SM allots right to distribute albums and tracks exclusively to Kakao Entertainment
K-popFeb 23, 2023
SM Entertainment is allotting the right to distribute its albums and music exclusively to Kakao Entertainment, the subsidiary of the IT giant Kakao, with whom it has recently formed a strategic partnership to foster its new business project SM 3.0. The K-pop powerhouse revealed the details of the business partnership formed early this month on Wednesday via its official YouTube channel. Under t...