Reading through some of the comments and quote tweets:
1) Kakao Ent has never been for sale before. Parts of Kakao Ent have been rumored for sale and parts have been sold
2) A letter to shareholders is a serious statement of intent
3) Dolphiners Group is too tiny of a subsidiary to have any impact on the valuation of Kakao Ent
4) Kakao Ent's sale price is likely somewhere below 11Tr
n.news.naver.com/article/009…
5) Kakao, the umbrella corp, has also been engaged in selling subsidiaries and has been exploring selling DAUM, it's internet portal
m.sedaily.com/NewsView/2GQ8A…
6) Kakao Group itself is the 5th largest conglomerate in Korea with a value of 100Tr kedglobal.com/management/new…
Kakao intends to sell Kakao Entertainment. This decision was made due to the stagnating IP conditions, making it difficult to receive proper corporate valuation to go public. Kakao Ent's current valuation is said to be around 11tr.
Bell Korea noted that Anchor has been looking to unload its shares for a while and that the key will be to find a structure that coordinates the sentiments of the investors who need an immediate exit and those who want to preserve their investment.
thebell.co.kr/free/content/A…
According to the Ministry of Culture, Sports, Tourism, legislative notice has been announced regarding a partial amendment to the Enforcement Decree of the Popular Culture and Arts Industry Development Act. (Legislative notice is where the ministry proposes new laws or
Until now there was no specific provision governing how accounting document should be provided to the artists and as a result some entertainment agencies only allow an artist to view them (at the company) and do not provide copies.
n.news.naver.com/mnews/artic…
Note: CBX took issue with this in regards to the settlement at a provided to them by SM
teapawt.net/tmikpop/status/1664400…
Replying to @tmikpop
As for the settlement, SM said that the artists can come to the company and view the settlement data whenever they wish and SM has provided separate information about expenses whenever the artist visited.

