Introduction to Kakao M
Kakao M (카카오엠) is a South Korean entertainment company. It was founded in 1978 as Seoul Records (서울음반) by Min Yeong-bin. It was renamed to YBM Seoul Records in 2000, Seoul Records in 2005, and LOEN Entertainment (로엔엔터테인먼트) in 2008.
In 2016, the company was acquired by Kakao Corp. after buying 76.4% of the company's stocks for $1.9 trillion won ($1.6 billion USD).