KMP Holdings (acronym for Korean Music Power; ) was a South Korean music distribution company. It was headquartered in

Gangnam-gu Gangnam District (; ) is one of the 25 districts of Seoul, South Korea. The term ''Gangnam'' translates to "South of the Han River". Gangnam District is the third largest district in Seoul, with an area of . As of the 2024 census, Gangna ...

, Seoul and was opened on March 18, 2010.

History

In March 2010, KMP Holdings was established via a joint venture between S.M., YG, JYP, Star Empire, and other companies like Media Line, CAN Entertainment and Music Factory Entertainment. KMP is the official distributor of releases from these companies (KMP stands for Korean Music Power). Its

chief executive officer A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

is songwriter-producer Kim Chang-whan, representative of Media Line. KMP Holdings encompasses many fields including: music service, digital music distribution, and TV program production. It is a service platform that works to provide a more reasonable digital music system. Many believe this is held to challenge the duopoly on music distribution by

Mnet Media Stone Music Entertainment (Hangul: 스톤 뮤직 엔터테인먼트), is a South Korean music distribution company under CJ ENM, as part of a partnership with the music streaming store Genie Music since 2021. It was one of the largest co-publish ...

and

LOEN Entertainment Kakao M Corp. (; formerly Seoul Records, YBM Seoul Records and LOEN Entertainment) was a South Korean entertainment company established by Min Yeong-bin in 1978. It was one of the largest co-publisher companies in South Korea. The company opera ...

KT Music Genie Music (), a subsidiary of KT Corporation, is a South Korean company that specializes in the production and distribution of music content. Its music streaming service is the second most used in South Korea with 2.5 million subscribers as ...

, the music contents arm of

KT Corporation KT Corporation (Hangul: 주식회사 케이티), formerly Korea Telecom, is a South Korean telecommunications company, mobile network operator (MNO) and List of mobile virtual network operators in South Korea, mobile virtual network operator (M ...

, eventually acquired KMP in November 2012, and in mid-June 2013, it absorbed KMP's distribution network.

Awards

On the 2nd Gaon Chart K-Pop Awards last February 2, 2013, KMP Holdings was awarded as the "Best Music Distribution Company (Offline Music)".

Founding companies

S.M. Entertainment SM Entertainment Co., Ltd. () is a South Korean Multinational corporation, multinational entertainment agency established in 1995 by Lee Soo-man. It is one of South Korea's largest entertainment companies and has been responsible for fostering ...

YG Entertainment YG Entertainment () is a South Korean Multinational corporation, multinational entertainment agency established in 1996 by Yang Hyun-suk. The company operates as a record label, talent agency, music production company, event management and conce ...

JYP Entertainment JYP Entertainment Corporation () is a South Korean Multinational corporation, multinational entertainment and record label Conglomerate (company), conglomerate founded in 1997 by Park Jin-young, J. Y. Park. Operating as a record label, talent ...

Star Empire Entertainment Star Empire Entertainment (Korean:스타제국 ''Seuta Jeguk'') was a South Korean private-held entertainment company founded in 2000 by Shin Ju-hak. It was formerly home to artists like Jewelry, Nine Muses, ZE:A, V.O.S, Imfact, and Ariaz. ...

* Media Line * CAN Entertainment * Music Factory Entertainment

Business area

* Music Album Off-Line Distribution * Digital Music Distribution (domestic, foreign) * Investment for Music Contents * Contents Producing & Management * Concert & Awards * New Media, Social Media Business * Merchandising

Former distribution network

Korean

* Afrodino World * CAN Entertainment (formerly CAN&J Entertainment) * Fair Music * GM Contents Media (later merged into

Core Contents Media MBK Entertainment () was a South Korean entertainment company established by Kim Kwang-soo. MBK Entertainment is known for managing multiple successful K-pop artists, such as T-ara, DIA, Davichi, SeeYa, F-ve Dolls, Shannon, Coed School, and S ...

) * GraceJ * iMBC (for ''

Infinite Challenge ''Infinite Challenge'' (; abbreviated as ) is a South Korean comedic reality television show that aired on MBC TV from 2005 to 2018. The show was produced by Kim Tae-ho, and starred various entertainers, including Yoo Jae-suk, Park Myung-soo ...

'' releases) *

* Media Line * Music Factory Entertainment *

(excluding Nine Muses, whose distribution rights were then handled by

) * Trophy Entertainment (moved to

, then dissolved) *

Japanese

Avex Group Avex Inc. ( kabushiki gaisha , commonly known as Avex and stylized as avex) is a Japanese Conglomerate (company), entertainment conglomerate led by founder Max Matsuura and headquartered in Tokyo, Japan. Founded in 1988, the company manages J- ...

Johnny & Associates was a Japanese talent agency formed by Johnny Kitagawa in 1962, which managed groups of male idols known as The company had a significant impact on pop culture with male idols and boy bands in Japan since the 1980s. Until 2019, the company w ...

References

External links

* (via Tistory) {{DEFAULTSORT:KMP Holdings Genie Music Defunct record labels of South Korea Record labels established in 2010 Record labels disestablished in 2012 Record label distributors