[TRANS/ARTICLE] 131202 TVReport: Star M Acquires Dream Tea Entertainment – Girl’s Day
Girl’s Day, Lee Jongsuk, and Oh Yeonseo are now all on the same team… Star M acquires Dream Tea
[Kim Jihyun for TVREPORT] The girl group Girl’s Day has been brought together with actor Lee Jongsuk and actress Oh Yeonseo.
On the 2nd, a representative for Dream Tea Entertainment revealed: “Dream Tea, the company behind Girl’s Day, has become a subsidiary of Wellmade Star M. The current staff will remain intact and team up with the staff of the parent company.”
The representative explained further: “Even after the merger, Girl’s Day and Jevice will continue to be with Dream Tea. As the two companies affiliate with one another, Lee Jongsuk and Oh Yeonseo will naturally be under the same roof as Girl’s Day.”
Wellmade Star M now holds 100% of Dream Tea Entertainment’s shares (a net worth of 1.1 billion KRW / approximately 1 millon USD), but Dream Tea will still manage its groups and maintain its role in the music production for them.
Translated By: Shirina