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      K Wave Media Ltd.
c/o Maples Corporate Services Limited
PO Box 309, Ugland House
Grand Cayman, KY1-1104
Cayman Islands

      July 26, 2024

      Via EDGAR

      Division of Corporation Finance

      Office of Trade & Services

      U.S. Securities and Exchange Commission

      100 F Street, N.E.

      Washington, DC 20549

            Attention:
            Rebekah Reed

            Erin Jaskot

            RE:
            K Wave Media Ltd.

            Amendment No. 2 to Registration Statement on Form F-4

            Filed July 1, 2024

            File No. 333-278221

      Dear Ms. Reed and Mr. Jaskot:

      On behalf of K Wave Media Ltd. (“K Wave” or the “Company”), we are responding to the letter from the staff of the Division of Corporation
         Finance Office of Trade & Services (the “Staff”) dated July 19, 2024 (the “Comment Letter”) regarding K Wave’s Amendment No. 2 to Registration Statement on Form F-4 filed with the Securities and Exchange Commission
         (the “SEC”) on July 1, 2024 (the “Registration Statement”). Concurrently with the submission of this letter, the Company is submitting Amendment
         No. 3 to the Registration Statement on Form F-4 (“Amended Registration Statement”) via EDGAR to the Commission for review in accordance with the procedures of the
         Commission.

      The Company has responded to all of the Staff’s comments by revising the Amended Registration Statement to address the comments,
         by providing an explanation if the Company has not so revised the Amended Registration
         Statement, or by providing supplemental information as requested. The Staff’s comments are repeated below in italics and followed by the Company’s response. We have included page references to the Amended Registration Statement
         where the language addressing a particular comment appears. Terms used but not otherwise
         defined herein have the meanings set forth in the Amended Registration Statement.
         The changes reflected in the Amended Registration Statement include those made in
         response to the Staff’s comments as well as other updates.

      For ease of reference, the text of the Division of Corporation Finance Office of Trade
         & Services’ comment is included in bold-face type below, followed by the Company’s response.

      Amendment No. 2 to Registration Statement
on Form F-4 filed July 1, 2024

      Letter to Stockholders of Global Star Acquisition Inc., page i

      1. Please state in the second paragraph where you discuss the business combination agreement that K Enter has minimal independent operations and does not currently own
         a controlling interest in any other entities. Revise the added paragraph beginning,
         “The closing of the business combination is subject to certain conditions...” to clearly
         state the same. Further revise such paragraph to include cross-references to the questions and answers at page 14 related to material developments or changes in the acquisitions
         of the Six Korean Entities. Additionally, please include early in the summary of the proxy statement/prospectus beginning at page 18, as well as in the description of the Acquisition Merger on page 103, disclosure comparable to this paragraph, as revised in response
         to this comment.

    1

Response: The Company respectfully
acknowledges the Staff’s comment as well as Comments 4, 7 and 15, relating to K Enter’s acquisitions of the controlling equity
interests of the Six Korean Entities and the fact that the closing of the Business Combination is only conditioned on K Enter closing
on the acquisitions of the controlling equity interests of only two (2) out of the Six Korean Entities. To address the Staff’s concerns
the parties have amended the Merger Agreement to provide that the closing of the Business Combination is conditioned upon the closing
of K Enter’s acquisition of the controlling equity interests of all of the Six Korean Entities. K Enter expects to close the acquisition
of the controlling equity interests of the Six Korean Entities promptly after this proxy statement/prospectus on Form F-4 is declared
effective by the U.S. Securities and Exchange Commission. The Company will include in the final proxy statement/prospectus the date K
Enter completed the acquisitions of the controlling equity interests of the Six Korean Entities. Additionally, Global Star will not mail
out the proxy statement to its stockholders in connection with the Special Meeting seeking stockholder approval of the Business Combination
until after K Enter closes the acquisitions of the controlling equity interests of the Six Korean Entities. Global Star anticipates that
these acquisitions by K Enter will be completed shortly after this proxy statement/prospectus on Form F-4 is declared effective by the
U.S. Securities and Exchange Commission. Further in the event there are material changes regarding K Enter’s proposed acquisitions
of the controlling equity interests of the Six Korean Entities, Global Star will furnish updated proxy materials to its stockholders.
See the Letter to Stockholders and pages 14, 19 and 23 of the Amended Registration Statement.

