“Kakao Entertainment announced on the 3rd that it has revamped the town hall for all employees to ‘ENTalk’ and is embarking on enhancing internal communication in earnest. Kakao Entertainment successfully completed its first ENTalk on the 30th. ENTalk is a part of the communication enhancement and formalization that was mentioned in the first town hall held by CEOs Kwon Kisoo and Jang Yoonjoong since their inauguration in April. The plan is to hold monthly events to strengthen the cohesion among crew members and to make ENTalk a unique internal communication event reflecting the personality of an entertainment company.
The ENTalk program consists of leader sessions where executives, including the CEO, share the company’s vision and business direction, crew sessions where crew members from the music-story-media division introduce their respective work and issues, and partner sessions where various subsidiaries, affiliates, partner artists, and creators of Kakao Entertainment participate. In particular, future ENTalk partner sessions will invite subsidiaries, affiliates, partner artists, and creators to enhance communication and understanding of each other’s businesses.
The first ENTalk included presentations by CEOs Kwon Kisoo, Jang Yoonjoong, CFO Choi Yongseok, CIC (Content Independent Company) President Jang Sejeong, and members of the Global Anti-Illegal Distribution Team. In the leader session, CEO Jang Yoonjoong presented on the theme of ‘Global Music Business Direction’, introducing Kakao Entertainment’s global strategic direction that encompasses the production and investment of music intellectual property (IP) and ongoing various projects.
In another leader session, CIC President Jang Sejeong participated in a discussion on ‘The Future of CIC Video’ with a focus on enhancing synergy by paying attention to the organic combination between webtoon, web novels, original story IPs held by Kakao Entertainment, and the collaboration between the story and music sectors. CFO Choi Yongseok shared the performance trends of Kakao Entertainment over the past four years based on key business momentum and also disclosed the first quarter results of this year.
During the ENTalk, they also announced the launch of ‘1% Task Force (TF)’. 1% TF is a new standing organization that continues the activities of the Kakao Entertainment ‘Renewal TF’ led by CEOs Kwon Kisoo and Jang Yoonjoong. They will organize ENTalk every month, receive ideas from crew members to lead the company’s development by realizing various medium to long-term tasks sequentially.
CEO Kwon expressed, “I hope that 1% TF and ENTalk will be an opportunity for crew members to communicate with each other and expand their experiences and horizons as crew members of an entertainment company.”