JYP Entertainment [ OFFICIAL WEBSITE ]
JYP Entertainment (Korean: JYP 엔터테인먼트) is a South Korean entertainment company established by Park Jin-young in 1997. The company operates as a record label, talent agency, music production company, event management and concert production company, and music publishing house. It is currently one of the largest entertainment companies in South Korea.[1][2] JYP Entertainment is currently the home of artists including the Wonder Girls, 2AM, 2PM, Miss A, Baek A-yeon, 15&, JJ Project, Sunmi, GOT7, HA:TFELT, Bernard Park, G.Soul, DAY6, and Twice, and formerly to artists like Park Ji-yoon, god, and Rain. It was reported that for the year 2014, JYP Entertainment took revenues of KR₩48.5 billion (approximately US$43 million) with net profits of KR₩7.85 billion (US$7.07 million). JYP Entertainment Co. Ltd. TypePublic Traded asKRX: 035900 Industry Genre FoundedApril 25, 1997 FounderJ.Y. Park HeadquartersSeoul, South Korea Area servedWorldwide Services
Revenue
Net income
OwnerJ.Y. Park (60.07%) Subsidiaries
Websiteenglish.jype.com HISTORY HistoryJYP Entertainment was founded in 1997 by South Korean singer and record producer Park Jin-young. Although its production and trainee system largely followed that of S.M. Entertainment, it initially focused on breaking into the American market, opening the studio and headquarters of its US branch, JYP USA, in New York City on June 20, 2007. In June 2009, JYP Entertainment and the Jonas Group signed a management deal that allowed the Wonder Girls to join the Jonas Brothers' World Tour in selected cities as the opening act. In November 2011, the US-based subsidiary JYP Creative was established and it was reported that Park invested approximately US$1.2 million in the branch. However, after a year of operation, the company reportedly saw a net loss of around US$1.5 million by the end of 2012, forcing the CEO to liquidate the branch and close all US operations, including the New York branch. Joint ventures and subsidiaries Founder Park Jin-young in 2010J. Tune EntertainmentIn December 2010, JYP Entertainment effectively incorporated J. Tune Entertainment.[8][9][10] Wonder Girls in 2008KMP Holdings and KT MusicFurther information: KT Music and KMP HoldingsIn March 2010, KMP Holdings was established via a joint venture between JYP, S.M. Entertainment, YG Entertainment, Star Empire, Media Line, CAN Entertainment, and Music Factory Entertainment. KMP Holdings was acquired by KT Music in November 2012, and in June 2013, KT Music absorbed KMP's distribution network. In January 2014, the seven talent agencies behind KMP Holdings formed a collective bond partnership and bought 13.48% of KT Music's stocks, leaving KT Corporation with 49.99%. AQ EntertainmentOn December 9, 2013, it was reported that JYP Entertainment had liquidated its sub-label AQ Entertainment. United Asia ManagementIn 2011, JYP Entertainment joined with S.M. Entertainment, YG Entertainment, KeyEast, AMENT, and Star J Entertainment to form United Asia Management in an effort to promote Korean pop music internationally. Smile GateOn November 17, 2013, JYP Entertainment partnered with Smile Gate to promote the game 'CrossFire' with 2PM and miss A. Artists[edit]All of the artists under JYP Entertainment are collectively known as JYP Nation, similarly to SM Town and YG Family. MusiciansGroups
Producers
Studio JA subsidiary label attributed with the following artists:
|
|