Trending: aespa   BTS   BlackPink   NCT   Stray Kids   ATEEZ   SEVENTEEN   TWICE   GOT7    ENHYPEN   TXT     PURPLE KISS   WayV    ITZY   SHINee

HOW Entertainment is acquired by NHN Bugs

Aug. 31, 2016. music portal service provider Bugs, a subsidiary of NHN Entertainment, announced that it would take over HOW Entertainment

Bugs will acquire a 70% stake in the entertainment company for 11 billion won (US $9.82 million), with 11,951 existing shares and 6,390 shares to be issued for a capital increase, to diversify its business to cover the production, distribution and consumption of K-Pop content