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Republic Records is an American record label owned by Universal Music Group (UMG). Based in New York City, it was founded by Avery Lipman and Monte Lipman as an independent label in 1995, and was acquired by UMG in 2000.
However, on March 28, Hybe instead sold half of its stakes in SM to Kakao, leaving it only for 8.81%. [81] On May 23, Hybe signed a music distribution deal with Chinese streaming platform, Tencent Music. [82] On August 10, Hybe announced its acquisition of the remaining 51.5% stake from CJ ENM in Belift Lab, making it as a wholly-owned subsidiary.
Universal Music Group (UMG) owns, or has a joint share in, many of the record labels listed here.. According to the UMG official website, the main labels are Abbey Road Studios, Capitol Music Group, Decca Records, Def Jam Recordings, Deutsche Grammophon, EMI, Interscope-Geffen-A&M, Island Records, Mercury Records, Motown Records, Polydor Records, Republic Records, Verve Label Group, and Virgin ...
HYBE, the company formerly known as Big Hit Entertainment, which is home to BTS, the South Korean pop group, has merged with Ithaca Holdings, the company led by SB Projects (SBP) founder Scooter ...
Hybe, the Korean entertainment group behind BTS, saw revenues and profits both grow by more than a fifth in 2023 as album sales doubled and post-COVID conditions allowed more concerts. The company ...
Braun is now the CEO of HYBE America after a $1.05 billion merger deal in 2021 between HYBE and the music executive's Ithaca Holdings. The announcement of Grande's partnership was met with ...
On December 17, J.Y. Park sold the company's headquarters building in Cheongdam-dong, Seoul to Choi Ki-won, for approximately $7 million, on the term that JYP Entertainment will still use the building for three years on rent. [43] [44] The success of Twice led JYP Entertainment to become the largest South Korean entertainment company. [45] [46]
Miles Beard has been appointed executive VP of A&R at Republic Records by co-president Wendy Goldstein, the label announced Wednesday. He is based in the Republic Records Los Angeles office. Most ...