Genie Music (), a subsidiary of

KT Corporation KT Corporation (Hangul: 주식회사 케이티), formerly Korea Telecom, is a South Korean telecommunications company. KT is the second-largest wireless carrier in South Korea, with 16.493 million subscribers as of Q4 2017. The formerly fully ...

, 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 of June 2018.

History

The company's history can be traced from the music contents division of Blue Cord Technology, established in 1991. The same division then owned ''Muz'' (now ''Olleh Music''), one of the major music portals in the country. The division was also strengthened by the acquisition of Doremi Media (one of South Korea's well-known music publishers) in 2000. In 2007, Blue Cord was acquired by KT Freetel, and upon merging with the former, made the music division a separate company named ''KTF Music''. In 2009, the company was renamed as ''KT Music'' due to the merger of KTF and its parent

. It acquired

KMP Holdings KMP Holdings (acronym for "Korean Music Power") (Hangul: KMP홀딩스) was a South Korean music distribution company. It was headquartered in Gangnam-gu, Seoul and was opened on March 18, 2010. History In March 2010, KMP Holdings was establish ...

in 2012. Following the investment of

LG Uplus , native_name_lang = ko , romanized_name = , former type = , type = Public , traded_as = , industry = Telecommunications , genre = , fate = , predecessor = LG Telecom , successor = , foundation = , founder = , defunct = , lo ...

, the company changed its name to Genie Music in March 2017.LG Uplus invests in KT Music... "Strengthening the competitiveness of music platform"
(Shin Min-kwan,

The Chosun Ilbo ''The Chosun Ilbo'' (, ) is a daily newspaper in South Korea and the oldest daily newspaper in the country. With a daily circulation of more than 1,800,000, the ''Chosun Ilbo'' has been audited annually since the Audit Bureau of Circulations w ...

, 2017-3-15) In October 2018, Genie Music and

CJ ENM CJ ENM (, CJ Entertainment aNd Merchandising) is a South Korean entertainment and retail company founded in 2018. CJ ENM was established as a result of the merger of two CJ Group subsidiaries, CJ E&M and CJ O Shopping respectively, in July 20 ...

CJ Digital Music CJ or similar may refer to: Businesses * BA CityFlyer (IATA airline designator) *China Northern Airlines (IATA airline designator) *CJ Group (also known as Cheil Jedang), a South Korean conglomerate *CJ CheilJedang, South Korean food and beverage ...

merged, with Genie Music being the surviving entity and CJ ENM being the former's second largest shareholder with 15.35%.

Assets

''Genie''
(online music service)
''Shop&Genie''
(music service for stores and other businesses)

Distribution Network

Present

Domestic

* A Team Entertainment (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 ...

) *

Blockberry Creative Blockberry Creative (Hangul: 블록베리크리에이티브) is a South Korean record label formed in 2016. It is a subsidiary of Polaris Entertainment. The label is home to the girl group Loona and soloist Sunye. History Blockberry Creative ...

C9 Entertainment C9 Entertainment () is a South Korean entertainment agency founded in 2012 by Kim Dae-soon. The company operates as a record label, talent agency, music production company and event management. The company was a subsidiary of Claire's Korea, par ...

* High Up Entertainment * KQ Entertainment * MLD Entertainment (with

NHN Entertainment Corporation NHN Corp. () is a Korean IT company that started its business as a game company called Hangame in 1999. Currently its main businesses can be categorized as Cloud, Fin-Tech (cross-border e-commerce, payment), Entertainment (game, webtoon, musi ...

) * MODHAUS * Vine Entertainment *

Star Empire Entertainment Star Empire Entertainment (Korean:스타제국 ''Seuta Jeguk'') is a South Korean private-held entertainment company founded in 2000 by Shin Ju-hak. It is formerly home to artists like Jewelry, Nine Muses, ZE:A, V.O.S, Imfact, and Ariaz. His ...

Signal Entertainment Group Signal Entertainment Group Corp. (), founded in 1991, is a South Korean company specializing in the following businesses: show business, media and entertainment content, cosmetics and information technology. History Founded in 1991 as Sign ...

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 ...

(digital format only; 2018–present) **

Wake One Entertainment Wake One (), is a South Korean entertainment company under CJ ENM. The label is home to Davichi, Roy Kim, Ha Hyun-sang, Jo Yu-ri, TO1 and Kep1er (co-managed with Swing Entertainment). History The company was founded in 2014 by Son Dong-hoon ...

Hi-Lite Records Hi-Lite Records was a South Korean independent record label founded in 2010 by rapper Paloalto. Partnership with CJ E&M It was announced in October 2015 that the entertainment company CJ E&M would be acquiring the label. Representatives stat ...

