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As of September 3, 2018, Kakao M Corp. was acquired by Kakao Corp. Kakao M Corp., an entertainment company, produces and markets music services primarily in South Korea. The company operates Melon, a digital music platform that delivers music on demand to its subscribers. It also distributes approximately 300 music titles in various genres, including K-pop, Western pop, world music, Korean traditional music, etc. The company was founded in 1978 and is based in Seoul, South Korea.
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