Broadcasting equipment maker Hanchang acquires talent agency Beat Interactive

Hanchang has acquired talent agency Beat Interactive, the broadcasting equipment manufacturer announced in a recent regulatory filing.

Logo for talent agency Beat Interactive [BEAT INTERACTIVE]

Hanchang has acquired talent agency Beat Interactive, the broadcasting equipment manufacturer announced in a recent regulatory filing.

Beat Interactive currently manages celebrities Son Ho-young, Forestella, Ko Woo-rim, Newbeat, Park In-hwan, Choi Jong-hyun and Song Dong-geon.

Hanchang said it is set to acquire 200,000 shares of the agency, which is a 100 percent stake, making Beat Interactive a subsidiary of Hanchang. The transaction will be completed on June 9.

Beat Interactive’s CEO Kim Hye-im will retain her position and Kim Se-hwang, a guitarist of the rock band N.EX.T, will be appointed as the chief entertainment officer. Kim Se-hwang was previously the chief operating officer of Attrakt, the agency of girl group Fifty Fifty.

Hanchang plans to enter and expand business in the K-content industry through this acquisition.

BY SHIN MIN-HEE [shin.minhee@joongang.co.kr]