Kakao Entertainment Revamps Townhall Meeting as 'Entalk'... Launches '1% TF'

Kakao Entertainment announced on the 3rd that it has revamped its company-wide town hall meetings into 'ENTalk' and is embarking on strengthening internal communication in earnest.

Kwon Ki-soo, CEO of Kakao Entertainment
Photo by Kakao Entertainment

Kakao Entertainment successfully held its first ENTalk on the 30th. ENTalk is part of the communication enhancement and regularization initiative announced by co-CEOs Kwon Ki-soo and Jang Yoon-joong at their first town hall meeting in April after their appointment. The plan is to hold monthly events to strengthen bonds among the crew and develop ENTalk into an internal communication event that reflects the unique character of an entertainment company.

The ENTalk program consists of a Leader Session, where leaders including the CEO share the company vision and business direction; a Crew Session, where crews from the Music, Story, and Media divisions introduce their work and issues; and a Partner Session, involving various subsidiaries, affiliates, partner artists, and creators of Kakao Entertainment. In particular, future ENTalk Partner Sessions will invite subsidiaries, affiliates, partner artists, and creators to enhance mutual understanding and improve business insight through these programs.

The first ENTalk featured co-CEOs Kwon Ki-soo and Jang Yoon-joong, CFO Choi Yong-seok, Jang Se-jung, head of the Video Company-In-Company (CIC), and the Global Illegal Distribution Response Team crew as presenters. In the Leader Session, CEO Jang Yoon-joong introduced Kakao Entertainment’s global strategic direction and various ongoing projects under the theme of ‘Global Music Business Direction,’ covering music intellectual property (IP) production, investment, and distribution.

Jang Yoon-jung, CEO of Kakao Entertainment
Photo by Kakao Entertainment

Another Leader Session featured Jang Se-jung, head of the Video CIC, who participated under the theme ‘The Future of Video CIC.’ The goal is to achieve greater synergy by focusing on the organic integration between story and music divisions, including original story IPs such as webtoons and web novels owned by Kakao Entertainment. CFO Choi Yong-seok shared Kakao Entertainment’s performance trends over the past four years based on major business momentum, as well as the results for the first quarter of this year.

During the ENTalk, the launch of the ‘1% Task Force (TF)’ was also announced. The 1% TF is a new permanent organization that continues the activities of Kakao Entertainment’s ‘Reform TF,’ led by co-CEOs Kwon Ki-soo and Jang Yoon-joong. It will oversee the monthly ENTalk events and solicit ideas from the crew representing 1% of the company to drive company development, while sequentially implementing the company’s mid- to long-term tasks.

CEO Kwon said, “I hope that the 1% TF and ENTalk will serve as opportunities for the crew to communicate with each other and expand their experiences and horizons as members of an entertainment company.”

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