Genie Music
 |
|
|
Native name
|
주식회사 지니뮤직 |
|---|---|
| Public | |
| Traded as | KRX: |
| Industry | contents (music) |
| Predecessor | Blue Cord Technology Co., Ltd. (as a division) |
| Founded | February 7, 1991 |
| Headquarters | Yeongdong-daero 106-gil 17, Samseong-dong, Gangnam-gu, Seoul, South Korea |
|
Area served
|
worldwide |
|
Key people
|
Kim Hoon-bae (CEO) |
| Products | music albums, online services |
| Services | production, distribution |
| Owner |
KT Corporation (42.49%) LG Uplus (15%) SM-YG-JYP Consortium (7.12%) |
| Parent | KT Corporation |
| Website | GENIEMUSIC.co.kr/ |
Genie Music (stylized as GENIE MUSIC, Hangul: 지니뮤직), a subsidiary of KT Corporation, is a South Korean company that specializes in the production and distribution of music content.
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.
Following the investment of LG Uplus, the company changed its name to Genie Music on March 2017.
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