Stone Music Entertainment(Hangul:스톤 뮤직 엔터테인먼트), is a South Korean music distribution company underCJ ENM,as part of a partnership with the music streaming storeGenie Musicsince 2021.[2]It was one of the largest co-publisher companies in South Korea.
 | |
Native name | 스톤 뮤직 엔터테인먼트 |
|---|---|
| Formerly | Mediopia Mnet Media CJ E&M Music |
| Company type | Subsidiary |
| Industry | |
| Predecessor |
|
| Founded |
|
| Defunct | April 20, 2021 (music production and management)[1] |
| Successor | Wake One |
| Headquarters | , |
Key people | Jung Hyung-jin (CEO) |
| Services |
|
| Owner | CJ ENM |
| Parent | CJ ENM |
| Website | http://stonemusicent.net(archived Fri, 09 Feb 2018 06:30:54 +0000) |
The company was also formerly a music production and management company, which managed artists such asSG Wannabe,Davichi,Roy Kim,Son Ho-young,Eric Nam,Fromis 9,HEDY, andTO1,before the business closed in April 2021.
Under its previous nameCJ E&M Music,it was namedMusic Distributor of the Yearat theGaon Chart K-Pop Awardsin 2014.[3]
History
editThe company was originally established asMediopiain May 1993 and later renamed toMediopia Technology Co., Ltdin June 1994, as a manufacturer and distributor of electronic devices.
In January 2002, the company was listed onKOSDAQ.
In August 2004, Maekyung Hudson was incorporated as a subsidiary.
In July 2006, their largest shareholder changed from Poibos Co., Ltd. to CJ Corporation and was incorporated as an affiliate of CJ Corporation. The company later became a part of CJ Media Co., Ltd.
In September 2006, the company was later established again asMnet Media,following the merger with GM Agency, MaxMP3, and ID Icheon Entertainment.
In January 2007, the company established the entertainment companyCore Contents Media,then headed by producer Kim Kwang-soo.
In May 2007, CJ Music was merged into Mnet Media, which operated in the music distribution and broadcasting businesses.
In January 2011, Mnet Media was merged into CJ E&M and renamed asCJ E&M Music.Following the merger, the company was revoked from the KOSDAQ listing in March 2011.
In December 2013, CJ E&M Music acquired 19% ofJellyfish Entertainment's shares to form a partnership.
In March 2014, the CJ E&M label system was introduced withJellyfish Entertainment,The Music Works,MMO Entertainment,and 1877 Entertainment joining the system.[4]
In April 2014, CJ E&M Music launched a joint venture with Japan'sVictor Entertainment,which was calledCJ Victor Entertainment.[5]
In September 2015, CJ E&M Music acquiredB2M Entertainment.[6]
In October 2015, CJ E&M Music signed a strategic partnership deal with the hip-hop labelHi-Lite Records.[7]
In January 2016, CJ E&M Music signed a strategic partnership deal with hip hop labelAOMG.[8]
In 2017, CJ E&M Music established a new label namedStone Music Entertainment.The label began producing music for artists under CJ E&M Music, such asWanna One,Davichi,andJBJ,and managed Idol School's winning group,Fromis 9.
In August 2017, CJ E&M Music established theHigh Up Entertainmentjoint venture with the production teamBlack Eyed Pilseung.[9] In the same month, CJ E&M acquired an additional 32% ofJellyfish Entertainment's shares, beyond the 19% of the label's shares previously acquired in 2013, effectively becoming the label's largest shareholder, with a total stake of 51%.[10]
In November 2017, CJ E&M Music acquiredAmoeba Culture.[11]
In April 2018, Stone Music Entertainment was officially registered and CJ E&M later merged into Stone Music Entertainment in May 2018.
In June 2018, Stone Music Entertainment established the exclusive labelSwing Entertainmentfor managingWanna Onesince the latter ended their contract with YMC Entertainment, with Shin Dong-il (who is the former manager under YMC Entertainment) as the label head.
