K Wave Media Expands Reach with Acquisition of Hansol Inticube
NEW YORK and SEOUL, South Korea, Dec. 22, 2025 (GLOBE NEWSWIRE) -- K Wave Media Ltd. (Nasdaq: KWM), a leading global entertainment and media company, announced today it has executed a binding share purchase agreement to acquire a 42.25% stake in Hansol Inticube Co., Ltd. (“Hansol Inticube”). This KOSDAQ-listed company specializes in AI language and software development and will enhance K Wave Media’s technological capabilities, including managerial control, through its wholly owned subsidiary, Play Company Co., Ltd. The acquisition is projected to finalize in the first quarter of 2026, pending customary closing conditions.
Strategic Implications of the Acquisition
This strategic move aligns K Wave Media’s extensive expertise in entertainment with Hansol Inticube’s advanced AI, cloud, and ICT solutions. As K Wave Media continues its evolution into an EnterTech company, this partnership aims to transform how millions of global K-culture fans interact with content and artists.
Hansol Inticube's Role in the New Vision
Hansol Inticube is recognized for its robust B2B ICT infrastructure, offering solutions such as:
- AI contact centers
- Voice recognition technology
- Chatbots
- Smart solutions and platform technologies
With a consistent technology foundation and an extensive customer base across sectors like financial services, public sectors, and telecommunications, Hansol Inticube's capabilities are expected to enhance customer experience, optimize fan engagement, and improve IP monetization strategies in the content and entertainment domains.
Financial Insights and Future Expectations
In the first nine months of 2025, Hansol Inticube reported revenues of KRW 51 billion, or approximately USD $35 million. K Wave Media anticipates that this acquisition will significantly contribute to its consolidated financial performance and aid in achieving its goal of doubling revenue in 2026 after the deal concludes.
K Wave Media's Plans Post-Acquisition
K Wave Media, through Play Company, has a proven record of successful project execution in domestic and international entertainment markets. By leveraging its experience in artist IP management and K-pop production, K Wave Media plans to develop innovative AI service models and interactive platforms following the acquisition.
Leadership's Vision
Ted Kim, CEO of K Wave Media, commented: “Play Company has established a solid track record across global markets, including Southeast Asia, the United States, and Japan. Merging our practical experience with Hansol Inticube’s technological prowess positions K Wave Media as a transformative global platform company.”
Kim further stated, “This acquisition marks a strategic milestone in our digital transformation and is critical for the expansion of the K-culture industry. We foresee substantial synergies across new business realms, such as AI-driven communities and data analytics, driving future growth.”
Expanding K Wave Media's Business Scope
Post-transaction, K Wave Media plans to broaden its offerings to include:
- AI solutions
- Fandom community platforms
- Chatbots
- IP monetization strategies
- Data-driven content distribution solutions
This expansion aims to strengthen K Wave Media's competitiveness and enhance the technology-driven value chain within the K-culture ecosystem.
About K Wave Media
K Wave Media (KWM) is a publicly listed firm dedicated to creating, distributing, and monetizing premium content across diverse platforms. Established in 2025, KWM focuses on strategic growth initiatives, including acquisitions and digital asset management.
Forward-Looking Statements
This statement includes forward-looking comments within the scope of applicable securities regulations. These predictions involve risks that may cause actual results to differ and should be viewed cautiously. Investors should consult K Wave Media’s official documentation filed with the SEC for comprehensive risk factors and considerations involved in investment decisions.
For further inquiries, media can contact K Wave Media's Investor Relations at info@kwavemedia.com or reach Evan Sneider at esneider@redroosterpr.com.