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    JYP Entertainment
    Music

    JYP Entertainment

    South Korea flagSouth Korea

    "Entertainment Beyond Music"

    Founded 1996-04-25 205 Gangnam-daero, Cheongdam-dong, Gangnam-gu, Seoul, South Korea CEO: Jimmy Jeong
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    About

    JYP Entertainment started small in 1996 as Tae-Hong Planning Corporation, founded by singer-songwriter Park Jin-young, better known as J.Y. Park. The company rebranded to JYP in 2001 and quickly rose through the ranks after launching g.o.d in 1999 and Rain in 2002. Today it stands as one of Korea's Big 3 entertainment firms, alongside SM and YG, though HYBE has since overtaken them all in market cap.

    What sets JYP apart is its emphasis on artist development and in-house production. Founder J.Y. Park still serves as Chief Creative Officer, personally overseeing music for many groups. The company runs a rigorous trainee system with annual global auditions across 20 countries, and its roster includes TWICE, Stray Kids, ITZY, NMIXX, and Xdinary Heroes. Stray Kids' 2023 album 5-STAR sold 5.1 million copies, the highest in JYP history.

    JYP went public on KOSDAQ in 2011 under ticker 035900. For 2023, it reported revenue of ₩567.8 billion and operating profit of ₩175.2 billion. The company has expanded globally with offices in Japan (2008), China (2014), and the USA (2020), and a partnership with Republic Records for US distribution. Jimmy Jeong took over as CEO in 2023, allowing J.Y. Park to focus on creative direction.

    Products & Sub-brands

    TWICEStray KidsITZYNMIXXXdinary HeroesBOY STORYVCHAJYP Bubble fan platformJYP Official Shop merchandiseJYP Publishing

    Frequently Asked Questions

    Who owns JYP Entertainment?
    JYP Entertainment is publicly traded on KOSDAQ. Founder J.Y. Park is the largest individual shareholder with about 17.8% ownership as of 2024. No single entity holds a majority stake, but Park retains significant control through his shares and role as Chief Creative Officer.
    Who is the CEO of JYP Entertainment?
    Jimmy Jeong has been CEO since March 2023, succeeding J.Y. Park. Jeong previously served as CFO and led the company's financial restructuring. J.Y. Park stepped down to focus on creative direction as CCO.
    How much is JYP Entertainment worth?
    As of early 2024, JYP's market capitalization is approximately ₩4.2 trillion (about $3.2 billion USD). Annual revenue for 2023 was ₩567.8 billion (~$430 million USD), with operating profit of ₩175.2 billion (~$132 million USD).
    JYP vs SM vs YG: Which is bigger?
    By market cap, HYBE leads at ~$8B, followed by SM at ~$4B, JYP at ~$3.2B, and YG at ~$1.5B. JYP ranks third overall but has the highest operating profit margin among the legacy Big 3 companies and leads in album sales per artist.
    Is JYP Entertainment still in business?
    Yes, JYP is thriving. It debuted VCHA in 2023 and LOUD in 2024, all nine TWICE members renewed contracts in 2023, and Stray Kids set a company record with 5.1 million sales of 5-STAR in 2023. The company also opened a US office and launched the JYP Bubble fan platform.

    Keywords

    JYP EntertainmentK-popJ.Y. ParkTWICEStray KidsITZYNMIXXKorean entertainmenttalent agencyrecord label

    Company Info

    Founded
    1996-04-25
    Founder
    J.Y. Park
    CEO
    Jimmy Jeong
    Headquarters
    205 Gangnam-daero, Cheongdam-dong, Gangnam-gu, Seoul, South Korea
    Industry
    Music
    Revenue
    ₩567.8 billion (2023)
    Revenue (2023)
    ₩567.8 billion
    Operating Profit (2023)
    ₩175.2 billion
    Market Capitalization
    ~₩4.2 trillion
    Stock Ticker
    KOSDAQ: 035900
    Key Subsidiaries
    JYP Japan, JYP China, JYP USA

    Official Website

    www.jype.com

    Links

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