Hul JYP was almost taken over, but Park Jin Young used all his assets to stop it
Loen was the 2nd biggest shareholder in JYP, after Loen was sold to the Hong Kong-based private equity fund, they wanted to grow as an entertainment company, opposed JYP’s listing on the stock market and proposed a take over
After going through it several times, JYP finally succeeded in listing through backdoor listing
In 2014, Loen sold all their shares in JYP, JYP was on the verge of bankruptcy
Park Jin Young sold the JYP building that belonged personally to him. And with that he bought the JYP stocks
Oh my God…
1. Loen made a fuss about taking over JYP, but Park Jin Young saved JYP by selling the JYP building that belonged personally to him
2. Hul Loen is also a subsidiary of Kakao, right?
3. That’s right, on the day GOT7 debuted, the company almost went bankrupt
4. It was a really big crisis for JYP
5. Park Jin Young even sold the JYP building…
6. Why does Kakao keep acquiring other entertainment companies?
7. He’s so serious about JYP, he’s amazing
8. Seriously, JYP almost collapsed, but Park Jin Young built columns, GOT7 built walls, and TWICE roofed house to protect JYP..
9. Park Jin Young is so cool
10. Then he bought the JYP stocks
11. At that time, Suzy was shooting commercials like crazy, 2PM were on tour in Japan for 2 years straight
Original post (1)
Twice fed the whole company afterall. that’s why jype can’t let them go and maybe offers bigger money on their contract renewal.
twice are old hags now
their songs are MID and they fell off melon charts
no one cares about them anymore in Korea
they are flop in korea but they ARE jype’s biggest money maker. that’s my point.
jype would easily disband them nor let them choose their own way after their contract expired if they are not that profitable. but no. jype did anything to keep them intact as a group. that’s how business work.
iiii
hy
they’re their slave. that’s why the group working non stop until few member hurt.
how is that the conclusion you came to based on this, it is incredible the clear lack of reading comprehension skills
nah. i’m not making a conclusion. i’m just pointing how jype survived after debuting twice.
Mommy Jihyo can easily feed a whole company by herself. 🍼🍈🍈
Twice are truly amazing.
2pm with their tons of CFs & 150+ concerts, Lee Junho with his sold out solo tours in Japan, Suzy with her CFs saved the company from bankruptcy and earned tons of money so their juniors can debut.
Even when 2pm was on hiatus due to military service, Lee Junho was one of the main moneymakers and still is. To date, Lee Junho alone did 100 solo concerts, 13 albums, 5 movies, 7 dramas and tons of CF.
kakao is the real enemy but kpoppies keep barking at the wrong tree
still better than hybe 🙂
Jinni is the one elevate JYP to global standard
They were at their breaking point and then they hit the jackpot when TWICE debuted.
jyp promoted heavily in Japan after this and jpn money is what kept the company afloat. Also explains why they have beef with Melon, which kakao owns
melon fixed their ranks on several occasions that undermined twice, there was a government investigation too
it is a reason why korean music charts are not a good metric for measurement
2pm with their tons of CFs & 150+ concerts, Lee Junho with his sold out solo tours in Japan, Suzy with her CFs saved the company from bankruptcy.
Even when 2pm was on hiatus due to military service, Lee Junho was one of the main moneymakers and still is. To date, Lee Junho alone did 100 solo concerts, 13 albums, 5 movies, 7 dramas and tons of CF.