KT Music

KT Music Corporation
Native name
주식회사 KT 뮤직
(or 주식회사 케이티 뮤직)
Public joint-stock company
Traded as KRX: 043610
Industry contents (music)
Predecessor Blue Cord Technology Co., Ltd.
(as a division)
Founded February 7, 1991
Headquarters 106-17 Samseong-dong, Gangnam-gu, Seoul, South Korea
Area served
worldwide
Key people
Kim Seong-wook (CEO)[1]
Products music albums, online services
Services production, distribution
Owner KT Corporation (49.98%)
convertible bond of seven companies (S.M. Entertainment, YG Entertainment, JYP Entertainment, Star Empire Entertainment, CAN Entertainment, Media Line and Music Factory Entertainment) (13.48%)[2][3]
Parent KT Corporation
Slogan Feel the Music @(at) Everywhere
Website ktmusic.co.kr

KT Music (kt music in lowercase, Hangul: KT 뮤직), a subsidiary of KT Corporation, is a South Korean company that specializes in the production and distribution of music content.

History

The company's history can be traced from the music contents division of Blue Cord Technology, established in 1991. The same division then owned Muz (now Olleh Music), one of the major music portals in the country. The division was also strengthened by the acquisition of Doremi Media (one of South Korea's well-known music publishers) in 2000.

In 2007, Blue Cord was acquired by KT Freetel, and upon merging with the former, made the music division a separate company named KTF Music. In 2009, the company was renamed as KT Music due to the merger of KTF and its parent KT Corporation.

It acquired KMP Holdings in 2012.[4][5][6][7][8][9][10][11]

Assets

References

External links

This article is issued from Wikipedia - version of the Saturday, January 09, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.