In August 2018, CJ E&M sold its 51% stake in High Up Entertainment back to Black Eyed Pilseung, making the former an independent company.
In September 2018, Stone Music Entertainment established the exclusive labelOff The Record Entertainmentfor managing theProduce 48winners,Iz*One,andIdol SchoolwinnersFromis 9.[12]
In October 2018,Genie Musicacquired distribution rights to Stone Music Entertainment's releases in digital format after it merged with the latter's sister company, CJ Digital Music. The two companies will still release physical albums separately.[13]
On January 31, 2019, Stone Music Entertainment confirmed the establishment of an exclusive label,LM Entertainmentfor managingKang DanielandYoon Ji-sungsince February 1, following the ending of their contract with MMO Entertainment. The label is headed by Shin Dong-il, who also headed their former label Swing Entertainment during the time in whichWanna Onewas active.[14]
On April 20, 2021, Sport Kyunghang announced that CJ ENM applied to close Stone Music Entertainment from April 8. According to the news, CJ ENM stated that they are “working on reorganizing its sub-labels for efficiency.”[15]
In May 2021, CJ ENM integrated their music label Stone Music, One Effect, Studio Blue, and Off Record with the launch of a new music label,Wake One Entertainment.The first artistTO1were confirmed to be managed under the new label.[16]
Partnerships and Music distributions
edit|
Labels and Investments[17]
|
Distribution[18]
|
Former entities
editRecording artists
edit- Bubble Sisters (2003–2005)
- Hong Jin-young(2006–2008)
- Kim Jong-kook
- SWAN (2007–2008)
- Lee Hyori(2006–2010)
- Ock Joo-hyun
- Yangpa
- Busker Busker(2011-2013)
- TimeZ (co-managed with Super Jet Entertainment)
- Yoo Seung-woo(2012–2015) (managed under sub label UK Muzik)
- Parc Jae-jung(2013–2015)
- Jung Joon-young(2013–2016)
- JJY Band(2015–2016)
- I.O.I(2016–2017/2019) (co-managed withYMC Entertainmentand Studio Blu)
- Spica(2012–2017) (co-managed withB2M Entertainment)
- Emma Wu(2016–2017)
- Kevin Oh(2017)
- JBJ(2017–2018) (co-managed withKakao M'sFave Entertainment)
- Wanna One(2017–2019/2022) (co-managed with Swing Entertainment)
- Lee Seokhoon(2015–2019)
- X1(2019–2020) (co-managed with Swing Entertainment)[19]
- In2It(2017–2020) (co-managed with MMO Entertainment)[20]
- Kim Feel
- Hoons (co-managed with FRON+DESK)
- Heize(2017–2020) (co-managed with Studio Blu)[21]
- Son Ho-young
- Iz*One(2018–2021) (co-managed with Swing Entertainment)
- SG Wannabe
- Eric Nam
- Ash-B
- TSUN
- Nieah
- MAMAN
- Yoon Ji-sung(2019–2022)
- Truedy (2018–2021)
- Soovi (2019)
- $ammy (2019–2021)
- Song Su-woo (2021–2022)
Actors
editSubsidiaries
edit- Core Contents Media (acquired by MBK Co., Ltd. asMBK Entertainment)
- Maroo Entertainment
Controversies
editPrice manipulation
editCJ E&M Music (then Mnet Media) was one of the 15 companies fined and sued by theKorean FTCforprice rigging in 2011.[22]
Plagiarism
editReferences
edit- ^"[단독]CJ ENM, 레이블 재편 본격화".Naver(in Korean). April 20, 2021.Archivedfrom the original on April 20, 2021.RetrievedApril 20,2021.
- ^"CJ E&M launches game distribution JV in Taiwan".Korea Times. 2012-09-13.Archivedfrom the original on 2019-05-17.Retrieved2014-04-16.