      Questions and Answers About the Business
Combination and the Special Meeting Q: How will the

      Initial Stockholders and the Sponsor vote?, page 8

      2. We note that disclosure at page 85 has been revised to state that the Initial Stockholders
         and Sponsor have the requisite voting power to approve each of the proposals in the
         proxy statement/prospectus. If true, revise this question and answer to state as much,
         and provide such disclosure in the letter to stockholders as well.

Response: The Company respectfully
acknowledges the Staff’s comment. The Company has addressed the Staff’s comment in the Letter to Stockholders and at page
8 of the Amended Registration Statement.

      Q: Will I experience dilution as a result of the Business Combination?, page 10

      3. Please add a footnote to the table listing additional sources of dilution to explain
         that while you have assumed a $10 per share conversion price when disclosing the number
         of shares underlying the K Enter convertible senior secured notes, such conversion
         price may be adjusted downwards. Disclose how many PubCo shares could be issued at
         the conversion floor price of $4 per share.

      Response: The Company respectfully acknowledges the Staff’s comment. The Company has addressed the Staff’s comment at page 10 of the Amended Registration Statement.

      Q: What if there are material developments or changes relating to the acquisition...,
         page 14

      4. We note your response to prior comment 20. Please revise to explain at the outset
         of this question and answer that the closing of the business combination is conditioned
         only on the closing of the acquisitions of Play Company and Solaire Partners and not
         on the acquisition of all Six Korean Entities. Additionally, please revise and supplement
         this question and answer as follows:

 ● We note your reference to “updated or supplemental proxy
materials.” Please explain what you mean by this distinction and clarify the circumstances under which you would amend and update the
disclosure in the proxy statement/prospectus and recirculate it to shareholders.

    2

 ● Provide additional detail regarding the plans for, and
timing of, circulating updated proxy materials in the event of any material change following effectiveness of the registration statement,
including how far in advance of the special meeting Global Star stockholders could expect to receive such updated materials.

 ● Explain to stockholders the circumstances under which
you would discard proxy cards already received if you recirculate updated proxy materials and whether and how, in such event, stockholders
who have already voted would be afforded the opportunity to recast their vote.

      Response: The Company respectfully acknowledges the Staff’s comment. See the Company’s response to Comment 1 above.

      Summary of the Proxy Statement/Prospectus K Enter Holdings Inc., page 19

      5. We note your response to prior comment 1. Revise to specify which of the Six Korean
         Entities’ projected 2024 revenues are impacted by the delay in acquisition date and quantify
         the extent to which projected revenues have been and/or are expected to be negatively
         impacted by the delay. In this regard, the disclosure references “PubCo’s projected revenues,” but the projections included in the proxy statement/prospectus
         are those of the Six Korean Entities, rather than PubCo as a whole. Please also provide
         additional explanation as to why the second fairness opinion dated March 12, 2024 (as updated on April 29, 2024) is not impacted by a change in the projected financial information underlying
         the analyses therein. Make conforming revisions where this disclosure appears elsewhere.

Response: The Company respectfully
acknowledges the Staff’s comment. The Company has addressed the Staff’s comment at pages 20 and 21 of the Amended Registration
Statement.

      Ownership Structure of Pubco Following the Business Combination, page 24

      6. It appears the ownership interests depicted in the top boxes of the chart are not
         consistent with the ownership interests shown on page 11. Please conform as appropriate.

Response: The Company respectfully
acknowledges the Staff’s comment. The Company has addressed the Staff’s comment at page 26 of the Amended Registration Statement.

      Background, page 108

      7. You disclose that your decision to condition the closing of the business combination
         on the acquisitions of only Play Company and Solaire Partners was based on K Enter’s “desire to give greater incentives to management of the five other companies to achieve success.” Please expand on this statement and explain how structuring the business combination in this way and acquiring only a 51% interest in the companies aside from Play Company and Solaire Partners gives greater incentives to management. Also revise to indicate whether Global Star and K Enter have discussed any actual or potential adjustments to the base consideration in the event K Enter does not acquire a controlling interest in one or more of the Six Remaining Entities. If so, please disclose these adjustments here and elsewhere as appropriate.

      Response: The Company respectfully acknowledges the Staff’s comment. See the Company’s response to Comment 1 above.

