Kakao Entertainment "D&C Media Acquisition Plans Are Groundless"

Kakao Entertainment has denied reports that it is pursuing the acquisition of D&C Media. On the 19th, a media outlet reported that Kakao Entertainment, the second largest shareholder of D&C Media, was entering the acquisition process. However, a Kakao Entertainment representative stated on the 20th, "The acquisition pursuit is not true." D&C Media is a company that publishes both webtoons and web novels. Kakao Entertainment distributes "Solo Leveling," for which the company holds the rights, through KakaoPage.

This content was produced with the assistance of AI translation services.