You Hee-yeol. 2023.06.10. (Photo = provided by antenna) photo@newsis.com *Resale and DB prohibited
Reporter Lee Jae-hoon = Composer and producer Yoo Hee-yeol has returned as a major shareholder of the entertainment company Antenna.
According to the Electronic Disclosure System of the Financial Supervisory Service on the 10th, Yoo Hee-yeol bought a 21.37% (2786 shares) stake in Antenna from Kakao Entertainment, the parent company of Antenna, on the 2nd and became the second largest shareholder. It cost about 32 billion won.
Kakao Enter owned 100% of Antenna. In addition to Yoo Hee-yeol, a 20.7% stake was also transferred to a third party, and the current shareholding of Kakao Enter is 57.93% (7553 shares).
In 2021, Kakao Enter bought a 100% stake, including a 19% stake in Yoo Hee-yeol, for around 10 billion won. Yoo Hee-yeol invested 7 billion won to secure a 0.07% stake, as it was part of the funds he received from selling the antenna at the time of Kakao Enter’s paid-in capital increase.
In addition to Yoo Hee-yeol, Antenna started out as a musician group with mainly singer-songwriters such as Lucid Fall, Jung Jae-hyung, Pepperphones, Kwon Jin-ah, and Sam Kim. From 2021, starting with ‘national MC’ Yoo Jae-seok, she is expanding the spectrum of her lineup by recruiting Mijoo from ‘Lovelyz’ last year, guitarist Lee Sang-soon, and top singer Lee Hyo-ri one after another.
In particular, Yoo Jae-seok, Lee Sang-soon, and Lee Hyo-ri are close friends with Yoo Hee-yeol. As much as they decided to be together, Yoo Hee-yeol is known to have bought shares of Antenna to strengthen his responsible management.