South Korea’s JYP Leisure Imperial, and Republic Information are increasing their international strategic alliance to incorporate what they name an enhanced label partnership.
The labels will now collaborate globally throughout your complete JYP roster on worldwide distribution of artists and catalogs, A&R, advertising, and enterprise improvement.
The businesses initially entered right into a strategic alliance in February 2020.
Beneath the partnership, Republic first labored with multi-platinum promoting Ok-pop famous person lady group, TWICE.
The businesses expanded their partnership for the primary time in February final yr.
The businesses word that their alliance “has already confirmed to be extremely successfull with quite a few JYP artists”, together with TWICE, Stray Children, and ITZY.
JYP Leisure, Imperial, and Republic Information now goal to “collectively make the most of their experience and assets to strengthen and additional promote” JYP artists worldwide.
This collaboration will now embody what they name “in depth partnerships” with rising JYP acts, NMIXX, Xdinary Heroes, and extra.
JYP Leisure, Imperial, and Republic Information level to plenty of milestones as a part of their partnership.
In 2022, for instance, Stray Children’ mini albums ODDINARY and MAXIDENT debuted consecutively at No.1 on the Billboard 200 Chart, and the group has amassed over 4 billion international Spotify streams up to now.
This yr, TWICE has sustained their document for probably the most High 10 debuts on the Billboard 200 Chart for any Ok-Pop feminine act, now totaling 4.
Amidst their present world tour, TWICE has set the document to grow to be the primary feminine Ok-Pop act to promote out each SoFi Stadium and MetLife Stadium.
“The growth of this partnership between these main music corporations will sculpt the subsequent imaginative and prescient of Ok-Pop, opening up a brand new chapter collectively.”
Jimmy Jeong, JYP Leisure
JYP Leisure CEO Jimmy Jeong, mentioned: “It has been a steady journey of astonishing achievements by means of the strengthening of mutual belief as loyal companions.
“The growth of this partnership between these main music corporations will sculpt the subsequent imaginative and prescient of Ok-Pop, opening up a brand new chapter collectively.”
“We acknowledge the unbelievable alternative to be on the forefront of the subsequent Ok-Pop explosion. The potential is limitless.”
Monte Lipman, Republic Information
Republic Information Founder and Chief Government Officer Monte Lipman added: “This partnership was born out of mutual respect and admiration. We acknowledge the unbelievable alternative to be on the forefront of the subsequent Ok-Pop explosion. The potential is limitless.”
JYP was based by artist and producer JY Park (aka Park Jin-young) in 2008.
Growing a platform for superstars, the corporate launched the world to the likes of Rain, Marvel Ladies, 2PM, 2AM, miss A, GOT7, DAY6, TWICE, Stray Children, and ITZY.
Moreover, it includes oversees subsidiaries, together with JYP Japan, JYP China, and JYP Thailand.Music Enterprise Worldwide
