Kim Jun-koo, CEO of Naver Webtoon, right, and Lee Jin-soo, CEO of Kakao Webtoon, takes a vow before testifying at the National Assembly audit on Oct. 1. [YONHAP]
The head of Kakao Entertainment was grilled at the National Assembly Friday for forcing unfair contracts on webtoon artists.
He offered a groveling apology.
“I realize that we have only been looking at how much we have grown over the years and may have been arrogant during that process,” said Lee Jin-soo, CEO of Kakao Entertainment.
The Kakao group is being challenged by the government on a range of fronts, including how it operates its mobility and payment services. Now subsidiary Kakao Entertainment is being bashed for allegedly abusing its content creators.
Kakao…
