On Feb. 13, it was reported through Korean media outlet, Newsen, that Kakao M's labels, Plan A Entertainment and Fave Entertainment will be merging together.
As for Fave Entertainment, SBS "The Fan"'s Lim JiMin, MBC "Under Nineteen"'s Jeon DoYum, Jung JinSung and Lee SeungHwan. In addition to that, Fave Entertainment also revealed that they have plans to debut a new girl group, Fave Girls (temporary name).
On Apr. 1, artists under the two companies will become a new family.
Are you surprised by the merging of the companies?