South Korean entertainment agencies have played an important role in the global success of K-pop music. Many of these companies have undergone significant transformations over the years, including name changes, rebranding efforts, and mergers with other agencies. Let’s take a closer look at some of the most prominent entertainment companies in South Korea.
HYBE CORPORATION
HYBE Corporation, formerly known as Big Hit Entertainment which was founded in 2005, rose to prominence thanks to its partnership with global superstars BTS. In March 2021, the company rebranded as HYBE Corporation to reflect its broader focus on entertainment and lifestyle platforms.
JYP ENTERTAINMENT
JYP Entertainment has also undergone significant changes over the years, but its commitment to producing high-quality music remains unchanged. Originally founded as Taehong Planning Ltd. in 1997, the company was renamed JYP Entertainment in 2001 after founder Park Jin-young. Popular K-pop acts like Twice, Stray Kids, 2PM, etc. are under this agency.
ABYSS COMPANY
ABYSS Company, originally known as Blue Entertainment, was established in 2019. The company underwent a rebranding and changed its name to ABYSS Company on January 13, 2021. In February of the same year, they announced their successful acquisition and merger with MAKEUS Entertainment. ABYSS Company is quickly rising as a major player in the K-pop industry.
DREAMCATCHER COMPANY
Dreamcatcher Company is named after their girl group, Dreamcatcher. Previously known as Pungnyeon Entertainment, the company rebranded itself as Happyface Entertainment in January 2009. Then, in February 2019, the agency underwent a legal name change and officially registered as Dreamcatcher Company to reflect its strong focus on developing the careers of its artists.
CUBE ENTERTAINMENT
Cube Entertainment is a South Korean entertainment agency that was established in 2006 by Hong Seung Sung and Shin Jung Hwa under the name Playcube INC. Later in 2011, it rebranded itself as Cube Entertainment. Popular K-pop groups such as BTOB, PENTAGON, (G)I-DLE, etc. are under this company.
IST ENTERTAINMENT
IST Entertainment is a subsidiary of Kakao Entertainment. It was initially established in 2011 as A Cube Entertainment, a subsidiary of Cube Entertainment. In 2016, the company was renamed Plan A Entertainment before being rechristened Play M Entertainment in 2019. In 2021, the agency rebranded once again as IST Entertainment.
KAKAO ENTERTAINMENT
Established in 2010, Kakao Entertainment was originally known as Podotree. In January 2021, the merger of Kakao M and Kakao Page led to the formation of Kakao Entertainment. The company boasts several renowned subsidiaries, including IST, Starship, and EDAM Entertainment, to name a few.
DSP MEDIA
Finally, DSP Media, a subsidiary label of RBW, has a long and storied history in the entertainment industry. It was established as Daesung Planning in 1991. Over the years, it has undergone various name changes, including being rebranded as DSP Entertainment in 1999. In 2006, it merged with Hoshin Textile Co., Ltd. and was renamed DSP Enti. Finally, in 2008, it adopted its current name, DSP media.
South Korean entertainment agencies have been instrumental in the rise of K-pop music and continue to produce high-quality entertainment content for audiences around the world. Through ongoing rebranding efforts, mergers with other agencies, and a commitment to nurturing creative talent, these companies are poised to continue making a significant impact on the global entertainment industry.
