KT Music
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Native name
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주식회사 KT 뮤직 (or 주식회사 케이티 뮤직) |
|---|---|
| Public | |
| Traded as | KRX: |
| Industry | contents (music) |
| Predecessor | Blue Cord Technology Co., Ltd. (as a division) |
| Founded | February 7, 1991 |
| Headquarters | 106-17 Samseong-dong, Gangnam-gu, Seoul, South Korea |
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Area served
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worldwide |
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Key people
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Kim Seong-wook (CEO) |
| Products | music albums, online services |
| Services | production, distribution |
| Owner |
KT Corporation (49.98%) convertible bond of seven companies (S.M. Entertainment, YG Entertainment, JYP Entertainment, Star Empire Entertainment, CAN Entertainment, Media Line and Music Factory Entertainment) (13.48%) |
| Parent | KT Corporation |
| Website | ktmusic |
KT Music (kt music in lowercase, Hangul: KT 뮤직), 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.
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