Kim Beom-Su, the billionaire behind Kakao, was taken into custody on Tuesday on allegations of stock manipulation during a bidding war over a major K-pop agency.
Category: Kakao Entertainment Corp
-
In K-Pop’s Quest for Global Growth, Korean Fans Feel Cast Aside
A bidding war for a K-pop label — a deal with global ramifications for the genre — has left listeners in its home market questioning their relevance.