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RBW Subsidiary WM Acquires 257 Entertainment, Adds Xlov and Installs Co-CEO

The transfer integrates 257’s assets into WM to accelerate RBW’s global expansion.

Overview

  • WM Entertainment signed a comprehensive business transfer agreement to take over 257 Entertainment and has begun post-merger integration.
  • The deal moves 257’s intellectual property, exclusive artist contracts and employees under WM’s control.
  • 257 Entertainment CEO Park Jae-yong will become co-CEO of WM alongside Kim Jin-woo, creating a dual leadership structure.
  • Boy group Xlov joins RBW’s label network after debuting in January 2025 with members Wumuti, Rui, Hyun and Haru and a genderless concept.
  • RBW leaders cited expected synergies across RBW, DSP Media and WM and pledged to grow Xlov’s intellectual property in the global market.