Tag: Kakao Corp

Full Stack Or Media-Tech Conglomerate? Just What Kind Of Empire Is Access Industries Building?

Posted on 21st January, 2016 by Mark Mulligan in Access Industries, AOL Time Warner, Bertelsmann, Crowdsurge, Deezer, Ian Hogarth, Kakao Corp, Len Blavatnik, Major Labels, Media Companies, MelOn, Orange, Pandora, Rdio, Record Labels, Songkick, Vivendi Universal and Warner Music

Deezer announced yesterday that it had closed a further €100 million investment round led by existing investors Access Industries and French telco Orange. There is no doubt Deezer needs the…

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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…

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