Naver and Kakao Entertainment in fierce competition to obtain shares in SM Entertainment allkpop.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allkpop.com Daily Mail and Mail on Sunday newspapers.
Actor Lee Kwang-soo (center) and the billboard ad by Pinoy fans (Photos: Screenshot from Running Man PH video and Running Man on Instagram)
Filipino fans of the popular Korean TV variety show “Running Man” honored actor and “Prince of Asia” Lee Kwang-soo, one of the mainstays who has left the sh
By
May 27, 2021
Kakao Entertainment and Naver are competing against each other to get one of the Big 4 company s shares.
Keep on reading to know more.
Kakao Entertainment and Naver Compete to Take Over SM Entertainment s Shares
Kakao Entertainment and Naver are competing to acquire K-content, such as webtoons, web novels, and music. Above all, there is fierce competition in the mergers and acquisitions market. For example, when Naver bought the Canadian reading app Wattpad, Kakao Entertainment will preoccupy the global territory by acquiring the North American app Radish.
It is expected that whoever wins the acquisition for SM Entertainment s shares will be able to gain an advantage within the K-Pop market, as they will be able to collaborate with various popular artists such as EXO, NCT, Red Velvet, aespa, and more. Recently, NCT DREAM s Hot Sauce album has been topping music charts, including Japan s Oricon weekly chart.
(Photo : Starship Entertainment)
Hyungwon looks calm and collected, wearing a simple black turtle neck with his soft white skin and his silver accessories providing a perfect contrast.
(Photo : Starship Entertainment)
I.M flaunts his small wrist tattoo in one shot, paired with a long dangling earring on one side - a welcome throwback to his successful solo release Duality. Further showing his growth and maturity as an artist, the rapper returns in an all-black leather get-up with an irresistible charm, biting his finger and staring coldly at the camera with his sharp eyes and slicked-back hair.
(Photo : Starship Entertainment)
On the other hand, Jooheon s closeup shot features a mysterious air around him as his right hand, covered in a leather glove, covers half of his face - with a golden mesh covering the lower half of it. Another shot at the MONSTA X rapper shows his unique casual charm in a relaxed position with his black shirt, leather gloves, and black leather pants.