![]() Kakao is also affiliated with six management companies, including BH Entertainment and Management SOOP, and four labels, including Starship Entertainment. Under Kakao Entertainment are six movie and drama production companies, including its own production studio, KakaoTV, as well as Logos Film and Baram Pictures. It owns over 8,500 IP such as “Itaewon Class,” “What’s Wrong With Secretary Kim,” “The Uncanny Counter,” and “Navillera,” all of which have been made into hit dramas. Kakao Entertainment is a global entertainment company that plans and produces content ranging from original story IP (intellectual property) such as webtoons and web novels to music, drama, movies, digital content, and live performances. Melon has also hosted the Melon Music Awards since 2009, a major element of the annual K-pop award show scene, and operates various artist-driven audio content like “Big Hit Music Record,” “SMing,” and more. Melon currently has over 33 million general members and over 5 million paid members. Kakao Entertainment is expected to see annual sales of 2 trillion won (about $1.75 billion) through its merger with Melon, which has been established as a top-tier domestic digital music platform since it began operations in 2004. ![]() This merger between Kakao Entertainment and Melon is intended to secure global competitiveness and leadership in the entertainment industry. Within a few months of its creation, Kakao Entertainment is shaking up the entertainment industry again by planning another large-scale merger with Melon just a few months after its own merger. Kakao Entertainment is itself the result of a merger between Kakao Page and Kakao M, the first large-scale merger between Kakao subsidiaries that happened back in March. The merger ratio between Kakao Entertainment and Melon is 1:7.8367918, meaning that for each common share of Melon, 7.836791 common shares of Kakao Entertainment will be allocated. ![]() Even after the merger, Kakao Entertainment will continue to be led by Kim Sung Soo and Lee Jin Soo as CEOs. ![]() Melon Company will also be led by a new CEO, Lee Jae Wook. Melon, which was spun off from Kakao on July 1, will join Kakao Entertainment in the form of a CIC (company-in-company) in September. The two companies plan to complete the merger by September 1 after receiving final approval at a general meeting of shareholders on July 30. On July 15, both companies decided on a merger at their respective board meetings. If you don’t have KakaoTalk account, follow me to create Kakao account with email address and registered it to Melon.Kakao Entertainment and Melon Company have announced a merger this fall. Just visit Sign in page with KakaoTalk account. If you have registered KakaoTalk with your Phone number. So we will show you how to register Melon account with KakaoTalk account. But we can register Melon with KakaoTalk account. But it is impossible for foreign players. You can only register Melon with Korean phone number. Melon doesn’t allow users to register with email now. But you are still able to buy Kakao account with Melon Pass to support your idols or renew Melon Pass here.Ģ017.8 update: Melon changed rules on 4th August. Users can’t create Melon account now for requiring verify korean phone number. I will show you create Melon account on PC.Ģ018.5 update: Melon changed rules to avoid foreign fans to vote. So I recommend you to create Melon account with email. But register with mobile phone is not valid for you if you don’t have Korean phone number. You can choose to create Melon account by mobile phone or email. But you have to get one Melon account if you want to enjoy its full service. Users can listen music check chart and top music on it. Melon is a South Korean online music store.
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