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Jay-Z Makes $500M K-Pop and Korean Culture Play in New JV
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Jay-Z Makes $500M K-Pop and Korean Culture Play in New JV
Photo Credit: MarcyPen Capital Partners Jay-Z enters into a partnership with Korea’s Hanwha Asset Management to form a $500 million joint venture fund for K-pop and Korean culture expansion. Jay-Z’s investment firm, MarcyPen Capital Partners, has partnered up with Korea’s Hanwha Asset Management to tap surging global demand for K-pop and other Korean culture through a $500 million joint venture fund. On Tuesday, Hanwha said it signed a memorandu…
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