- ^"Winners from 'The 3rd GAON Chart Kpop Awards'!".Allkpop.2014-02-12.Archivedfrom the original on 2016-03-04.Retrieved2014-04-16.
- ^"Jellyfish Entertainment, Music Works, MMO, and 1877 Become Label Companies Under CJ E&M".mnetamerica.Archivedfrom the original on 2018-06-12.Retrieved2018-04-07.
- ^Herald, The Korea (28 April 2014)."CJ E&M, Victor Entertainment launch music joint venture".Archivedfrom the original on 4 March 2016.Retrieved21 June2014.
- ^"CJ E&M" B2M과 전략적 제휴 체결, 매니지먼트·홍보 협력 "".Archivedfrom the original on 2018-06-14.Retrieved2017-12-08.
- ^"Daum 요청하신 페이지의 사용권한이 없습니다".m.media.daum.net.Archivedfrom the original on 2016-01-25.Retrieved2016-01-08.
- ^"CJ E&M, 박재범·쌈디의 힙합 레이블 AOMG 인수".Archivedfrom the original on 2016-03-04.Retrieved2016-01-07.
- ^"[공식입장] 블랙아이드필승, CJ E&M과 손잡고 '하이업 엔터' 설립".Archivedfrom the original on 2017-12-06.Retrieved2017-12-05.
- ^"젤리피쉬엔터테인먼트, 황세준 대표가 지분 처분".Archivedfrom the original on 2021-05-14.Retrieved2017-12-12.
- ^"[단독]CJ E&M, 다듀·크러시 속한 아메바컬쳐 마저 품는다".Archivedfrom the original on 2021-05-14.Retrieved2018-06-14.
- ^"오프더레코드" 오늘부터 아이즈원X프로미스나인 소속사, 전폭지원 "[공식입장 전문]".Archivedfrom the original on 2021-05-14.Retrieved2019-01-31.
- ^Genie Music poses threat to Melon by acquiring CJ Digital MusicArchived2018-10-23 at theWayback Machine(Jun Ji-hye,The Korea Times,2018-10-09)
- ^"강다니엘·윤지성, Mmo→Lm 엔터로 변경‥최선 다해 지원할 것[공식입장]".2019-01-31.Archivedfrom the original on 2019-02-01.Retrieved2019-01-31.
- ^"CJ ENM Shuts Down Stone Music Entertainment".2020-04-20.Archivedfrom the original on 2021-04-20.Retrieved2021-04-20.
- ^"TO1의 당찬 새 출발, 신곡 'Son of Beast' MV 티저 공개".2021-05-18.Retrieved2021-05-18.
- ^"Cj Enm Entertainment Div".CJ ENM.Archivedfrom the original on 2021-04-02.Retrieved2021-03-29.
- ^"Stonemusic".Stone Music Entertainment.Archivedfrom the original on 28 May 2018.Retrieved27 May2018.
- ^"엑스원, 5개월만 결국 해체…" 멤버·소속사간 전원 합의 안돼 "[공식입장 전문]".entertain.naver(in Korean).Archivedfrom the original on 2020-03-22.Retrieved2020-01-06.
- ^"[공식입장] 인투잇(IN2IT), 소속사와 전속계약 해지" 팬카페-SNS, 멤버들이 직접 관리할 것 "- 김효진 기자".톱스타뉴스(in Korean). February 10, 2020.Archivedfrom the original on June 15, 2020.RetrievedFebruary 10,2020.
- ^Lee, Jung-ho (September 16, 2020)."헤이즈, 싸이와 손잡았다..피네이션 합류"[Heize, held hands of Psy.. joins P Nation].Star News(in Korean).Archivedfrom the original on December 28, 2020.RetrievedSeptember 16,2020– viaNaver.
- ^"Korea's Fair Trade Commission fines 15 music distributors for collectively rigging prices".allkpop.March 1, 2011.Archivedfrom the original on October 4, 2013.RetrievedJuly 24,2013.