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JYP Entertainment

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JYP Entertainment
Company typePrivate
IndustryPopular music
GenreK-pop, hip-hop, ballad, dance, teen pop
PredecessorTae-Hong
FoundedNovember 1997
FounderPark Jin-young
Headquarters,
Number of locations
3
Area served
Worldwide
Key people
Jeong Wook (CEO)
ServicesMusic albums
OwnerPark Jin-young
SubsidiariesBig Hit Entertainment
AQ Entertainment
J. Tune Entertainment
WebsiteOfficial Website

JYP Entertainment is a Korean music record label, founded in South Korea in 1997 by Park Jin-young.

History

Park Jin-young founded the company in 1997 as "Tae-Hong Planning Corporation", which eventually became "JYP Entertainment" in 2001.

The studio and headquarters of its US branch, JYP USA, officially opened in New York City in June 2007.[1] In October 2008, JYP Entertainment further expanded by opening the JYP Beijing Center as their China branch. The same year, CAA (Creative Artists Agency) included JYP Entertainment in its roster of high profile clientele.[citation needed]

The company is considered one of the biggest management companies in South Korea, along with S.M. Entertainment and YG Entertainment.[2] In an interview, Park stated that the success of his artists is due to him creating a "brand" for the artist.[3] It has been reported that the group is worth in excess of $100 million.[3]

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, as the opening act performing their two songs "Nobody" and "Tell Me".[4]

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.[5]

In December 2010, Park Jin-Young announced that J. Tune Entertainment would be merged with JYP Entertainment.[6]

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.[7]

Locations

JYP Nation

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

Albums

Albums Release Dates
This Christmas December 1, 2010

Concerts

  • 2010 JYP Nation Team Play Concert
  • 2011 JYP Nation in Japan

Current Artists

JYP Entertainment Roster

Park Jin-young, a CEO and owner of JYP Entertainment, in 2009.

Big Hit Entertainment Roster

AQ Entertainment Roster

J. Tune Entertainment Roster

Rain, founder of J. Tune Entertainment, in 2011.

Former Artists

Former notable trainees

References

  1. ^ "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..
  2. ^ Oh, Jean. Indie music makes a comeback. The Korea Herald. May 30, 2009. Retrieved June 10, 2009.
  3. ^ a b Yang, Jeff. Future pop. Condé Nast Portfolio. March 27, 2008. Retrieved June 11, 2009.
  4. ^ Template:Ko icon Kim, Hyeong-wu. 원더걸스 미국 데뷔 성공 가능성 얼마나 될까 (What are the Wonder Girls' Chances of Succeding in American Debut?). Joins.com/Newsen. June 5, 2009. Retrieved June 5, 2009.
  5. ^ http://news.mk.co.kr/newsRead.php?sc=30000019&cm=%EC%A6%9D%EA%B6%8C%20%EC%A3%BC%EC%9A%94%EA%B8%B0%EC%82%AC&year=2010&no=138710&selFlag=&relatedcode=&wonNo=&sID=502
  6. ^ J. Tune Entertainment merges with JYP Entertainment access date: 2011-01-03
  7. ^ Template:Ko iconLee, 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.

External links