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Artist Company

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Artist Company
Native name
아티스트 컴퍼니
Company typePrivate
Industry
FoundedMay 9, 2016; 8 years ago (2016-05-09)
Founder
Headquarters430 Dosan-daero, Gangnam-gu, Seoul Special City (Cheongdam-dong),
Seoul
,
South Korea
Area served
Worldwide
Key people
  • Kim Byung-sun (CEO, President)
  • Lee Kyu-chang (Global Director)
Services
  • Actors Management
RevenueIncrease ₩23.89 billion (US$20.88 million) (2022)[1]
Increase ₩273 million (US$238,646.79) (2022)[1]
Increase ₩381 million (US$333,056.51) (2022)[1]
WebsiteArtist Company

Artist Company (Korean: 아티스트컴퍼니) is a South Korean entertainment agency founded by actors Jung Woo-sung and Lee Jung-jae in 2016.[2] The company is home of many major players in the Korean film industry including Jung Woo-sung, Lee Jung-jae, Ahn Sung-ki, Bae Seong-woo, Go Ah-sung, Park So-dam, and Yeom Jeong-ah.

History

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2016: Formation

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On May 19, 2016, Lee Jung-jae and Jung Woo-sung, who have been close colleagues and friends for a long time, decided to establish Artist Company after much discussion and careful consideration with the aim of creating a rational and systematic company.[3][4]

2017–present: Leadership transition and expansion

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On December 27, 2017, Jung Woo-sung has stepped down from his role as CEO of Artist Company to focus on his acting career. Kim Byung-sun, previously with Star K Entertainment, has been appointed as the new CEO of the agency.[5]

On November 26, 2021, Artist Company founded by Lee Jung-jae and Jung Woo-sung, along with Artist Studio also represented by them, announced that they had entered detailed discussions for a merger and acquisition with Com2uS represented by Song Jae-joon and Lee Ju-hwan, and WYSIWYG Studios represented by Park Kwan-woo and Park In-gyu.[6] On December 23, Com2uS and its subsidiary WYSIWYG Studios announced that they had signed an investment agreement to acquire the management rights of Artist Studio and Artist Company by investing 25 billion won and 80 billion won, respectively, for a total of 105 billion won.[7] However, on May 30, 2022, Com2uS withdrew its decision to acquire Artist Company.[8]

In December 2023, Lee Jung-jae and Jung Woo-sung acquired 45% and 9% of the shares, respectively, in the KOSDAQ-listed advertising company Wider Planet through a paid capital increase via a third party, with investments of approximately 10 billion KRW and 2 billion KRW each. This made Lee Jung-jae the largest shareholder of the company. In March 2024, Wider Planet announced a name change to "Artist United" and appointed Lee Jung-jae and Jung Woo-sung as inside director. The company's headquarters were relocated to the Artist Company premises, sparking speculation about a potential merger between the two companies.[9]

