KeyEast, AMENT, Star J Entertainment, SM Entertainment, YG Entertainment, and JYP Entertainment will be joining forces to create a huge Asian management agency named ‘United Asia Management‘!
This joint investment corporate body was created out of an effort to develop an industry that will push ‘Hallyu’ to ‘Asianlyu’. United Asia Management aims to pioneer a global market
, and all artists under the six agencies will be under a database system that manages intellectual property rights. A new contents production system will be utilized as well for movies, dramas, and other media. UAM will also be acting as the global agency for artists planning to advance, or currently promoting in, overseas.
On April 8th, the CEO of KeyEast Entertainment, Yang Geun Hwan, stated, “Using the experience each company has in advancing overseas, we will be bringing together each company’s business know-hows and network systems as the base for our new agency. We are looking forward to this collaboration in creating a synergistic effect for the advancement of not only Korea’s entertainment industry, but Asia as well.”
UAM will be officially established as of April 2011, and will be the new home to artists such as Jang Dong Gun, Hyun Bin, Shin Min Ah, Bae Yong Joon, Kim Hyun Joong, BoA, Lee Yeon Hee, Goo Hye Sun, Big Bang, Rain, 2PM, miss A, the Wonder Girls, and many others.
Source + Photos: Sports Chosun via Naver
Shared by: ourJYJ
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Same article posted in MTV K
The biggest entertainment companies in Korea have joined together to create one massive management agency known as “United Asia Management.”
All of the artists under SM Entertainment,YG Entertainment, JYP Entertainment, KeyEast, Star J Entertainment and AMENT will now be managed under the company in their endeavors including movies, dramas and all other entertainment content production.
The six companies came together to share their business know-how and network so that they can advance the Hallyu wave into an Asian Pop Music wave all around the world.
It’s still unclear as to whether the artists will be both under UAM along with their respective companies.
What is clear is that this is essentially a monopoly that could crush smaller companies and their artists…
This is not exactly JYJ news, but this development in the Korean entertainment industry will definitely affect JYJ...I just don't know how bad.
As much as this news will be good for the Hallyu wave in general, I am worried and scared that JYJ will become more isolated and end up going up against a bigger and stronger force -- after all, SM will be a part of this group and the very thought makes me shudder and wary.
I just hope and pray that people like Bae Hyun Joon and Jang Dong Gun have positive regard towards JYJ and are open-minded enough to neutralize the Big 3's (SM, YG and JYP) anti-JYJ stand.
For now, all we can do is wait and see... and be prepared to be there to help and support the boys in any and all ways we can!
JYJ Fighting! JYJ Fans Fighting!
Source + Photo: Sports Seoul + Naver + MTVK
Shared by: ourJYJ
I agree this worries me a lot..seeing how micky is free working in the drama department, JJ still yet to be confirmed drama and we assuming sm cant touch that part of the industry, and now this. But one thing I have faith in, by doing this.. this 6 companies also isolated other companies. Won bin isnt there, KARA isnt there, Yoo jae suk isnt there, Shinhwa isnt there. So I'm sure there are a lot of people pissed of at this too. Not to mention leaving CCM who a part of the biggest company in korea. And with shady companies working with each other, sooner or later problems will arise. Hopefully soon.
ReplyDeleteI was reading the comments in JYJ3 and the fans don't seem concerned so I guess that makes me feel a little better. I am just happy that JYJ is paving their own way and in the long run I know it's the right way. It may be rocky now but taking the road less travelled will surely make all the difference. With fans like us they have nothing to worry about!
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