Kakao Entertainment

Low-impact change.

Impact 35.9 · Hidden · Confidence 75

• Kakao Entertainment is restructuring by divesting several units and winding down key North American platforms, signaling a strategic pivot away from prior acquisition-led expansion.

Add: In April 2025 Kakao Entertainment began divesting several loss making subsidiaries and content platforms as part of efforts to improve its financial position In February it sold Next Level Studio a webtoon and web novel platform acquired in 2022 to an unidentified domestic content company and sold K pop agency IST Entertainment to Beyond Music for It also disposed of its 50 07 stake in 3Y Corporation the company behind the girl group QWER for The company was also winding down its North American digital content businesses including Tapas Media and Radish Fiction which it had acquired in 2021 The divestments formed part of a broader reversal of its acquisition led expansion strategy which had increased its subsidiar. Add: In February it sold Next Level Studio a webtoon and web novel platform acquired in 2022 to an unidentified domestic content company. Add: disposed of its 50 07 stake in 3Y Corporation the company behind the girl group QWER for The company Add: The company was also winding down its North American digital content businesses including Tapas Media and Radish Fiction which it had acquired in 2021.

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