Monday, May 18, 2009
[NEWS/RUMORS] Big Three Productions Companies Band Together
Posted by ryeosu at Monday, May 18, 2009Korea’s three biggest music production companies – SM Entertainment, YG Entertainment, and JYP Entertainment – will come together to launch a grand project called “Korea Music Power (KMP).” Representatives of these three companies will meet for a press conference on Thursday at Sejong Performance Center in downtown Seoul to unveil the details of their project.
In order to promote the nation’s struggling music industry, the KMP project is to push for a revision of Korea’s copyrights law and improve the distribution of entertainment contents. It also plans to set up a new music award based on the fair assessment of music charts and hold Dream Concerts and other public events.
Some of the top musicians belonging to these production companies include TVXQ of SM Entertainment, Big Bang of YG Entertainment, and Wonder Girls of JYP Entertainment.
credit: KBS Global
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**i'm not sure if this is a rumor or a fact~ so i just put NEWS/RUMOR~ ^^
