Showing posts with label JYP Entertainment. Show all posts
Showing posts with label JYP Entertainment. Show all posts

Wednesday, May 12, 2010

JYP denies Wonder Girls mistreated in U.S.

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Image from jacket of Wonder Girls' new album due out next week [JYP Entertainment]

JYP Entertainment (JYPE), in charge of discovering and managing Korean pop sensation the Wonder Girls, has denied that the American branch of their agency ill-treated the girls who have been expanding their singing career into the United States.

The response came after local daily English newspaper The Korea Herald on Tuesday published an email interview with Daniel Gauss, the group's English tutor from October 2009 to May 2010, who claimed the girls were not covered by health insurance in U.S. and were being illegally housed in the JYPE office building in New York.

"The content of the report makes no sense. It's groundless," refuted JYPE CEO Jung Wook in a phone call with Asia Economic Daily later in the day. "They are malicious claims made by the English tutor who was fired over issues of his salary and are completely unfounded."

Jung went on to address Gauss' assertion that "one girl in extreme pain...... received no professional medical treatment" and "saw others with minor ailments go untreated" because they were not given health insurance.

"The Wonder Girls aren't new singers so they wouldn't have just stayed put if such problems actually existed. They've also been communicating freely [with their fans] through Twitter -- there is no reason they would have not been able to say anything if they were being mistreated," fired back Jung.

He also said he "will have to check" whether JYPE had to pay a fine of over 2,500 dollars in the U.S. for having the girls live in the office building which was illegally renovated for residential use, as argued by Gauss, but assured the five-member group had no problem living there.

"We were going to buy a place in New Jersey for the Wonder Girls but they said they wanted to live in Manhattan so we renovated the third and fourth story of the building into a house," explained Jung.

Gauss had also written that the group's leader Sun had to perform at a concert for mobile phone manufacturer Sony Ericsson, which the girls endorse in the Asia-Pacific region, despite her father suddenly falling into a coma.

Jung again flatly dismissed the allegation and vowed to "take legal action if necessary after finding out why this person made such unfounded remarks."

The accusations have fueled heated debate amongst fans of the quintet who are considered one of the most popular female idol groups in Korea and also a hit in several countries in Asia.

Their singing career in the U.S., which they had virtually launched from scratch, took off to a record-breaking start when they placed their U.S. debut single "Nobody" on No. 76 of the Billboard Hot 100 in October of last year, making them the first Korean artists to be placed on the chart in its 115-year history.

Most recently, they have been garnering increased attention and hype ahead of their international album "2 Different Tears" waiting to go on sale on May 16 (Korea time).

The release of the new record will mark the girls' full-fledged debut into the U.S. market, and will be accompanied by an album launching event to be hosted by U.S. blogger and TV personality Perez Hilton at the 1400-capacity Avalon in Los Angeles.

Reporter : Park Kun-ouc kun1112@
Editor : Jessica Kim jesskim@

Source: Asiae
Credits: http://theksource.blogspot.com/
(Please do not remove any credits when taking out news from theksource.)


Wednesday, April 14, 2010

KEYEAST, JYP, CJ Media team up for drama "Dream High"

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Hallyu star Bae Yong-joon and JYP CEO Park Jin-young [KEYEAST and JYP Entertainment]
 

Major entertainment companies KEYEAST, JYP Entertainment and CJ Media have come together to create a new TV series titled "Dream High," according to a press release by KEYEAST on Wednesday.

KEYEAST and JYP jointly established a drama production company under the name Holym which last week signed a memorandum of understanding (MOU) with major cable unit CJ Media in producing the series.

Hallyu star Bae Yong-joon, a major shareholder of KEYEAST, and famed producer Park Jin-young, also the founder and CEO of JYP, are set to take part in directing series as well as making guest appearances.

Bae is also expected to engage in the planning and producing of the show while Park is slated to arrange the music and choreography. CJ has been set to invest and participate in the drama as a co-producer.

Holym is currently searching for up and coming actors, singers and entertainers for the cast of the show which is aiming at broadcasting during the latter half of this year.

"Dream High" is about students attending a school of performing arts where the story will be relayed through song and dance.

KEYEAST engages itself in various facets of the entertainment industry including managing celebrities, exporting Korean cultural content and producing and investing in films.

JYP focuses on different aspects of the entertainment business including music production, new artist recruitment, training and management.

Reporter : Lucia Hong luciahong@asiae.co.kr
Editor : Jessica Kim jesskim@asiae.co.kr

Source: Asiae
Credits: http://theksource.blogspot.com/
(Please do not remove any credits when taking out news from theksource.)


Monday, April 12, 2010

How Did the "Big 3" In the K-Pop Industry Fare in 2009?

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In Korea, it's not just the name of the artist or group that matters, but also which entertainment company is the one backing them up. Aspiring artists can only dream of being signed onto one of the "Big 3" companies: SM Entertainment led by Lee Soo-man, YG Entertainment headed by Yang Hyeon-seok, and JYP Entertainment fronted by Park Jin-young. SM Entertainment has churned out hit makers such as Girls Generation, TVXQ, Super Junior, Boa, etc. YG Entertainment has produced what's arguably the most popular male idol group in Korea, Big Bang, and the ever so popular group 2NE1. JYP Entertainment is responsible for having catapulted Rain to world stardom level, the Wondergirls, 2 PM, 2AM, etc. So how did these three companies do in 2009? On the 12th, reports of SM Entertainment and JYP Entertainment's financial statements from the Financial Supervisory Board had been released. This follows YG Entertainment's reports having surfaced earlier on the 9th.

In terms of total revenue, SM earned the most with about 61.8 billion won in comparison to 2008's 43.7 billion won. However, YG Entertainment had the biggest increase in sales compared to 2008, shooting up by 92% increase, from 18.5 billion won to 35.7 billion won in 2009. JYP Entertainment's records weren't too shabby either with 10.2 billion won this past year.

With the various costs taken out of the mix, operating profits for the three entertainment powerhouses stood at about 9.3 billion won for SM Entertainment, 7.4 billion won for YG Entertainment, and 230 million won for JYP Entertainment. Net profits tallied up to be 4.5 billion won for SM Entertainment and 4.2 billion won for YG Entertainment. JYP Entertainment saw a net loss of 4.7 billion won. Reports indicate that this is not necessarily because its fellow artists haven't been doing well, but because a majority of the funds had been invested into the Wondergirls' stab at breaking out in the US market. 

(Please do not remove any credits when taking out news from theksource.)


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