[Vibrant Neon K-POP Signage Background] bymuratdeniz/iStock via Getty Images Disney’s (DIS [https://seekingalpha.com/symbol/DIS]) Korean subsidiary has signed a 10-project deal with South Korea’s Kakao Entertainment to collaborate on projects that leverage the success of K-Pop and Disney’s intellectual property. The two companies will collaborate on the creation of a tentatively named K-Culture Fund and “elevate the paradigm of the K-IP ecosystem to the next level.” “Through this partnership, we look forward to bringing K-pop artists and music together with Disney’s stories—which have been loved around the world for generations—and expanding them into new worlds," Kakao said in a press release. [https://newsroom.kakaoent.
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