JYP Entertainment

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JYP Entertainment Co. Ltd.
Type Public
Traded as KRX: 035900
Industry Music
Entertainment
Fashion
Genre K-pop
Pop
Electronic
Dance
R&B
Hip-hop
Founded April 25, 1997 (1997-04-25)
Founders J.Y. Park
Headquarters Seoul, South Korea
Area served Worldwide
Key people Jung Wook (CEO)
Products Albums
Concerts
Revenue Increase₩ 21.3 billion (2013)[1]
Operating income Decrease₩ 2.94 billion (2013)
Net income Decrease₩ 3.71 billion (2013)
Owners J.Y. Park (18.08%)
LOEN Entertainment (7.19%)
Employees 97
Subsidiaries JYP Creative Inc.
JYP Foods Inc.
JYP Pictures.
Website Official English Website

JYP Entertainment (Korean: JYP 엔터테인먼트) is a record label and talent agency founded by Park Jin-young based in Seoul, South Korea. It produces and markets music recording/publishing, record manufacturing/sales, artist management, concert production, and new artist discovering/training.

JYP Entertainment is the home of artists like Park Ji Yoon, Rain and g.o.d, the label's current roster of recording artists include Wonder Girls, Joo, 2AM, 2PM, miss A, Baek Ah Yeon, 15&, JJ Project, Sunmi, Got7, YeEun & Bernard Park.

History[edit]

Founding[edit]

JYP Entertainment was originally found as Arion Corp. (아라리온), a company that made integrated circuit chips and computer data storage while offering servers. The company's established date is set as the day Arion Corp. was found. On January 29, 1999, the company changed its name to Bogang Media (보광미디어). Afterwards, the company integrated a wireless communicator company called Saytech Corp., so the company name was changed to Saytech Corp. On November 11, 2007, the company was given to the entertainer Rain. Due to that, the name was changed to Jaytune Entertainment (제이튠인터테인먼트).[2]

On December 2008, the company changed its type of enterprise to entertainment. On February 23, 2011, Park Jin-young's JYP Entertainment became the biggest stockholder of J. Tune Entertainment, so the name was changed to reflect the event.[2]

The studio and headquarters of its United States (US) branch, JYP USA, officially opened in New York City in June 20, 2007.[3] In October 2008, JYP Entertainment opened the JYP Beijing Center as its China branch. On November 2011, JYP Creative, a US subsidiary division was established.[4] The company was forced to close all US operations.[5]

Current[edit]

The company is divided into three divisions: entertainment management, phonograph record business, and contents. The entertainment management division manages advertising, concerts, and events. The phonograph record business division manages the planning, production, and distribution of phonograph records. The phonograph division also manages casting and the training of singers. The contents division provides digital media and is involved in licensing.[6]

On November 2012, JYP Entertainment shut down its New York City office and its US subsidiary corporation "JYP Creative." The subsidiary shut down after a $1.2 million investment and a consequent $1.5 million loss. [4] On Jun 19, 2013, JYP Entertainment finalized a deal to merge with JYP Corporation,a company that dealt with production and distribution of records and music products. On October 17, 2013, JYP Entertainment merged with JYP Corporation.[6] It has been reported that the group is worth in excess of $100 million.[7]

On December 9, 2013, it was revealed that JYP Entertainment has decided to liquidate it's sub-label, AQ Entertainment, at the latter's meeting of shareholders.[8]

Partnerships[edit]

In June 2009, it was officially announced that JYP Entertainment and the Jonas Group signed a management deal for the Wonder Girls. Wonder Girls joined the Jonas Brothers' World Tour 2009, in selected cities,and performed their two songs "Nobody" and "Tell Me" as the opening act.[9] In the same year, Hyerim, a joint venture between JYP Entertainment and KeyEast BOF, was founded.[10]

KMP Holdings[edit]

In March 2010, KMP Holdings was established via a joint venture between JYP, S.M., YG, Star Empire, and other companies. KMP is the official distributor of releases from these companies. KMP stands for "Korean Music Power".[11]

AQ Entertainment[edit]

On December 9, 2013, it was revealed that JYP Entertainment has decided to liquidate it's sub-label, AQ Entertainment, at the latter's meeting of shareholders. It appears that after the liquidation of AQ Entertainment, miss A and Baek Ah Yeon will now be solely under JYP Entertainment.[12]

In December 2010, Park Jin-Young announced that Rain would be merging his entertainment company, J. Tune Entertainment, with JYP Entertainment.[13]

United Asia Management[edit]

In 2011, JYP Entertainment partnered up with SM Entertainment, YG Entertainment, KeyEast, AMENT and Star J Entertainment to create United Asia Management in an effort to promote Korean pop music internationally.[14] In February 2011, JYP Entertainment was changed to JYP co., Ltd.

