DSP Media

DSP Media (Hangul: DSP 미디어) is a South Korean entertainment company established in 1991 by Lee Ho-yeon. The company operates as a record label, talent agency, music production company, event management and concert production company, and music publishing house. In January 2022, the company was acquired by RBW.[1]

DSP Media
Native name
DSP 미디어
FormerlyDaesung Enterprise (1991–1999)
DSP Entertainment (2000–2006)
DSP Enti (2006–2007)
TypeSubsidiary
IndustryEntertainment
Genre
FoundedOctober 1991 (1991-10)
FounderLee Ho-yeon
HeadquartersMapo-gu,
Seoul
,
South Korea
Key people
Kim Jin-woo (CEO)
Min Myeong-gi (executive producer)
Kim Jin-il (head of actors management)
ParentRBW (since 2022)
Websitedspmedia.co.kr

Current artists include: Heo Young-ji, KARD, Mirae, Baby Blue, Lee Jin-jae and Ahn Ye-eun as well as actors and actresses including: Kim Min, Lee Joong-ok, Lee Ji-hyun, Lee Hyung-hoon, Oh Hye-won, Lee Seo-young, Chung Ye-jin, Yoon Jung-hoon, Kim Chae-won, Ahn Seo-hyun, Seong Tae, Ju Hyun, Han Jei, Hwang Kyung-ha and Kang Dae-hyun.

History

1991–2009: Formation and early success

Daesung Enterprise was founded in September 1991 by Lee Ho Yeon to provide entertainment to the public. One of their first Korean music groups was SoBangCha (소방차). The group was a hit and is still loved by the older Koreans.

In the late 1990s, Daesung Enterprise saw significant success, and with the success of groups like Sechs Kies, formed in 1997, and Fin.K.L., formed in 1998, it was considered one of the top entertainment labels in South Korea, alongside SM Entertainment.[2][3] Click-B was formed in August 1999.

In February 1999, the company was renamed DSP Entertainment. After merging with Hoshin Textile Company (호신섬유) in March 2006, DSP Entertainment was renamed DSP Enti.

In 2002, Ha Hyun-gon, Yoo Ho-suk and No Min-hyuk of Click-B left DSP.

In 2006, Fin.K.L members departed DSP Media.

In September 2008, DSP Enti was renamed DSP Media.

2010–present: Change in leadership, acquisition and business expansion

In March 2010, Lee Ho-yeon suffered a stroke, after which his wife, Choi Mi-kyung began running the company. Lee Ho-yeon was considered a major component of the group's success, which began to see a decline following his retirement from the company due to his stroke.[3] Following Choi becoming president of DSP, several members of the girl group Kara filed a lawsuit to end their contract with DSP.[3][4]

In 2012, the group Puretty debuted through the anime series Pretty Rhythm: Dear My Future. In January 2014, Puretty officially disbanded with members Jeon Somin, Yoon Chae-kyung and Cho Shiyoon remaining under DSP Media.[5]

In August 2015, DSP debuted girl group April, with former member of Puretty, Jeon Somin joined in the line-up and then left the group in November 2015. In October 2016, another former member of Puretty, Yoon Chae-kyung were added as a new member of the group.

On January 15, 2016 KARA officially disbanded following the expiration of Park Gyuri, Han Seungyeon and Goo Hara's contracts, while Heo Youngji remained with DSP as a soloist.

In July 2017, DSP debuted four-member co-ed group Kard, with former member of DSP girl group Puretty and April, Jeon So-min joined in the line-up.

In the early morning of February 14, 2018, Lee Ho Yeon died at the age of 64, after a long battle with an illness.[6][7]

On January 26, 2022, it was announced that DSP Media had 39.1% of its shares bought by RBW, which houses idol groups such as Mamamoo, Oneus, Vromance, Onewe and Purple Kiss. DSP Media will be merged into RBW as a subsidiary.[8]

On December 14, 2022, DSP Media announced the acquisition of Goodfellas Entertainment, with their producer Lee Seok-joo, composer Lee Yul-i, singer Lee Jin-jae and duo Baby Blue joining DSP, whereas their CEO Min Myeong-gi also appointment as Lead Producer of DSP.[9]

On May 13, 2023, Soloist Ahn Ye-eun signed with DSP.[10]

