JYP Entertainment

JYP Entertainment, Audition 2022, Official Website, Park Jin Young, Groups Under JYP, History, Formation and first-generation K-pop artists

JYP Entertainment Corporation is a South Korean multinational entertainment and record label conglomerate founded in 1997 by J. Y. Park. And It is one of the largest entertainment companies in South Korea and operates as a record label, talent agency, music production company, event management company, concert production company, and music publishing house. In addition, the company operates various subsidiaries and divisions around the world. Notable artists under the agency include groups 2 PM, Day6, Twice, Boy Story, Stray Kids, Eazy, NiziU, Ordinary Heroes, and Nmixx.

JYP Entertainment History

1997–1999: Formation and first-generation K-pop artists

Park Jin-young, founder of JYP Entertainment was founded in 1997 by South Korean singer-songwriter Park Jin-young (under his stage name, J. Y. Park) as Tae-Hong Planning Corporation, eventually becoming JYP Entertainment in 2001. In 1997, the company signed its first artist. and female soloist, Pearl. In 1999, the entertainment company SidusHQ introduced future members of the boy band Groove Over Dose (God) to Park as their producer and mentor. And In association with SidusHQ, JYP oversaw the formation of Ishwar, who would make his first appearance on January 13, 1999. While the group itself manage by SidusHQ, their debut album, Chapter 1

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JYP Entertainment: 2000–2009: Early success and second-generation K-pop artists

In December 2000, JYP signed Ren as a trainee, making his debut two years later in May 2002. Rain would then become a commercial success throughout Asia and beyond, [12] which saw her third studio album, It’s Raining, sell over 1 million copies in seven Asian countries including Korea. On December 27, 2002, the company’s first boy group was the four-member vocal-oriented group Noel, but they failed to attract popularity. Therefore vJYP turned its attention to Two Brothers One Two in 2003. In 2004, boy band g.o.d. After Ka’s group contract with SidusHQ expired, he signed a contract with JYP. [14]
g.o.d has won four Grand Prizes for Best K-Pop Group Artist. Other notable artists who debuted under JYP from 2000 to 2005 include Park Ji-Eun, Byul, Lim Jeong-hee, Ryanga Ranga, and Ivy. Wonder Girls in 2008. They became the first Korean group to enter the Billboard Hot 100. In May 2006, JYP formed their first girl group, Wonder Girls, which became commercially successful and was the first South Korean group to enter the Billboard Hot 100 in 2009, when their song “Nobody” debuted at number 76. had begun. Their success led to a management deal with the Jonas Group, which allowed the Wonder Girls to headline the Jonas Brothers World Tour in select cities.

2010–2017: Joint venture and third-generation K-pop artist

In March 2010, JYP formed a joint venture with SM Entertainment, YG Entertainment, Star Empire, Media Line, CAN Entertainment, and Music Factory Entertainment to establish KMP Holdings as the official distributor of releases from these companies. On December 28, 2010, it was announced that JYP became the largest shareholder of J. Tune Entertainment. Subsidiary AQ Entertainment later formed and debuted the Chinese-Korean girl group, Miss A.
In November 2011, the US-based subsidiary JYP Creative establish and report that Park had invested approximately US$1.2 million in the branch. However, after one year of operation, the company reportedly saw a net loss of approximately 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. So The same year, Park Jimin, the winner of the competitive TV series K-pop Star, and Baek Yerin, a female trainee and contestant from the show Star King, debuted as the duo 15&.

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