AOMG AOMG is a South Korean hip-hop and R&B record label found in 2013 by singer, rapper, and songwriter Jay Park. The label currently houses 20 musicians and UFC fighter Chan Sung Jung (The Korean Zombie). History Above Ordinary Music Group (AOMG) ...

(with

) **

Amoeba Culture Amoeba Culture () is a South Korean independent record label established in 2006 by Dynamic Duo and Go Kyung-min. The label is home to prominent artists such as Dynamic Duo, Rhythm Power, and Ha:tfelt. The label had the third largest sales amo ...

SWING Entertainment Swing Entertainment (Korean: 스윙 엔터테인먼트) is a South Korean privately held entertainment company founded in June 2018. The company is home to K-pop artists Kim Jae-hwan, A.C.E (co-managed with Beat Interactive), and Kep1er (co-man ...

** Off The Record Entertainment ** LM Entertainment *

Happy Face Entertainment Dreamcatcher Company is a South Korean entertainment company established in 2008. History 2008–2010: Establishment, name change and mainstream breakthrough The label was established on August 15, 2008, as Harvest Entertainment (풍년 엔� ...

(with

) ** HF Music Company ** Dreamcatcher Company ** D1CE Company *Music Factory Entertainment ** MTN ENTERTAINMENT (with

)

Foreign

(digital format only; 2018–present) ** King Records 'You be Cool' division (

AKB48 AKB48 (pronounced ''A.K.B. Forty-Eight'') is a Japanese idol girl group named after the Akihabara (''Akiba'' for short) area in Tokyo, where the group's theater is located. AKB48's producer, Yasushi Akimoto, wanted to form a girl group with it ...

) *ShowBT Entertainment Philippines Corp (2020–present) **

SB19 SB19 is a Filipino boy band that debuted in 2018, the pentad—consisting of members Pablo, Stell, Ken, Justin, and Josh. They were trained for 4 years by ShowBT Philippines, beginning in 2016. They are the first Filipino and Southeast Asia ...

Former

Domestic

* Astory Entertainment (2017–2019, now with NHN Bugs) * J. Tune Camp (defunct) *

Jellyfish Entertainment Jellyfish Entertainment (), is a South Korean entertainment company established by composer and producer Hwang Se-jun in Seoul, South Korea. Jellyfish Entertainment is the home of artists including Jang Hye-jin, VIXX, Verivery and formerly gug ...

(2017–2022, now with

) *

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 ...

(until 2018, now with Dreamus Company) * Lion Media *

MBK Entertainment MBK Entertainment (), was a South Korean entertainment company established by Kim Kwang-soo. The company was originally founded in 1999 as GM Planning. The company was absorbed by Mnet Media in 2006, following Kim Kwang-soo joint with CJ Group a ...

(2013–2014; now with

) *

NH Media NH Media (also known as NHemg) (, NH stands for Nam Hee) is a South Korean entertainment agency founded in 1998 by Kim Nam-hee. In May 2016, Signal Entertainment Group acquired 50% of the company. Former artists * UN (2000–2005) * Paran (2 ...

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 ...

(until 2018, now with Dreamus Company) *

Source Music Diegetic music or source music is music in a drama (e.g., film or video game) that is part of the fictional setting and so, presumably, is heard by the characters. The term refers to diegesis, a style of storytelling. The opposite of source m ...

(2010–2016; now with

and later on

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 ...

) *

Stardom Entertainment Stardom Entertainment ( Korean: ) (formerly known as Brand New Stardom Entertainment) was a music record label based in South Korea. Founded by South Korean entertainer Cho PD during mid-2009, the company was renamed Stardom Entertainment when it ...

(defunct) * Starkim Entertainment * WM Entertainment (2017–2021, now with

Sony Music Sony Music Entertainment (SME), also known as simply Sony Music, is an American multinational music company. Being owned by the parent conglomerate Sony Group Corporation, it is part of the Sony Music Group, which is owned by Sony Entertainment ...

) *

YG Entertainment YG Entertainment Inc. () is a South Korean multinational entertainment agency established in 1996 by Yang Hyun-suk. The company operates as a record label, talent agency, music production company, event management and concert production compa ...

(until 2019, all releases now distributed by subsidiary

) *

YMC Entertainment YMC Entertainment () was a South Korean entertainment company established in 2010 by Cho Yoo-myung, the eldest son of Trot (music), trot singer Tae Jin-ah. The company has been home to artists such as Shin Bo-ra, Kassy and Soulights, as well as ...

Foreign

Avex Group 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 ...

(until 2018, now with Dreamus Company) *

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 ...

(until 2018, now with Dreamus Company)

References

External links

* {{Authority control Companies listed on KOSDAQ Record label distributors South Korean record labels Record labels established in 1991 1991 establishments in South Korea