On June 1, 2023, DSP was announced to expansions actor management business with acquisitions of actor agency Jikim Entertainment and Urban Works Media, the latter was acquired by RBW in December 2022. Jikim’s former CEO Kim Jin-il would be leading the actors' department under DSP.[11]

In August 2023, actors Kim Min signed with DSP Media.[12]

Affiliated artists

Former artists

Filmography

Notes
  1. In 2012 Yoon Chae-kyung originally debuted with DSP girl group Puretty in Japan before finally disbanding in 2014 and remained with the agency until finally being added as a new member in April 2016.
  2. Rachel's contract has been transferred to RBW, the parent company, in June 2023.
  3. In 2015 Lee Hyun-joo debuted with April before left the group in 2016 to pursue acting career and part ways with the agency in 2021.
  4. In July 2023, Kang Dae-hyun joined the lineup for RBW's upcoming boy group New ID.

References
  1. Ryu, Seok (January 26, 2022). "마마무 소속사 'RBW' 젝키·핑클 배출한 DSP미디어 품는다 [시그널]". Sedaily (in Korean). Retrieved January 26, 2022.
  2. 가요시장에도 정권교체 바람분다. Sports Donga (in Korean). Archived from the original on May 31, 2017.
  3. 빅스타 산실 남편 쓰러진 후 ‘아내의 경영은’. Hankyung News (in Korean). September 4, 2014. Retrieved April 12, 2022.
  4. Jo, Beom-ja (January 19, 2011). 카라 3人 두번째 입장 발표 "소속사가 우리 권리 침해했다" [Second Statement from Kara's 3 Members: "Company Infringed on Our Rights"]. Daum News. Archived from the original on January 24, 2011. Retrieved January 19, 2011.
  5. "퓨리티 소식 이건 뭐임?". 17 January 2014. DC Inside. Retrieved March 29, 2014.
  6. Yoon, Sang-geun (February 14, 2018). "이호연 대표 투병 끝 별세..DSP "곧 빈소 마련"(공식)". 스타뉴스 (in Korean). Archived from the original on May 14, 2021. Retrieved March 18, 2021.
  7. 홍성규 가요평론가가 전하는 ‘故이호연 대표를 떠나보내며’. Sports Kyunghyang (in Korean). Archived from the original on January 6, 2019. Retrieved February 6, 2019.
  8. "마마무 소속사 'RBW' 젝키·핑클 배출한 DSP미디어 품는다 [시그널]". news.naver (in Korean). Retrieved January 26, 2022.
  9. "DSP미디어, 발라드 명가 굿펠라스 흡수합병 "RBW와 협력 본격화"". MoneyToday (in Korean). December 14, 2022.
  10. "안예은, Dsp미디어와 전속계약…허영지·카드와 한솥밥 [공식]".
  11. 박소영. "'마마무 회사' RBW, 배우 사업 더 키웠다..DSP→지킴엔터 흡수 [공식]". n.news.naver.com (in Korean). Retrieved June 1, 2023.
  12. https://n.news.naver.com/entertain/article/112/0003650144
  13. "RBW to acquire half of Urban Works for 10 billion won". koreajoongangdaily.joins.com. December 29, 2022. Archived from the original on February 7, 2023. Retrieved February 10, 2023.
  14. "'카지노' 김민, DSP미디어와 전속계약…이중옥·안서현과 한솥밥 [공식입장]". www.xportsnews.com (in Korean). August 28, 2023. Retrieved September 1, 2023.
  15. "Oh Jong-hyuk, exclusive contract with DSP expires". Daily Sports. Archived from the original on May 14, 2021. Retrieved April 27, 2020.
  16. "April announces disbandment". My Daily. January 28, 2022. Archived from the original on January 28, 2022. Retrieved January 28, 2022.
  17. "네이버 뉴스 라이브러리". Archived from the original on August 3, 2019. Retrieved March 3, 2018.
  18. "네이버 뉴스 라이브러리". Archived from the original on August 3, 2019. Retrieved March 3, 2018.
  19. "Park Joon Gyu's sons Park Jong Chan and Park Jong Hyuk join DSP Media". Chosun. Archived from the original on May 14, 2021. Retrieved April 18, 2013.
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