The MIDiA Blog: The Definitive Take On Digital Content

Kakao Corp Turns MelOn Into A Full Stack Music Company

Posted on 12th January, 2016 by Mark Mulligan in Full Stack, Full Stack Music Company, Kakao Corp, Kakao Talk, Korea, Loen, Loen Entertainment, MelOn, Mobile Messaging, Mobile Messaging Platforms, Mobile Messenger Apps, Music Streaming, Music Subscriptions, South Korea and Streaming

Korean messaging app company Kakao Corp has acquired a 76.4% stake in South Korean entertainment company Loen Entertainment for $1.6 billion, valuing the company at $2 billion. Kakao operates the…

Read more