Search results for SM Entertainment
Games & Commerce
Prosecutors seek 15 years for Kim Bum-soo in appeal over SM stock manipulation
South Korean prosecutors asked an appeals court to sentence Kim Bum-soo (김범수), head of Kakao\'s Future Initiative Center, to 15 years in prison and a 510 million won fine over alleged stock-price manipulation during Kakao\'s bid for control of SM Entertainment. They also sought 12 years for Bae Jae-hyun and fines for Kakao and Kakao Entertainment. Kim was acquitted at trial, and prosecutors appealed.
Finance
Kakao woos shareholders on spinoff, targets 1 trillion won AI revenue and 300 billion won buyback cancellation
Kakao is seeking to win over retail shareholders ahead of a planned corporate spinoff into continuing company KakaoX and new unit KakaoAI. KakaoAI aims to begin monetising AI services in 2027 and targets more than 1 trillion won in AI revenue by 2030. KakaoX plans to use gains from selling its stake in Dunamu to buy back and cancel 300 billion won of treasury shares over three years after the split.
Games & Commerce
KakaoX role shifts after spin-off as it seeks new growth engines
Kakao’s planned spin-off will separate KakaoTalk and AI operations from the remaining company, KakaoX, reshaping KakaoX into a future-value investment company. KakaoX will manage stakes in key affiliates and deploy about 6.4 trillion won in investment capacity to support existing units and invest in new businesses and innovative firms. It will focus on areas such as virtual assets, physical AI and global fandom, while returning part of investment gains to shareholders.
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Games & Commerce
Kakao to split Kakaotalk and AI unit in bid to redesign growth structure
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Games & Commerce
Kakao Entertainment\'s Berris expands into drama fandom communities
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Games & Commerce
Kakao bonus dispute turns into trust and organisation issue as first strike looms
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Telecommunications & Media
BTS Gwanghwamun comeback nears as Ju Ji-hoon draws buzz
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Games & Commerce
Kakao Entertainment co-CEO Jang Yoon-jung named to Billboard Global Power Players list
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Games & Commerce
KakaoGames launches SM Entertainment IP-based \'SMiniz\' globally
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Games & Commerce
KakaoGames to launch SM Entertainment IP-based \'SMiniz\' game on Feb. 25
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Games & Commerce
Kakao Games steps up big game launches from third quarter to spur second-half rebound
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Games & Commerce
KakaoGames posts 39.6 billion won operating loss in 2025, swings to deficit
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Telecommunications & Media
BTS to stage comeback show at Gwanghwamun on March 21; \'Golden\' wins Grammy
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Games & Commerce
Kakao Games targets SM fans with detailed recreation in SMiniz
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Games & Commerce
KakaoGames starts pre-registration for SM Entertainment IP-based \'SMiniz\'
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Games & Commerce
Korean game industry to diversify genres in first-quarter releases
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Entertainment
Interest surges in Netflix culinary survival show season 2 as EXO, BTS, Wanna One comebacks loom