K Wave Media Acquires Rabbit Walk, Strengthens Creative Portfolio and Boosts Revenue

K Wave Media has acquired Rabbit Walk, a visual effects, AI-powered advertising, and 3D content studio, for $11.7 million in revenue in 2025. The acquisition is expected to contribute $15 million in revenue and $1.5 million in EBITDA in 2026, increasing K Wave Media's revenue by 25-30% over the next 12 months. The deal expands K Wave Media's creative and production capabilities, adding advanced visual effects and AI-powered advertising capabilities, as well as an expanded global client roster.