Reebok[edit]

On June 26, 2012, JYP revealed news of a collaboration between JYP and Swizz Beatz for Reebok[15] JYP and Reebok will be working together to represent the brand’s ‘Classic Campaign,’ and a new song is planned for release in July. JYP also revealed the endorsement models from his agency: 2PM‘s Wooyoung and Taecyeon, and miss A's Suzy

Smile Gate[edit]

In November 17, 2013, JYP Entertainment partnered up with Smile Gate to promote game 'CrossFire' with 2PM & miss A.

KT Music[edit]

In January 2014, the seven talent agencies behind KMP Holdings (S.M. Entertainment, YG Entertainment, JYP Entertainment, Star Empire Entertainment, Media Line, CAN Entertainment and Music Factory Entertainment) formed a collective bond partnership. They bought 13.48% of KT Music's stocks, leaving parent KT Corporation's share with only 49.99%.[16]

Locations[edit]

above office also listed as: JYP Center, 41,79-gil, Apgujeong-dong, Gangnam-gu, Seoul

Recording artists[edit]

JYP Entertainment[edit]

Debut Artist Gender Members Leader Status Fanclub Official Color
1994 Park Jin Young Male Active
2007 Wonder Girls Female Yubin, SunYe(inactive), YeEun, Lim SunYe Hiatus Wonderful Pearl Burgundy
2008 2AM Male Changmin, Seulong, Jo Kwon, Jinwoon Jo Kwon Active I AM Metallic Gray
2PM Jun. K, Nichkhun, Taecyeon, Wooyoung, Junho, Chansung Hottest Metallic Gray
2008 Joo Female
2010 miss A Fei, Jia, Min, Suzy Say A
2011 Jun. K Male Hottest Metallic Gray
2012 JJ Project JB, Jr. JB - -
Jo Kwon I AM Metallic Gray
Jang Wooyoung Hottest Metallic Gray
Baek Ah Yeon Female
15& Jimin, Yerin
2013 Junho Male Hottest Metallic Gray
Sunmi Female Wonderful Pearl Burgundy
2014 GOT7 Male Mark, JB, Jackson, Jr., Youngjae, BamBam, Yugyeom JB I GOT7 Metallic Gray
HA:TFELT Female Wonderful Pearl Burgundy
Bernard Park Male
2015 5 Live Male Jaehyung, Sungjin, Junhyuk, Younghyun, Wonpil Jaehyung Scheduled
6 Mix Female Lena, Sana, Nayeon, Jungyeon, Jisoo, Minyoung Lena Scheduled ReMix

AQ Entertainment[edit]

On December 9, 2013, it was revealed that JYP Entertainment has decided to liquidate its sub-label, AQ Entertainment, at the latter's meeting of shareholders. It appears that after the liquidation of AQ Entertainment, miss A and Baek Ah Yeon will now be solely managed under JYP Entertainment.[12]

J. Tune Entertainment[edit]

After the merge of JYP Entertainment with formerly called J. Tune Entertainment, the latter is no longer existing as of November 2013. It's ex-roster, Rain left and signed with Cube Entertainment. Boy group MBLAQ and their label-mates are under J. Tune Camp; a company that is not affiliated to JYP Entertainment.[17]

Actors and Actresses[edit]

Soloists[edit]

Composers[edit]

Choreographers[edit]

  • Park Jin Young
  • Jr. (GOT7's "Follow Me")
  • Park Nam-yong (mostly 2PM's choreographer)
  • Kim Hwa-young (ex Rain's dancer, now choreographer for J.Y. Park, Wonder Girls, miss A, etc.)
  • Jonté Moaning (Wonder Girls' "Be My Baby", miss A's "Touch", J.Y. Park's "You're the One", etc.)

