RBW Acquires WM Entertainment

1 week ago 67

WM Entertainment has go a statement of RBW Entertainment.

On April 7, RBW announced, “We are acquiring WM Entertainment, the bureau of groups Oh My Girl, B1A4, and ONF.”

RBW completed a SPA (sales and acquisition agreement) with WM Entertainment’s largest shareholder connected March 31, acquiring 70 percent of WM Entertainment’s shares and bringing successful the institution arsenic a subsidiary.

The 2 companies volition now work connected creating synergy done adjacent cooperation. .

RBW is location to artists including MAMAMOO, ONEUS, ONEWE, and PURPLE KISS, portion WM Entertainment houses artists specified arsenic Oh My Girl, B1A4, ONF, and IZ*ONE’s Lee Chae Yeon.

RBW’s CEO Kim Jin Woo commented, “WM Entertainment is simply a institution that has grown rapidly successful the amusement manufacture successful Korea and internationally done their capabilities successful observe and grooming artists. As each institution has accumulated antithetic know-hows, we volition show caller synergy portion moving together. Developing strategical concern based connected contented IP (intellectual property), we volition enactment to pb K-content civilization crossed the satellite beyond Korea.”

With this acquisition, WM Entertainment volition run arsenic an autarkic statement of RBW and support their existent management.

Source (1)

How does this nonfiction marque you feel?

Original Story