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The Info List - Genie Music



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(i) (i)

GENIE MUSIC (stylized as GENIE MUSIC, Hangul : 지니뮤직), a subsidiary of KT Corporation
KT Corporation
, is a South Korean company that specializes in the production and distribution of music content.

CONTENTS

* 1 History * 2 Assets

* 3 Distribution Network

* 3.1 Present * 3.2 Former

* 4 References * 5 External links

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 KT Corporation
KT Corporation
.

It acquired KMP Holdings in 2012.

Following the investment of LG Uplus , the company changed its name to Genie Music
Genie Music
on March 2017.

ASSETS

* Genie (online music service) * Shop&Genie (online shopping portal)

DISTRIBUTION NETWORK

PRESENT

* S.M. Entertainment * YG Entertainment * JYP Entertainment * Star Empire Entertainment * Baljunso (2014–present) * The Music Works (2016–present)

FORMER

* Happy Face Entertainment (moved to CJ E&M
CJ E&M
, LOEN Entertainment and Universal Music ) * J. Tune Camp (defunct) * Lion Media * MBK Entertainment (2013–2014) (moved to LOEN Entertainment and Interpark ) * NH Media (moved to Sony Music Korea , LOEN Entertainment , Neowiz Internet and later TSN Company) * Stardom Entertainment
Stardom Entertainment
(defunct) * Starkim Entertainment * Woollim Entertainment (2013–2016) (moved to CJ E">

* ^ Genie Music
Genie Music
appoints Kim Hoon-bae as new CEO (Park Soo-hyeong, ZDNet Korea, 2017-6-23) * ^ A B LG Uplus invests in KT Music... "Strengthening the competitiveness of music platform" (Shin Min-kwan, The Chosun Ilbo , 2017-3-15) * ^ Seven companies - including SM, YG, JYP - become KT Music stakeholders (Cho Seung-hoon, Gaon Music Chart , 2014-1-24) * ^ KT Music CB conversion completed: SM, YG, JYP are major shareholders (Park Won-ik, The Chosun Ilbo , 2014-1-23) * ^ KT Music History * ^ Blue Cord Technology History * ^ Doremi Media History * ^ KTF acquires Blue Cord (Nam Seung-bong, Ulsan Daily Newspaper, 2007-11-14) * ^ Blue Cord changes name to KTF Music (Lee Soo-eun, NextDaily, 2008-3-28) * ^ Blue Cord renames as KTF Music (Dorothy H.W. Sim, DigitalTimes, 2008-3-28) * ^ KT acquires KMP Holdings "for music competitiveness" (Jung Yoon-hee, ZDNet Korea, 2012-11-2) * ^ Effects of KT Music\'s acquisition of KMP Holdings on the "Big Three" (Choi Jung-soo, The Asia Economy Daily, 2013-3-8) * ^ LG Uplus-strengthened KT Music becomes "Genie Music" (Kwang Yong-min, Seoul
Seoul
Economic Daily via Naver News, 2017-3-31)

EXTERNAL

.