Artists

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Actors

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Actresses

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Former artists

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Subsidiaries and brands

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References

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  1. ^ a b c Park Jae-eon (December 11, 2023). "'배우' 이정재·정우성, 와이더플래닛 인수하나" [Actors Lee Jung-jae and Jung Woo-sung to Acquire Wider Planet]. TOP Daily (in Korean). Archived from the original on July 7, 2024. Retrieved July 6, 2024.
  2. ^ Go Seung-ah (2016-05-19). "정우성-이정재, 함께 손잡았다..종합 엔터사 '아티스트 컴퍼니' 설립" [Jung Woo-sung and Lee Jung-jae have joined hands... Established comprehensive entertainment company 'Artist Company'.]. Archived from the original on 2018-02-02. Retrieved 2017-09-05.
  3. ^ Yoo Jeong-seon (May 19, 2016). "정우성 이정재, 17년 인연 영화 '태양은 없다'로 시작…"친구에서 동업자로"" [Jung Woo-sung and Lee Jung-jae's 17-year relationship began with the movie "City of the Rising Sun" ... "From friends to business partners"]. E-Today (in Korean). Archived from the original on July 7, 2024. Retrieved July 4, 2024.
  4. ^ Jeong Su-cheon (May 19, 2016). "정우성-이정재, 공동회사 '아티스트 컴퍼니' 설립…극강 '비주얼'이 뭉쳤네" [Jung Woo-sung and Lee Jung-jae establish joint company 'Artist Company'... The ultimate 'visuals' have united.]. E-Today (in Korean). Archived from the original on July 7, 2024. Retrieved July 4, 2024.
  5. ^ Hong You-kyoung (December 27, 2017). "Jung Woo-sung shifts focus back to acting". Korea JoongAng Daily. Archived from the original on July 7, 2024. Retrieved July 7, 2024.
  6. ^ Shin Na-ra (November 26, 2021). "컴투스·위지윅스튜디오, 이정재·정우성 설립 '아티스트 컴퍼니' 인수" [Com2uS and WYSIWYG Studios acquire 'Artist Company' founded by Lee Jung-jae and Jung Woo-sung]. Woman Chuson (in Korean). Archived from the original on July 6, 2024. Retrieved July 6, 2024.
  7. ^ Im Eun-ju (December 23, 2021). "이정재·정우성 5년 만에 '1050억원 잿팟'...컴투스, 아티스트컴퍼니 인수" [Lee Jung-jae and Jung Woo-sung make 105 billion won in 5 years... Com2uS acquires Artist Company]. Straight Cut (in Korean). Archived from the original on July 6, 2024. Retrieved July 6, 2024.
  8. ^ Jang Yu-jin (May 31, 2022). "이정재·정우성, 1000억 돈방석 '물거품'으로…컴투스, 아티스트컴퍼니 투자 철회" [Lee Jung-jae and Jung Woo-sung, 100 billion won in money 'bubble'... Com2uS withdraws investment in Artist Company]. Premium Economic News (in Korean). Archived from the original on July 6, 2024. Retrieved July 6, 2024.
  9. ^ Anna J. Park (December 12, 2023). "Wider Planet stock skyrockets with actor Lee Jung-jae becoming largest shareholder". The Korea Times. Archived from the original on December 17, 2023. Retrieved July 7, 2024.
  10. ^ Lee Seung-hoon (November 7, 2023). "[단독]박훈, 이정재·정우성 품으로..아티스트컴퍼니 계약" [[Exclusive] Park Hoon, Lee Jung-jae and Jung Woo-sung in arms.. Signed with Artist Company]. Star News (in Korean). Archived from the original on July 7, 2024. Retrieved July 4, 2024 – via Naver.
  11. ^ Shim Eom-kyung (October 29, 2021). "피오, 아티스트컴퍼니와 전속계약...정우성·이정재 한솥밥[공식]" [P.O signed an exclusive contract with Artist Company... Woo-sung Jung, Jeong-jae Lee One Pot Rice [Official]] (in Korean). Spotify News. Archived from the original on October 31, 2021. Retrieved October 29, 2021 – via Naver.
  12. ^ Lee, Seul-bi (August 8, 2019). 신예 조이현, 아티스트컴퍼니와 전속계약 "무한 가능성" [Rookie Jo Yi-hyeon, signed an exclusive contract with Artist Company. "Infinite possibility."]. Sports Donga (in Korean). Archived from the original on February 4, 2022. Retrieved February 4, 2022.
  13. ^ Park Ji-yoon (April 15, 2024). "김혜윤, '이정재·정우성의 보석함'으로...아티스트컴퍼니 전속계약" [Kim Hye-yoon, 'Lee Jung-jae and Jung Woo-sung's jewel box'... Artist Company exclusive contract]. The Fact. Archived from the original on April 15, 2024. Retrieved April 15, 2024 – via Naver.
  14. ^ Kim Na-young (April 21, 2023). "'독전' 이주영, 아티스트컴퍼니와 전속계약…안성기·임지연과 한솥밥" ["'Drug King' Lee Joo-young signs exclusive contract with Artist Company... Will collaborate with Ahn Sung-ki and Im Ji-yeon."]. MK Sports (in Korean). Archived from the original on July 7, 2024. Retrieved July 4, 2024 – via Naver.
  15. ^ "임지연, 아티스트컴퍼니와 전속계약 체결..정우성·이정재 품으로 [공식]" ["Lim Ji-yeon signs an exclusive contract with Artist Company... Joins Jung Woo-sung and Lee Jung-jae [Official]"]. OSEN [ko]. May 18, 2020. Archived from the original on February 2, 2023. Retrieved May 18, 2020.
  16. ^ Ahn Yoon-ji (August 18, 2023). "원진아, 아티스트컴퍼니와 전속계약 체결 [공식]" [Won Jin-ah signs exclusive contract with Artist Company [Official]]. Star News (in Korean). Archived from the original on July 7, 2024. Retrieved July 4, 2024 – via Naver.
  17. ^ 김현정 (June 28, 2024). "[단독] 배우 최리, FA 나왔다". Naver (in Korean). Retrieved June 28, 2024.
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