Bucket Studio Co., Ltd. cancelled the acquisition of 25.77% stake in BA Entertainment Co. Ltd. from JTBC Content Hub Co., Ltd.
December 26, 2020
Share
Bucket Studio Co., Ltd. (KOSDAQ:A066410) agreed to acquire 25.77% stake in BA Entertainment Co. Ltd. from JTBC Content Hub Co., Ltd. for KRW 8.7 billion on December 27, 2019. For the year ending, December 31, 2018, BA Entertainment Co. Ltd. has a total asset of KRW 7 billion, total debt of KRW 3.7 billion, total common equity of KRW 3.2 billion, revenue of KRW 22.9 billion and net loss of approximately KRW 700 million.
Bucket Studio Co., Ltd. (KOSDAQ:A066410) cancelled the acquisition of 25.77% stake in BA Entertainment Co. Ltd. from JTBC Content Hub Co., Ltd. on December 27, 2020.
BUCKET STUDIO Co.,Ltd., formerly ACOM STUDIO Co., Ltd., is a company mainly engaged in the provision of the text sending services and contents. Along with subsidiaries, the Company operates its business through two segments. The Digital Advertisement (AD) Center segment is involved in the provision of the text sending services. The text sending services are provided under smsjoa. The Content and intellectual property (IP) segment is involved in the sale of digital versatile discs (DVDs), the provision of image contents, the provision of copyright protection services, as well the operation of theaters and theater shops. The Company distributes its products within the domestic market and to overseas markets.
BUCKET STUDIO CO., LTD. 
