CT Investment Becomes Biggest Shareholder of Kim Ho-joong's Agency
Feb 20, 2025
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According to the industry on the 20th, CT Investment under Content Technologies will acquire a majority stake in Art M&C.
The purpose of this acquisition is to secure a number of superior senior content IPs, advance and expand IP based on the parent company's content technology infrastructure, and promote collaboration related to active senior content. Aggressive investments are expected for the global expansion of trot and pop songs.
At the same time, CT Investment will become the largest shareholder of Studio M&C, which operates Star Planet, the country's largest active senior content platform with 7.2 million members through Art M&C. It is expected to enter the active senior content market in earnest, focusing on the alliance from SBS MediaNet to Art M&C and Content Technologies.
As Star Planet's main members are active seniors who value their lives and happiness as much as their families based on their economic leeway, synergy with Art M&C's excellent IP and content technologies' global infrastructure is expected.
Content Technologies is a global music technology company that has attracted accumulated investment of 68.7 billion won from leading domestic and foreign venture investment companies (VC) and Growth Equity investment companies. Through the 'buy-and-build' strategy based on investment and acquisition, it operates the largest global music distribution infrastructure and technology-based artist & label solution business in Korea, IP production, and investment business. It was selected as the World Economic Forum (Davos Forum) 'Global Innovator' in December 2022.
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