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Watch: SM Leisure Explains The That means Behind Their Strategic Partnership With Kakao Leisure - K-pop News
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Watch: SM Leisure Explains The That means Behind Their Strategic Partnership With Kakao Leisure

SM Leisure (hereafter SM) has launched a brand new YouTube video detailing the which means behind their strategic partnership with Kakao Leisure (hereafter Kakao) from the angle of shareholders and followers.

Earlier on February 22, HYBE launched an open letter to followers, artists, workers, and shareholders of SM Leisure relating to their latest acquisition of Lee Soo Man’s SM Leisure shares.

Later the identical day, SM launched a follow-up YouTube video titled “Strategic partnership with Kakao from the angle of shareholders/followers.” In line with the video, SM’s cooperation with Kakao signifies the assembly between the very best world contents and the very best world platform, and this relationship is an equal and mutual strategic partnership that may generate synergy and create a virtuous cycle. SM additionally explains, “This isn’t a gathering between contents and contents, slightly it’s a assembly between contents and platform. It can preserve the range of the leisure business whereas strengthening the enterprise efficiency of SM and Kakao.”

Beneath are the 5 details of the video:

1. SM and Kakao partnership is intently in keeping with implementation of SM 3.0.
2. Kakao is the very best companion to perform the SM 3.0 Multi-Manufacturing technique.
3. Profitability of SM’s IP (mental property) will improve leveraging the Kakao platform.
4. SM will successsfully set up a virtuous cycle between IP and platforms with Kakao to realize profitable world enlargement.
5. New SM Tradition Universe (SMCU) will likely be constructed based mostly on Kakao’s expertise similar to Connectivity Tech, AI (synthetic intelligence), and Metaverse.

Watch the complete video under:

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