Former sub companies[edit]

Big Hit Entertainment[edit]

Debut Artists Gender Members Leader Fanclub name Official color
2005 Lim Jeong Hee Female - - - -
2008 Lee Changmin Male - - I AM Metallic Gray
2010 Homme Male Lee Changmin, Lee Hyun - - -
2011 David Oh Male - - - -
2012 GLAM Female Park Jiyeon, Zinni, Dahee, Miso Park Ji Yeon - -
2013 Bangtan Boys Male Jin, Suga, J-Hope, Rap Monster, Jimin, V, Jungkook Rap Monster A.R.M.Y -

AQ Entertainment[edit]

Debut Artists Gender Members Leader Fanclub name Official color
2010 miss A Female Fei, Jia, Min, Suzy - Say A -
2012 Baek Ah Yeon Female - - - -

Former artists[edit]

Debut Artists Gender Members Leader Fanclub name Official color Disbanded Group
1997 Pearl Male - - N/A - - -
1999 g.o.d[27] Male 5 Park Joon Hyung Fan God Sky Blue Left the company (2006) -
2000 Ryanghyun Ryangha Male 2 - - - N/A -
2000 Park Ji Yoon[27] Female - - Blue Angel Blue 2003 -
2002 Noel[27] Male 4 - - - -
2002 Rain[27] Male - - Cloud Silver Left the company (2007) -
2002 Byul Female - - - Purple 2008 -
2003 One Two Male 2 - - - 2008 -
2005 Lim Jeong-hee Female - - - - 2012 -
2007 HyunA Female - - - - Left the company (2007) Wonder Girls
2007 Ahn Sohee Female - - Wonderful Pearl Burgundy Left the company (2014)
2008 Jay Park Male - - - - Left the company (2009) 2PM
2010 San E Male - - - - 2013 -

Former Actors[edit]

Notable former trainees[edit]

JYP Entertainment has trained a number of music artists over the years. They include:

JYP Nation[edit]

JYP Nation is the project name used by JYP Entertainment for compilation works, similar to SM Town and YG Family. It consists of current recording artists under the company.[35]

Albums[edit]

Albums Release Dates
This Christmas December 1, 2010

Concerts[edit]

  • 2008 JYP Tour
  • 2009 JYP Tour
  • 2010 JYP Tour
  • 2010 JYP Nation Team Play Concert
  • 2011 JYP Nation in Japan
  • 2012 JYP Nation in Seoul
  • 2012 JYP Nation in Japan
  • 2014 JYP Nation One Mic in Seoul
  • 2014 JYP Nation One Mic in Hong Kong
  • 2014 JYP Nation One Mic in Tokyo
  • 2014 JYP Nation One Mic in Bangkok

Discography[edit]

References[edit]

