entertainment, Starship Entertainment, and King Kong Entertainment.
This is a giant हटाइए for Kakao, who wanted to extend their market beyond their current field. Do आप think this change will be a positive thing for the Korean संगीत industry?
Source: link
The singer-songwriter was accused of using insider information from the government to profit from her purchase of buildings, and her label responded that was not the case. Kakao M has now stated आई यू will be taking legal action against the malicious rumors. The agency stated, "There are no plans to sell the building in question, and the rumors are false. We'd like to stress the rumored value is only speculated, and the information is not confirmed."
Kakao M continued, "We're collecting evidence with e-mails that प्रशंसकों sent us today about online rumors and malicious comments. In order to protect our artist from defamation of character and speculated rumors, we'll take strong action."
link
A representative from IU's side told OSEN, "First off, the goal is to finish the drama 'Producer' well. Specific plans for the album still haven't been made, but we're looking at a fall comeback. It depends on the pace of the preparations, so it could change."
Hopefully everything goes smoothly so आई यू can make her संगीत comeback soon!
source: link