SPOTIFY - KAKAO M’S LICENSE DEAL EXPIRES; MAJOR K-POP ARTISTS’ SONGS REMOVED

Highlights –

• Spotify – Kakao M’s license deal expires; major k-pop artists’ songs removed.
• Major South Korean artists’ including IU and Apink songs removed.
• Spotify is said to have faced heated competition agai...

S. KOREA’S MELON MUSIC EX-CEO SENTENCED TO 3 12 YEARS IN PRISON

Highlights –

• S. Korea’s Melon music ex-CEO sentenced to 3 1/2 years in prison.
• The ex-CEO is accused of cashing billions of royalties from musicians.
• The Seoul Eastern District Court also sentenced the company’s former vic...

KAKAO TO TAKE OVER VAN SERVICE BUSINESS, KAKAO MOBILITY

Highlights –

• Kakao Mobility service over rival Tada
• Tada acquitted on Wednesday
• Kakao did a beta test run of the service

One of South Korea’s IT giant and messenger operator Kakao is rapidly ascending its taxi...