  1. ^ "JYP Entertainment Corp". The Financial Times. October 28, 2013. Retrieved October 30, 2013. (registration required (help)). 
  2. ^ a b "(주)제이와이피엔터테인먼트[JYP Entertainment Corporation]" (in Korean). Doosan Corporation. Retrieved October 30, 2013. 
  3. ^ "Park Jin-young Has Ambitions to Conquer the World". Chosun Ilbo. 2007-07-03. Archived from the original on 2007-11-06. Retrieved 2007-11-07. 
  4. ^ a b Jackson, Julie (March 25, 2013). "Park Jin-young reveals closure of US operations". ASIA NEWS NETWORK. 
  5. ^ http://m.koreaherald.com/view.php?ud=20130324000279
  6. ^ a b "JYP Entertainment Corp". THE FINANCIAL TIMES LTD 2013. October 28, 2013. Retrieved October 30, 2013. 
  7. ^ Yang, Jeff (27 March 2008). "Future Pop". Portfolio.com. Retrieved 7 June 2012. 
  8. ^ alim17 (December 9, 2013). "JYP Entertainment liquidates its sub-label AQ Entertainment in charge of managing miss A and Baek Ah Yeon". allkpop. Retrieved December 20, 2013. 
  9. ^ (Korean) Kim, Hyeong-wu. 원더걸스 미국 데뷔 성공 가능성 얼마나 될까 (What are the Wonder Girls' Chances of Succeeding in American Debut?). Joins.com/Newsen. June 5, 2009. Retrieved June 5, 2009.
  10. ^ Staff (2011). "01 Company History". JYP Corp. JYP Corp. Retrieved 7 June 2012. 
  11. ^ 문수인|정치부 (18 March 2010). "음악제작 7개사 손잡았다". MK (in Korean and English). Retrieved 7 June 2012. 
  12. ^ a b alim17 (December 9, 2013). "JYP Entertainment liquidates its sub-label AQ Entertainment in charge of managing miss A and Baek Ah Yeon". allkpop. Retrieved December 20, 2013. 
  13. ^ 이언혁 (30 December 2010). "대주주 된 박진영, 제이튠엔터 전속계약 4년만에 소속사 찾았다". Nate (in Korean and English). Retrieved 7 June 2012. 
  14. ^ (Korean)Lee, Jung Hyung (2011-04-08). "키이스트, SM, YG, JYP 등 6개사 아시아 매니지먼트 에이전시 'UAM' 설립! (KeyEast, SM, YG, JYP & more join forces to establish a new global agency, "United Asia Management")". Naver.com. Retrieved 2011-04-08. 
  15. ^ [1].
  16. ^ Cho Seung-hoon (January 24, 2014). "SM, YG, JYP lead 7 companies as KT Music's new stakeholders". Gaon Music Chart (Korea Music Content Industry Association). Retrieved September 17, 2014. 
  17. ^ J.tune moves to JYP, what happens to Rain and MBLAQ?
  18. ^ "Choi Woo Shik to return for 'Special Affairs Team TEN' Season 2". 6Theory Media, LLC. January 25, 2013. Retrieved October 30, 2013. 
  19. ^ "JYP Entertainment's child actress Kim Ji Min to be the next 'first love' to star in 'The Goddess of Fire'". 6Theory Media, LLC. May 30, 2013. Retrieved October 30, 2013. 
  20. ^ "J.Y. Park to leave on the 11th for his honeymoon to the Fiji Islands". 6Theory Media, LLC. October 10, 2013. Retrieved October 30, 2013. 
  21. ^ [2][dead link]
  22. ^ "Min Hyo Rin signs with JYP Entertainment, the agency she spent her trainee years under". 6Theory Media, LLC. March 13, 2014. Retrieved March 14, 2014. 
  23. ^ "JYP Entertainment actor Park Joo Hyung cast in 'Jeon Woo Chi'". 6Theory Media, LLC. November 21, 2012. Retrieved October 30, 2013. 
  24. ^ "Actress Song Ha Yoon joins JYP Entertainment". 6Theory Media, LLC. May 3, 2013. Retrieved October 30, 2013. 
  25. ^ . JYP Nation Official Weibo. May 22, 2014 http://www.weibo.com/2005252921/B5Ay4l0UL?ref=home. Retrieved May 22, 2014.  Missing or empty |title= (help)
  26. ^ "Actor Yoon Park joins JYP Entertainment". 6Theory Media, LLC. July 16, 2013. Retrieved March 14, 2014. 
  27. ^ a b c d "WBW: The Ones that JYP Should Have Kept". 6Theory Media, LLC. January 9, 2013. Retrieved November 5, 2013. 
  28. ^ a b "BESTie discuss Duble Sidekick, staying fit, and being trainees with Jay Park at JYP". 6Theory Media, LLC. 2014-08-28. Retrieved 2014-10-01. 
  29. ^ "[News] Although eliminated in JYP audition, Goo Hara, IU, CL get a big succes: "Is Park Jin Young hurt?" ~ Latest K-pop News - K-pop News | Daily K Pop News". Dkpopnews.net. 2011-01-13. Retrieved 2013-10-29. 
  30. ^ "☆이데일리-세상을 올바르게,세상을 따뜻하게☆". Starin.edaily.co.kr. 2010-07-27. Retrieved 2013-10-29. 
  31. ^ "Former JYP singer Hanna found to have committed suicide in January". 2014-10-01. Retrieved 2014-10-03. 
  32. ^ "원더걸스 새멤버로 확정된 JYP 연습생 박선영~~". August 8, 2007. Retrieved December 23, 2013. 
  33. ^ a b "효린 "JYP오디션 1등, 송지은과 3인조 걸그룹 데뷔할뻔" : 네이트 뉴스 publisher=SK Communications" [Hyorin 1st in the JYP auditions, almost debuted in a 3-people girl group with Song Ji-Eun] (in Korean). April 3, 2013. Retrieved November 4, 2013. 
  34. ^ "Ex-JYP trainee Kimberley Chen opts for non K-Pop route. Why? - xinmsn Entertainment". Entertainment.xin.msn.com. 2012-09-18. Retrieved 2013-10-29. 
  35. ^ "JYP Nation reveals concert poster for "Team Play"!". 6Theory Media, LLC. December 6, 2010. Retrieved October 30, 2013. 

External links[edit]