JYP Entertainment

JYP Entertainment (JYP엔터테인먼트) is one of South Korea's Big Three entertainment companies, alongside SM Entertainment and YG Entertainment. Founded on April 25, 1997 by singer-songwriter and producer Park Jin-young (박진영) as Tae-Hong Planning Corporation, the company was renamed JYP Entertainment in 2001 and listed on KOSDAQ in 2008. Park Jin-young built JYP on a distinctive philosophy: artistry first, commercial viability second. Where SM pioneered the idol manufacturing system and YG leaned into hip-hop swagger, JYP carved out its lane with polished vocals, tight choreography, and a warmth that made its artists feel accessible. The approach produced generation-defining acts across three decades: g.o.d and Rain in the 2000s, Wonder Girls and 2PM in the late 2000s, GOT7 and TWICE in the 2010s, and Stray Kids, ITZY, and NMIXX in the current era. TWICE became one of the best-selling girl groups in K-pop history, moving over 15 million albums and dominating both Korean and Japanese markets. Stray Kids emerged as a global force, filling stadiums across North America, Europe, and Asia with their self-produced, genre-bending sound. ITZY brought a confident, girl-crush identity that resonated with Gen-Z audiences, while NMIXX pushes experimental pop boundaries with their "MIXX POP" concept. DAY6 carved out a rare lane as a full-band act in an industry dominated by idol groups, and Xdinary Heroes followed that tradition. JYP's international expansion has been more aggressive than any of its Big Three peers. NiziU, formed through the reality show Nizi Project with Sony Music Japan, became a top-selling act in Japan. NEXZ followed as a Japanese boy group. BOY STORY operates in China through JYP's Beijing subsidiary. GIRLSET (formerly VCHA), formed through JYP's US-based audition system, represents the company's direct push into the American market. KickFlip debuted as the label's newest Korean boy group in January 2025, with CIIU launching in China that August. The company also runs dedicated legal operations against malicious online commenters, part of an industry-wide shift toward protecting artist welfare through prosecution rather than silence. JYP was among the first major agencies to establish permanent legal teams for this purpose. Headquartered in Gangdong-gu, Seoul, JYP Entertainment reported consolidated revenue of 566 billion won ($495 million) in 2023, with trailing twelve-month revenue reaching 726 billion won by mid-2025, reflecting 37% year-over-year growth. The company employs 419 people and operates subsidiary offices in Tokyo, Beijing, and New York, making it one of the most internationally distributed K-pop agencies in the industry.