History

Park Jin-young founded the company in 1997 as "Tae-Hong Planning Corporation", which eventually became "JYP Entertainment" in 2001.

The studio and headquarters of its US branch, JYP USA, officially opened in New York City in June 2007.^[1] In October 2008, JYP Entertainment further expanded by opening the JYP Beijing Center as their China branch. The same year, CAA (Creative Artists Agency) included JYP Entertainment in its roster of high profile clientele.^{[citation needed]}

The company is considered one of the biggest management companies in South Korea, along with SM Entertainment , and YG Entertainment.^[2] In an interview, Park stated that the success of his artists is due to him creating a "brand" for the artist.^[3] It has been reported that the group is worth in excess of $100 million.^[3]

JYP had created a subsidiary for his company JYPE, called Cube Entertainment, where the ex-Wonder Girls member Hyuna debuted with her group 4Minute in June 2009 and Beast that debuted October 2009. In Cube Entertainment there are also soloists Mario, Eddie, and Young Ji.

In June 2009, it was officially announced that JYP Entertainment and the Jonas Group signed a management deal for the Wonder Girls. Wonder Girls joined the Jonas Brothers' World Tour 2009, in selected cities, as the opening act performing their two songs "Nobody" and "Tell Me".^[4]

Locations

• South Korea: 123-50, Cheongdam-dong, Gangnam-gu (Headquarter)
• United States: 110 East 31st Street, New York City
• China: Chaoyang District, Beijing

Roster

Park Jin-young, a CEO and owner of JYP Entertainment, shot in Bangkok, Thailand 2009.