Dreamus is an

electronics The field of electronics is a branch of physics and electrical engineering that deals with the emission, behaviour and effects of electrons using electronic devices. Electronics uses active devices to control electron flow by amplification ...

and

entertainment Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and delight. It can be an idea or a task, but is more likely to be one of the activities or events that have developed over thousa ...

company founded in 1999 originally as ReignCom. Currently headquartered in South Korea (and formerly in the United States), it is the parent company of South Korean-based iRiver,

Astell & Kern Astell & Kern is a South Korean consumer electronics company founded in October 2013, and is wholly owned by Dreamus. The company manufactures media players, CD players, headphones, and home cinema products. It was launched as a premium success ...

and FLO, as well as Yurion and Funcake Entertainment Services. Since 2014, it has been a subsidiary of

SK Telecom SK Telecom Co., Ltd. ( or ) is a South Korean wireless telecommunications operator and former film distributor and is part of the SK Group, one of the country's largest chaebols. It leads the local market with 50.5 percent share as of 2008. ...

when it was formerly known as iRiver.

History

Seven former

Samsung The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ...

executives created the company in 1999 and made its

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

on the

KOSDAQ KOSDAQ (acronym of Korean Securities Dealers Automated Quotations, Korean: 코스닥) is a trading board of Korea Exchange (KRX) in South Korea established in 1996. Initially set up by Korea Financial Investment Association as an independent st ...

, a Korean stock exchange, in 2003. Duk-Jun Yang, one of the founders, became the CEO of the company. ReignCom announced in May 2006 that it would adjust its focus toward handheld mobile gaming. It has reported sluggish sales for its music player business, including a loss of 35.58 billion (US$36.68 million) in 2005, compared with a net profit of 43.46 billion in 2004. In 2009, ReignCom was renamed as iRiver. In August 2014, SK Telecom acquired iRiver for 30 billion won.

Entry into music

In January 2015, music streaming platform Music Mate was launched. On July 17, 2017 SM Entertainment acquired a stake in iRiver and became the second largest shareholder. On January 31, 2018, it was announced that, parent company SK Telecom along with entertainment agencies

SM Entertainment SM Entertainment Co., Ltd. () is a South Korean multinational entertainment agency. It is one of South Korea's largest entertainment companies where it was established in 1995 by record executive and record producer Lee Soo-man. The company ha ...

JYP Entertainment JYP Entertainment Corporation () is a South Korean multinational entertainment and record label conglomerate founded in 1997 by J. Y. Park. It is one of the largest entertainment companies in South Korea, and operates as a record label, tale ...

, and

Hybe Corporation Hybe Co., Ltd. (, stylized as HYBE Corporation) is a South Korean multinational entertainment company established in 2005 by Bang Si-hyuk as Big Hit Entertainment Co., Ltd. The company operates as a record label, talent agency, music productio ...

(formerly known as Bighit Entertainment) would collaborate and launch a B2B music distribution and a

B2C Direct-to-consumer (DTC) or business-to-consumer (B2C) is the business model of selling products directly to customers and thereby bypassing any third-party retailers, wholesalers, or any other middlemen. Direct-to-consumer sales are usually tr ...

music service platform. As part of this agreement, beginning from February 1, iRiver would distribute JYP and Big Hit’s album and digital music contents. HYBE would later go on to strike a distribution deal with

YG Plus YG Plus Inc. (previously named Phoenix Holdings Inc.) is a publicly traded media and advertising company acquired by YG Entertainment in November 2014. In 2019, the company entered the music distribution industry and also engages in production, d ...

in January 27, 2021 hence no longer partnering with Dreamus. On December 11, 2018 it was announced that the company will update and rename the existing music streaming service 'Music Mate' to the new music platform 'FLO'. On March 28, 2019, iRiver announced that they would renamed to Dreamus Company. On November 18, 2021 Dreamus partnered with entertainment agency RBW and FLO and signed an exclusive performarce partnership contract, with this Dreamus owns a 2.04% stake in RBW. On November 29, 2021 SK Telecom who were originally Dreamus' parent company spun off SK Square and re-organized their structure, so that they became a SK Square subsidiary.

Distributed labels

Current

;South Korea As of March 2022: *

Label SJ Label SJ is an exclusive label established by South Korean record label SM Entertainment for boy band Super Junior on November 6, 2015. History On 6 November 2015, Super Junior's 10th anniversary since their debut, SM Entertainment announced tha ...

** Million Market **

Mystic Story Mystic Story (formerly Mystic Entertainment, , abbreviated as MSTSTR) is a South Korean entertainment company established by South Korean singer-songwriter Yoon Jong-shin. It has four subsidiaries, including Mystic Actors (formerly Family Actors ...

(select releases only; co-distributed with

Kakao Entertainment Kakao Entertainment Corp. (), stylized as kakao ENTERTAINMENT, is a South Korean entertainment, mass media, and publishing company founded in 2021. A subsidiary of the internet company Kakao, it was established subsequent to the merger of the la ...

) **

Woollim Entertainment Woollim Entertainment () is a South Korean entertainment company founded in 2003 by Lee Jung-yeop. The label is home to artists such as Golden Child, Rocket Punch, Drippin, and Kwon Eun-bi. It has previously handled artists Epik High, Infini ...

(select releases only; co-distributed with

) *

Studio J Studio J is an in-house label created by Park Jin-young in January 2015. Park described Studio J as a label which will launch JYPE into a new direction in music. The sub-label will create music which rather than appealing to the mainstream will ins ...

** SQU4D * P Nation (co-distributed with

Genie Music Genie Music (), a subsidiary of KT Corporation, is a South Korean company that specializes in the production and distribution of music content. Its music streaming service is the second most used in South Korea with 2.5 million subscribers as ...

and

Stone Music Entertainment Stone Music Entertainment (Hangul: 스톤 뮤직 엔터테인먼트), is a South Korean music distribution company under CJ ENM, along with music streaming store Genie Music. It was one of the largest co-publisher companies in South Korea. The ...

) * NUPLAY *

Blue Vinyl ''Blue Vinyl'' is a 2002 documentary film directed by Daniel B. Gold and Judith Helfand. With a lighthearted tone, the film follows one woman's quest for an environmentally sound cladding for her parents' house in Merrick, Long Island, New York. ...

* IOK Music ** 131 Label * Moss Music ;International *

Avex Inc. is a Japanese entertainment conglomerate led by founder Max Matsuura and headquartered in Tokyo, Japan. Founded in 1988, the company manages J-pop talents like Ayumi Hamasaki and internet sensation PikoTaro. It has also shifted into other busi ...

Johnny & Associates is a Japanese talent agency, formed by Johnny Kitagawa in 1962, which trains and promotes groups of male entertainers known as . History 1962–1989 In 1962, Kitagawa launched his first group, Johnnys. In its early days, Kitagawa's agency re ...

J Storm is a Japanese music and film company owned by Johnny & Associates. It was established on November 12, 2001, initially as a label for the Johnny's group, Arashi, after which it was named. Aside from producing and releasing CDs and DVDs, the co ...

** Label V

Former

(moved to

) **

Big Hit Music Big Hit Music (; formerly Big Hit Entertainment) is a South Korean music label established in 2005 by Bang Si-hyuk. It was re-branded and re-structured into an independent label under Hybe Corporation (formerly Big Hit Entertainment Co., Ltd. ...

** Pledis Entertainment

Notes

References

External links

* * {{Authority control Electronics companies of South Korea Entertainment companies of South Korea South Korean record labels SK Group subsidiaries