Mnet Media & JYP joins forces to take on Asian music market,

[aniloratka.livejournal.com]

Major talenthouse JYP Entertainment (JYPE) and music cable unit Mnet Media have come together to expand Korea's music business and talent into the Asian music market.

On Thursday, JYPE and Mnet Media announced that they have formed a partnership through which they will jointly work toward expanding the influence of Korean music content in Asia.

The two companies are expecting to create a synergy effect by combining Mnet's network in China, Thailand, Singapore and Malaysia, their understanding in the music industry as well as their technology, with JYPE's popular artists including Park Jin-young, the Wonder Girls, 2PM, 2AM and miss A.

They will collaborate in various ways including holding concerts starring JYPE's artists.

"Through this partnership with JYPE, we hope to become a role model in producing distinguished contents in the entertainment business. This is an opportunity for the Hallyu wave to expand into China, Thailand and other Asian countries," Antonio Park, CEO of Mnet Media Corp. was quoted as saying.

"The new business model will allow our artists to lead the Hallyu craze through their activities overseas," explained president of JYPE Jung Wook.

Mnet Media is a subsidiary of CJ Media and dedicated to broadcasting and producing music-related entertainment programs.

JYPE focuses its business on music production, new artist recruitment, training and management. They have discovered and trained popular K-pop artists including the Wonder Girls, 2PM, 2AM and miss A.

source: Asiae
@ W2D

Comments

and JYPE's empire keeps getting bigger

[jyului.livejournal.com]

and more chances for them to cockblock whoever is against JYPE.

Re: and JYPE's empire keeps getting bigger

[inudela.livejournal.com]

are you in 2od

[jyului.livejournal.com]

mte

[leafylee.livejournal.com]

Oh man I was going to comment "in b4 jyp pays them off" but I guess I'm too late.

[soheefan.livejournal.com]

haha u were so close

[soheefan.livejournal.com]

JYP is a MARKETING GENIUS. I'm pretty sure this is going to be a great idea

[maple88.livejournal.com]

..... kay?

[mingobus.livejournal.com]

I don't know how to feel about this, JYP seems to be teaming up with anyone and everyone, while everyone else is just competing the shit out of each other.

I want to see like YG team up with other people too :(

[ashiva.livejournal.com]

But YG has teamed up with Mnet and SBS (at least what comes to business inside Korea) and Universal Japan.

[lysblack.livejournal.com]

jyp is a smart man,

i hope this means more shows with jyp artists on it, i want the dorm life of 2am/pm and miss a!

also, for some reason at first i read to make an asian super market and i went "wtf food?" fail me.

[youngwoonie.livejournal.com]

i hope this means more shows with jyp artists on it, i want the dorm life of 2am/pm and miss a!

omg yes please

[peachmacaroons.livejournal.com]

JYPE WORLD DOMINATION IN FULL EFFECT.

but idek if I love it or hate it yet.

[poison-cheeks.livejournal.com]

mte :/

[ashiva.livejournal.com]

No wonder DJ Doc didn't win in last Mnet Countdown.

[jyului.livejournal.com]

ikr how the fuck did GNA win!

[tnl12345.livejournal.com]

JYP post = Wonder Girls gif party!!!!

[jyului.livejournal.com]

how about Miss A gif party, you know, the true HBICs in JYPE

[fuuism.livejournal.com]

[tnl12345.livejournal.com]

Imma keep reminding Omona about the HBIC Wonder Girls because
peoples here are starting to forget that!

[galleticas.livejournal.com]

Wonder Girls spam! I approve! :D

[porandojin.livejournal.com]

hmm, what about sudamerica?? it's like 1 billion people, it's weird they don't go this market

[floppa.livejournal.com]

Mnet Media and JYP need to join forces to make the Wonder Girls popular again. Bring them back form America/China/whatever and bring them to Korea so they can rekindle their fanbase and be big in Korea. Especially with 2pm flopping like there's no tomorrow, they need someone besides Miss A to bring in the cash.

[jyului.livejournal.com]

simple: debut Crossfire.

[porandojin.livejournal.com]

and isn't 2am basically unmarketable outside korea with their ballad formula?

[honeebs.livejournal.com]

4 acts

[belovedseason.livejournal.com]

Is it wrong that when I read "synergy" mentally I went "LIKE A BAWSS"?

[peachmacaroons.livejournal.com]

NO. And don't you ever think it is or I'll throw you on the ground.

[porandojin.livejournal.com]

and wouldn't it be more wise to scout local talents and shape them into kpop-like entertainers? or they want them to sing in korean abroad??

[inheritable.livejournal.com]

They are just announcing this partnership? It was obvious since 09.

[iiluminate.livejournal.com]

since 2008 too, though i think Mnet was also kissing YG ass at that time too (or the other way around)

[i-n-o-j.livejournal.com]

is this why Cube's artists all win on M.Net? D: 4minute, BEAST and G.NA all won there this year and nowhere else

[inheritable.livejournal.com]

Unfortunately it may be a reason. I can't wait until they get awards somewhere else because I like them :(

[iiluminate.livejournal.com]

Mnet used to be credible back in the day. wtf happened. and to think they started MKMF and all.

[tnl12345.livejournal.com]

Let's keep it coming y/y?

[i-n-o-j.livejournal.com]

let's spam the good lineup instead (with HyunA and Sunmi)

[corrakun.livejournal.com]

uuuuh fyi cj entertainment is the one that's getting bigger. simply put, this just means jype is acknowledging that they were bought out by them a long time ago and that they're now going to try to make the best of that situation-- iirc, cj entertainment bought out yge (which they struggled against for as long as possible) and tried to buy out sme (to no avail, which is why there's such bad blood between mnet and sme).

but yeah, it's not like this will greatly affect who wins at mnet awards and shows, because basically only indie labels, struggling labels, and sme are not owned by cj media these days.

oh and also cj media is owned by a japanese conglomerate.

[jyului.livejournal.com]

what about Sidus? is it owned by CJ? I guess no?

[tnl12345.livejournal.com]

Imma keep spamming until there's another interesting post to go to.

[galleticas.livejournal.com]

Hot~