      Proposal No. 2: The Acquisition Merger Proposal

      Supplemental Information: K Enter Forecasts, page 139

      8. 2024 in the table is labeled as actual but appears it is forecasted. Please revise
         as appropriate. Additionally, it appears the first column labeled as 2023 for the other
         entities contains forecasted amounts and should be labeled accordingly.

      Response: The Company respectfully acknowledges the Staff’s comment. The Company has addressed the Staff’s comment at page 140 of the Amended Registration Statement.

    3

      9. Please provide a discussion of the material assumptions underlying the projections included in this section, quantifying such assumptions as practicable. For example,
         to the extent the projections depend upon an increase in revenue from specific customers,
         please quantify the projected increases.

      Response: The Company respectfully acknowledges the Staff’s comment. The Company has addressed the Staff’s comment at pages 142-148 of the Amended Registration Statement.

      Business of K Enter, page 161

      10. We note several remaining references to “content virtualization” being one of K Enter’s “four initial capabilities,” including at the outset of this section. At page 197
         you also state, “Additionally, one of these acquisitions will allow us to expedite the development
         of a fourth capability.” As this disclosure implies that K Enter will acquire First Virtual
         or another content virtualization company prior to the consummation of the business combination, please revise to reflect that K Enter has terminated its agreement to
         acquire First Virtual.

Response: The Company respectfully
acknowledges the Staff’s comment. The Company has addressed the Staff’s comment at pages 37, 166, 204 and 300 of the Amended
Registration Statement.

      Capabilities and the Six Korean Entities to be acquired, page 179

      11. We note your response to prior comment 12, as well as Article 5 of the Share Pledge Agreements included in Exhibits 10.12-10.18. Revise the disclosure regarding the Share Pledge Agreements to explain in further detail how K Enter could enforce the pledges created by such agreements in order to “ensure the closing of” the related Share Purchase Agreements. For example, we note that paragraph (2) of Article 5 contemplates that
         K Enter, as pledgee, could “acquire the Pledged Shares in lieu of the full or partial satisfaction of the Secured Obligations by a commercially reasonable method,” but
         this remedy is not addressed in the proxy statement/prospectus. Address the amount of time that it could take for K Enter to enforce any remedy with respect to the pledged shares.

Response: The Company respectfully
acknowledges the Staff’s comment. The Company has addressed the Staff’s comment at pages 180-189 of the Amended Registration
Statement. Additionally, as noted in response to Comment 1 above, the parties have amended the Merger Agreement to provide that the closing
of the Business Combination is conditioned upon the closing of K Enter’s acquisition of the controlling equity interests of all
of the Six Korean Entities. K Enter expects to close the acquisition of the controlling equity interests of the Six Korean Entities promptly
after this proxy statement/prospectus on Form F-4 is declared effective by the U.S. Securities and Exchange Commission and the Company
will include in the final proxy statement/prospectus the date K Enter completed the acquisitions of the controlling equity interests of
the Six Korean Entities. Furthermore, Global Star will not mail out the proxy statement to its stockholders in connection with the Special
Meeting seeking stockholder approval of the Business Combination until after K Enter closes the acquisitions of the controlling equity
interests of the Six Korean Entities. We submit that since the closing of the Business Combination is conditioned upon K Enter’s
acquisition of the controlling equity interests of all of the Six Korean Entities, this Comment 11 regarding the manner and timing of
K Enter’s rights to enforce the Pledge Agreements to close the Share Purchase Agreements for the Six Korean Entities is rendered
moot.

      Unaudited Pro Forma Condensed Combined Balance Sheet for New K Enter as of December 31, 2023, page 248

      12. It appears columns for adjustments and “New K Enter Pro Forma Combined” are missing. Please revise as appropriate.

      Response: The Company respectfully acknowledges the Staff’s comment. This comment has been resolved by revising the Unaudited Pro Forma Condensed Combined
         Balance Sheet for New K Enter as of December 31, 2023 on page 248 of the Amended Registration Statement to include the columns for the Adjustments and for “New K Enter Pro Forma Combined.”

      Unaudited Pro Forma Condensed Combined Financial
Information

      Note 7 - Net Loss Per Share, page 267

      13. Please revise footnote (2) to the first table hereunder to refer to the redemptions
         associated with the Second Extension. Appears footnote (2) to the table on page 254 needs to
         be revised as well.

      Response: The Compa