New Kakao M CEO to challenge Netflix, CJ ENM in original content

by Baek Byung-yeul
Kakao M, entertainment subsidiary of internet firm Kakao, will produce its own video content to vie with Netflix and CJ ENM as the firm appointed former CJ ENM CEO as its new leader, the firm said Wednesday.

The firm announced Kim Sung-soo, former CEO of entertainment firm CJ ENM, as its new CEO. “We appointed Kim as new CEO during a board meeting. This is to beef up the content production business,” an official from Kakao M said…

Reblogged from The Korea Times

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