Play M Entertainment and Cre.Ker Entertainment shall be merging into one label!
Both companies are at present subsidiaries of Kakao Entertainment, and on September 17, Kakao Entertainment formally introduced a merger between the 2 labels.
According to Kakao, the boards of administrators of the 2 firms convened individually and agreed to the merger, which is scheduled to happen earlier than the tip of the 12 months. Play M Entertainment CEO Jang Hyun Jin and Cre.Ker Entertainment CEO Yoon Young Ro shall be heading the newly merged firm collectively. The identify of the brand new company and additional particulars concerning the merger shall be revealed at a later date.
Kakao Entertainment commented, “While independently reinforcing the core strengths of each label, we will also work closely with them to create a powerful integrated synergy and expand our influence across a wide variety of genres. We will continue to make these kinds of advancements in our multi-label system and bolster our competitiveness in the music industry.”
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