Kakao Entertainment, which has already become a 'content dinosaur' by incorporating many labels and production companies as subsidiaries, has been called bigger by acquiring additional Gline and film collections. At the same time, there is a growing concern about monopolism.
On the 28th, Kakao Entertainment recently announced that it acquired a stake in Gline and a movie company and incorporated it as a subsidiary.
Gline is a creator group with Kang Eun-kyung, who wrote 'Romantic Doctor Kim Sabu' and 'Baking King Kim Tong-gu', and is a director of 'Couple's World', 'Misty' Jane writer, 'Meteorological Agency people' Sunyoung writer, 'Extreme occupation' Huh Da-jung writer, '
Since its establishment in 2005, the film company has been introducing 'Gnome Voice', 'Jeon Woo Chi', 'All of My Wife', 'Watchers', 'Black Priests', 'Master', 'National Bankruptcy Day' and 'The Most Common Love'. Currently, Hirokazu Koreeda is preparing for "Broker (Gase)", directed by Song Kang-ho, Kang Dong-won, Bae Du-na and IU.
Kakao Entertainment also co-produced Megamonster of "I Am Really Contacted", Logos Film of "Vinsenzo", Writing and Picture Media of "Misty", Wind Pictures of "Kingdom: Ashinjeon" and "Jirisan", Films "Money" and "Manifestations", "Fake Man" and "Money Game" It has three and five operations as a subsidiary. It is a video content planning and production company that has competitive IP. Kakao Entertainment has become bigger by acquiring additional Gline and movie collections.
Of course, there is also a positive impact that Kakao Entertainment has caused by entering the content industry. With capital, producers have been able to create more quality challenging content, and they have competed with other producers to raise their eyes.
Shortform - Archer Daniels Midlandform content presented by Kakao Entertainment has become a new trend in the entertainment industry. A new form of formation aimed at Generation Z, who wants to accept a lot of information in a short time, resonated. In fact, Archer Daniels Midlandform dramas such as Kakao TV 'Driving' and Teabing 'Drunk City Women' were very popular last year.
But there is not only a positive aspect. Kakao Entertainment is growing up every day, and concerns about monopolization are growing. This year, Kakao Entertainment has already had a significant impact on the enter system, as it is about to be released on SBS 'Police next to the Fire Department', TVN Military Prosecutor Doberman, 'Youth Waltham', Netflix 'Surinam', 'Night', 'Hunt' and 'Winning'.
The problem with a company monopolizing the market is obvious: there will be a lot of power, and the quality of content will inevitably fall because there is no competitor. After all, it is the content consumer who suffers. Two years ago, Kim Sung-soo, CEO of KakaoM, explained that it is "development to raise the level rather than monopoly" and continues to show high-quality contents as if he is keeping his words. However, now that the 'bodied' movement has been going on for two years, it seems difficult to clear the concerns so far.