Woollim Entertainment

South Korean entertainment company From Wikipedia, the free encyclopedia

Woollim Entertainment

Woollim Entertainment (Korean: 울림 엔터테인먼트; RR: Ullim Enteoteinmeonteu) is a South Korean entertainment company founded in 2003 by Lee Jung-yeop.

Quick Facts Native name, Industry ...
Woollim Entertainment
Native name
울림 엔터테인먼트
Woollim 엔터테인먼트
Industry
Genre
FoundedOctober 1, 2003; 21 years ago (2003-10-01)
FounderLee Jung-yeop
HeadquartersSeongsan-dong, Mapo-gu, Seoul, South Korea
Key people
Lee Jung-yeop (CEO)
Services
  • Music Production
  • Licensing
  • Artists Management
Revenue₩11,739,000,000 (2012)[1]
₩1,974,000,000 (2012)[1]
Total assets₩5,128,000,000 (2012)[1]
Owners
  • Shareholder structure[2]

Woollim Holdings (67.10%)
SM Entertainment (27.40%)

  • Woollim Holdings (69.35%)
  • Lee Jung-yeop (25%)
  • Others (5.65%)
Websitewww.woolliment.com
Close

The label is home to artists such as Golden Child, Drippin, and Kwon Eun-bi.[3] It has previously handled artists Epik High, Infinite, Lovelyz, Nell, Rocket Punch, and actor Kim Min-seok.

History

Summarize
Perspective

In June 2010, Woollim debuted their first ever boy group, Infinite.[4]

In August 2013, Woollim Entertainment merged with SM Entertainment's subsidiary SM Culture & Contents (SM C&C) to form "Woollim Label", an independent record label whose music would be different from SM Entertainment's sounds with their own color of music and an eclectic lineup of artists.[5]

In November 2014, Woollim debuted their first girl group, Lovelyz.[6]

On March 21, 2016, SM C&C announced that it decided to separate its video content business from its music content business. SM C&C established Woollim Entertainment (Woollim Entertainment Co., Ltd) to handle its music content business, with SM C&C owning all stocks of the company. The partition came into effect on June 8, 2016.[7]

In August 2017, Woollim debuted their second boy group after seven years, Golden Child.[8]

In August 2019, Woollim debuted their second girl group, Rocket Punch.[9] In October 2020, Woollim debuted their third boy group, Drippin.[10]

In late-April 2021, Following the disbandment of Produce 48 group Iz*One, Woollim then-trainees Kwon Eun-bi and Kim Chae-won returned to the company.[11][12] In September 2021, Kim Chae-won left the company.[13]

On November 1, 2021, Woollim Entertainment announced 7 members of Lovelyz contract expired on November 16 and only Baby Soul, now using her real name Lee Su-jeong, has re-signed with the company, while the remaining members did not re-sign.[14]

On August 24, 2024, Golden Child would be re-organized as a 7-member group, as members Tag, Kim Ji-beom and Choi Bo-min departed from the group did not renew their contract and also confirmed that 5-member of the group had renewed their contract, expect Lee Dae-yeol and Y due both of them renewal contract period has not yet arrived.[15]In December 2024, it was later announced that remaining member of Golden Child terminated their contract, except Lee Jang-jun and Hong Joo-chan.[16]In the same months, Woollim also announced that Rocket Punch had ended their activities after 4 member of the group terminated their contract, with leaving only Suyun remains with the company.[17]

Artists

Groups

Soloists

Former artists

References

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