Entertainment agencies to mergeGirl group Apink’s agency Plan A Entertainment will be merging with FAVE Entertainment, home to singer IU and boy band History. Both agencies are subsidiaries of entertainment company Kakao M.
According to Kakao M Wednesday, the two agencies decided to merge after four months of discussions and are currently undergoing the necessary processes for a merger. The two are planning to combine their strengths and to increase their competitiveness in the music industry.
Plan A Entertainment, which started off as A Cube Entertainment in 2011, is also home to singer Huh Gak and boy band Victon. FAVE Entertainment, meanwhile, is currently preparing to launch a new girl group, tentatively named FAVE Girls.
By Yeo Ye-rim