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Home Category Entertainment

Entertainment

Spotify free for LG U+ customers for six months

August 11, 2021

Entertainment

LG Electronics to expand its streaming service – LG Channels on smart TVs

August 11, 2021

Netmarble acquires Hong Kong’s mobile casino games company SpinX Games

by KoreaTechToday Editor

August 9, 2021

Netmarble announced that it has decided to acquire SpinX, a Hong Kong-based game developer company specializing in developing mobile social...

Daum Webtoon rebrands as Kakao Webtoon, sharing its goal to offer the industry’s most innovative user interface and user experience. photo shows Kakao Webtoon's official model IU. / photo taken from Kakao Webtoon's official teaser video on YouTube.

Daum Rebrands As Kakao Webtoon Amid Soaring Competition

by Martin

July 28, 2021

Kakao Entertainment Corp., an industry-leading South Korean entertainment content provider, revealed that it would be rebranding Daum Webtoon as Kakao...

Samsung and CJ ENM take entertainment content creation to the next level, providing innovations for the fast-growing virtual production sector.

Samsung, CJ ENM to Lead Global Virtual Production Scene

by Minseo Park

July 27, 2021

CJ ENM, one of Asia’s leading entertainment and media companies, teamed up with Samsung Electronics Co. to establish a globally...

South Korea’s fast-growing, interactive metaverse market introduces more platforms, penetrating various sectors with its multifaceted offers and features. / photo of courtesy of Roblox

Korea’s Expanding Interactive Metaverse Scene Offers Diverse Options

by Siwoo Jung

July 26, 2021

South Korea’s vast and interactive metaverse scene continues to expand and offer users diverse options, including introducing new platform features,...

Naver Fortifies OTT Market Footing with CJ ENM’s TVing Partnership

by Siwoo Jung

July 2, 2021

Naver Corp. strategically invested 40 billion won ($35 million) worth of shares in the South Korean entertainment giant CJ ENM...

Netmarble Neo began its IPO process, aiming to go public within 2021’s second half and potentially catch up to industry leaders, including Krafton.

Netmarble’s Mobile Game Developer Unit Netmarble Neo Sets IPO

by Siwoo Jung

June 29, 2021

Netmarble Neo, a game developer spinoff of Netmarble Corp., South Korea’s largest mobile gaming company, announced that it had begun...

Krafton became the first-ever South Korean decacorn to trade its shares in KOSPI, aiming to generate a 5.6 trillion won valuation.

Video Game Decacorn Startup Krafton to Raise $5 Billion in IPO

by Martin

June 17, 2021

The South Korean mobile video game publisher Krafton Inc. applied for a preliminary initial public offering (IPO) approval to the...

SK Telecom joins ViveStudios, a virtual reality content production company, as part of its goal to lead the fast-growing domestic metaverse ecosystem.

SK Telecom Strengthens Its Metaverse Services with ViveStudios

by KoreaTechToday Editor

June 16, 2021

SK Telecom Co. announced that it had formed a strategic partnership with ViveStudios, a South Korean virtual reality (VR) content production company....

SK Telecom would launch new locally developed console games at E3 2021, promoting immersive South Korean gaming content to global audiences. / photo courtesy of SK Telecom

SK Telecom Exhibits Korean Games at E3 2021 Game Fair

by KoreaTechToday Editor

June 14, 2021

SK Telecom Co. announced that it would participate for the first time in E3 2021, the world’s largest game fair....

Naver Corp. started its venture into the domestic OTT market by becoming the third-largest shareholder in TVing, a CJ ENM affiliate.

Naver Joins OTT Media Sector Through CJ ENM Stake Purchase

by KoreaTechToday Editor

June 3, 2021

South Korea’s largest web browser operator, Naver Corp., announced that it would be strengthening its foothold in the fast-growing over-the-top (OTT)...

South Korean media company CJ ENM shared its global expansion plans involving increasing original content creation and boosting OTT services.

CJ ENM Allocates $4.4 Bln to Boost Content Creation for Global Expansion

by KoreaTechToday Editor

June 2, 2021

CJ ENM, a South Korean media company, announced that it plans to enhance original content production and substantially boost over-the-top...

Naver Corp. partners with CJ ENM to acquire Munpia Inc., South Korea’s third-largest webtoon platform, expanding its content portfolio.

Naver, CJ ENM Secures Korea’s Third-largest Web Novel Platform Munpia

by James Jung

May 31, 2021

Naver Corp., an industry-leading South Korean search engine operator, announced that it partnered with CJ Group’s CJ ENM to secure Munpia Inc. The...

Kakao Entertainment expands business portfolio into the OTT sector with 25 billion won acquisition of media streaming platform operator INISOFT.

Kakao Enters OTT Sector with 25 Bln Won Acquisition of Streaming Firm INISOFT

by KoreaTechToday Editor

May 31, 2021

Kakao Corp., South Korea’s largest messaging service operator, revealed that it would enter the over-the-top (OTT) streaming sector. Investment banking...

Kakao Japan acquired 600 billion won in preparation for its 2022 IPO, boosting its webtoon businesses amid heightened global competition.

Kakao Japan Secures 600 Bln Won, Boosts Webtoon Biz Ahead 2022 IPO

by KoreaTechToday Editor

May 21, 2021

Kakao Corp.’s Japanese affiliate, Kakao Japan, shared that it would secure 600 billion won ($532 million) in funding to boost its business...

Kakao Entertainment finalizes its acquisition of two US-based storytelling platforms, Radish Fiction and Tapas Media, significantly strengthening its N. American foothold.

Kakao Entertainment Finalizes Aquisition oF Radish Fiction, Tapas Media

by James Jung

May 12, 2021

Kakao Entertainment Corp., Kakao’s mass media and publishing unit, finalizes its acquisition of two US-based online comic and storytelling platforms....