In addition to advancing to the global market, these two entertainment companies also plan to launch a new strategic business based on IP (Intellectual Property) to lead the Hallyu wave.
Concerning the merger, the CEO of RBW, Kim Jin Woo, said that WM Entertainment has grown swiftly both domestically and globally, owing to its excellence in discovering and fostering artists. We will create new synergies as each has different know-how, he added. What can you say about the merger of RBW and WM Entertainment?
About MAMAMOO s Agency, RBW, and OH MY GIRL s Label, WM Entertainment
Prior to acquiring OH MY GIRL s agency and making it its subsidiary, RBW has already established sub-labels, including Cloud R, All Right Music, RBW Vietnam, RBW Japan, and Modern RBW.