The best example of its marketing plan in Asian countries is Wondergirls.
, JYP USA, officially opened in New York City in June 2007. A report from the Korea Times andthe business and finance portal site Chaebul.com revealed that JYP Entertainment generated $16.3 million in revenue in 2006 and $10 million during the first six months of 2007. The report valued JYP Entertainment to be worth in ex
JYP Entertainment has many entertainers
such as Park Jin-Young; the representative ofthe agency, Rain, Wonder Girls, G-soul, Min,
and Im Jung-Hyee.
America
(1) Social and Culture
In America, they tend to pursue market which is centralized by America, so they often neglect Asian cultures.
(2) Economic
The scale ofthe entire musicindustry decreases which leads toincre
The company is active in developing various new business models, representing in various entertainment segments, including music production, new artist recruitment, training and management. Over the past 10 years, JYP Entertainment has been producing the most successful artists andmusic. JYPE continues its commitment totheinternational marketplace with principal offices in Seoul, Manhattan, an
to spend 7 years to have all the training programs, andto eventually become a top star.
The process of SM in entertainment industry is well defined as the basic value chain model of manufacturing. There are usually five categories; R&D, Supply, Production, Distribution andmarketing. SM engages in R&D as producing new conceptual development, and other cooperation with composers for music produc
andthe United States. Roughly, half ofthe population (around 120,000,000 people) is under 29 years old; which means the nation has a large number of youths.
- Economical perspective
-The GDP per person inIndonesia is $2329. Since the number of population is large, this country is seen as a nation with high potential to have great power inthe global market after China andIndia.
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