KY Entertainment (,

Hanja Hanja (Hangul: ; Hanja: , ), alternatively known as Hancha, are Chinese characters () used in the writing of Korean. Hanja was used as early as the Gojoseon period, the first ever Korean kingdom. (, ) refers to Sino-Korean vocabulary, wh ...

: 金永, Originally Kumyoung) is a Korean company based in

Seoul Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 ...

, South Korea. Its main areas of business are manufacturing of computer music player and audio system, digital music content.

History

Kumyoung was first established as Namkyoung Industry, a manufacturer of

video game Video games, also known as computer games, are electronic games that involves interaction with a user interface or input device such as a joystick, controller, keyboard, or motion sensing device to generate visual feedback. This fee ...

arcade machine in

Busan, South Korea Busan (), officially known as is South Korea's most populous city after Seoul, with a population of over 3.4 million inhabitants. Formerly romanized as Pusan, it is the economic, cultural and educational center of southeastern South Korea, w ...

in August 1983. The firm's name was changed to Kumyoung Industry in 1986 and later to Kumyoung Co. Ltd. in 1989 with the inauguration of Kim Sung Young as its CEO. The company focused on the production of

karaoke Karaoke (; ; , clipped compound of Japanese ''kara'' "empty" and ''ōkesutora'' "orchestra") is a type of interactive entertainment usually offered in clubs and bars, where people sing along to recorded music using a microphone. The music is ...

system and has dominated the Korean Noraebang (노래방) industry and the export markets since the early 90s. In 1996, Kumyoung introduced and patented the world's first HDD-based

computer music Computer music is the application of computing technology in music composition, to help human composers create new music or to have computers independently create music, such as with algorithmic composition programs. It includes the theory and ap ...

player Player may refer to: Role or adjective * Player (game), a participant in a game or sport ** Gamer, a player in video and tabletop games ** Athlete, a player in sports ** Player character, a character in a video game or role playing game who is ...

with real human voice chorus recording by a TV station. The company headquarters was moved to

in 2002. It ventured into digital music production in 2003 with the establishment of its affiliate, Square-One Music and mobile phone content services in partnership with some Korean telecom companies. Kumyoung has diversified its core business by offering on-line internet noraebang and Video-on-demand services. Kumyoung group changed its name to KY Entertainment in 2018.

Milestones

*1989 Establishment and registration of Keum Young Entertainment Co., Ltd *1991 Released music accompaniment computer software *1994 Established Beijing Office (Concluded Thailand sales agent contract) *1995 Established US Branch Office in 1995 (Consecutive No.1 in Korean market for home karaoke systems) *1996 Launched the first karaoke system in the world and maintained No.1 ranking in Korea ever since *1999 Designated as a company with excellent technological competitiveness (acquired CE mark) *2003 Established joint venture in China and concluded export contract for HDD & DVD music accompaniment products with Vietnamese company *2005 Launched the first cable TV interactive music service technology in the world (currently in operation with CJ, LG Korean cable broadcasting service) *2007 Established Japan Branch Office; started exports to Japan: Concluded export contract with Japan BMB (started exporting track finders) *2008 Owned 22 domestic trademarks and 30 domestic patents for karaoke *2009 Designated as one of the top 10 million dollar exporters *2010 Released KMS-A100/a50, feel TONG 600 *2011 Released KMS-A300 *2012 Released KMS-K95 series *2013 Adopted new song update method using smartphones *2014 Released KMS-Q100, Q200 series *2015 Released KMS-Q300N *2016 Acquired Keum Young Group karaoke business *2017 Launched sales and management device for coin-operated karaoke *2018 Changed corporate name to KY Entertainment *2019 Launched the first AI karaoke service in Korea, KT GiGA Genie Premium Keum Young Karaoke Service

Products

* Computer Music Player *

Speaker Speaker may refer to: Society and politics * Speaker (politics), the presiding officer in a legislative assembly * Public speaker, one who gives a speech or lecture * A person producing speech: the producer of a given utterance, especially: ** In ...

and

Amplifiers An amplifier, electronic amplifier or (informally) amp is an electronic device that can increase the magnitude of a signal (a time-varying voltage or current). It may increase the power significantly, or its main effect may be to boost the v ...

* LED Screen

Affiliates

* Kumyoung Media

References

{{Reflist

External links

Kumyoung Media Inc.

Official website (Korean)
Audio equipment manufacturers of South Korea Companies based in Seoul Companies established in 1983 South Korean brands