Press release content from PR Newswire. The AP news staff was not involved in its creation.
Kakao Entertainment Acquires Tapas and Radish Media, Two Leading U.S.-based storytelling platforms
May 11, 2021 GMT
Kakao Entertainment Acquires Tapas and Radish Media
SEOUL, South Korea, May 11, 2021 /PRNewswire/ Kakao Entertainment signed definitive agreements on May 7 to acquire two storytelling platforms based in the U.S., Tapas Media, Inc. (hereafter Tapas) and Radish Media, Inc. (hereafter Radish). The acquisitions pave the way for Kakao Entertainment to expand its original content business in North America and other English-speaking regions. The company has already secured a dominant market share in Japan through its affiliate comic platform Piccoma.