[The Fact ㅣ Reporter Kim Saetbyul] KH Group IHQ has taken over the management company Maru Entertainment.

Source: provided by HQ logo.

On the 22nd, IHQ announced that it had acquired a 47.14% stake in Maru Planning to strengthen its business competitiveness.

Maru Worldwide is a company that has been active in various entertainment fields such as music production, movies, dramas, and management since its establishment in 2010. In addition to Wanna One's Park Ji-hoon, Ghost Nine, Teen Teen, and actress Choi Moon-hee are also part of the group, which also planned and produced Norazo's album 'Vegetables'.

In particular, Park Ji-hoon, a former trainee of Wanna One, participated in MNET's 'Produce 101 Season 2' as a trainee for Maru and established the strong fandom by placing 2nd in the final.

Through this acquisition, Maru Entertainment is equipped with IHQ's systematic management system and broadcasting infrastructure and has secured a strong support team to lead the global stage along with the Discover talented artists.

IHQ is also expected to increase its sales by expanding its music business by attracting idol stars and seriously targeting the global content market.

IHQ is a management business that operates four cable channels and belongs to Jang Hyuk, Kim Hye-Yoon, Hwang Hwang-Seong, and Lee Su-ji. Last month, it launched a new concept mobile OTT platform 'babayo'.