Stone Music Entertainment

Stone Music Entertainment (Hangul: 스톤 뮤직 엔터테인먼트), is a South Korean music distribution company under CJ ENM, partnership with music streaming store Genie Music since 2021. It was one of the largest co-publisher companies in South Korea.
The company was also formerly a music production and management company and managed artists such as SG Wannabe, Davichi, Roy Kim, Son Ho-young, Eric Nam, Fromis 9, HEDY, and TO1, before the business closed in April 2021.
Under its previous name CJ E&M Music, it was named Music Distributor of the Year at the Gaon Chart K-Pop Awards in 2014.
History
The company was originally established as Mediopia in May 1993 and later renamed as Mediopia Technology Co., Ltd in June 1994, as a manufacturer and distributor of electronic devices.
In January 2002, the company was listed on KOSDAQ.
In August 2004, Maekyung Hudson was incorporated as a subsidiary.
In July 2006, the largest shareholder changed from Poibos Co., Ltd. to CJ Corporation and was incorporated as an affiliate of CJ Corporation. The company later became a part of CJ Media Co., Ltd.
In September 2006, the company was later established again as Mnet Media, following the merge with GM Agency, MaxMP3 and ID Icheon Entertainment.
In January 2007, the company established entertainment company Core Contents Media, which was headed by producer Kim Kwang-soo.
In May 2007, CJ Music was merged into Mnet Media, which was operated in the music distribution and broadcasting businesses.
In January 2011, Mnet Media was merged into CJ E&M and renamed as CJ E&M Music. Following the merge, the company was revoked from the KOSDAQ listing in March 2011.
In December 2013, CJ E&M Music acquired 19% of Jellyfish Entertainment's shares to form a partnership.
In March 2014, the CJ E&M label system was introduced with Jellyfish Entertainment, The Music Works, MMO Entertainment, and 1877 Entertainment joining the system.
In April 2014, CJ E&M Music launched a joint venture with Japan's Victor Entertainment, which was called CJ Victor Entertainment.
In September 2015, CJ E&M Music acquired B2M Entertainment.
In October 2015, CJ E&M Music signed a strategic partnership deal with hip hop label Hi-Lite Records.
In January 2016, CJ E&M Music signed a strategic partnership deal with hip hop label AOMG.
In 2017, CJ E&M Music established a new label named Stone Music Entertainment. The label began produce music for artists under CJ E&M Music, such as Wanna One, Davichi, and JBJ, and managed
Idol School's winning group, Fromis 9.
In August 2017, CJ E&M Music established the High Up Entertainment joint venture with producer team Black Eyed Pilseung.
In the same months, CJ E&M acquired an additional 32% of Jellyfish Entertainment's shares, beyond the 19% of the label's shares previously acquired in 2013, effectively becoming the label's largest shareholder, with a total of 51%.
In November 2017, CJ E&M Music acquired Amoeba Culture.
In April 2018, Stone Music Entertainment was officially registered and CJ E&M later merged into Stone Music Entertainment in May 2018.
In June 2018, Stone Music Entertainment established the exclusive label Swing Entertainment for managing Wanna One since the latter ended their contract with YMC Entertainment, with Shin Dong-il (who is the former manager under YMC Entertainment) as the label head.
In August 2018, CJ E&M sold its 51% stake in High Up Entertainment back to Black Eyed Pilseung, making the former an independent company.
In September 2018, Stone Music Entertainment established the exclusive label Off The Record Entertainment for managing the Produce 48 winners, Iz*One, and Idol School winners Fromis 9.
In October 2018, Genie Music acquired distribution rights to Stone Music Entertainment's releases in digital format after it merged with the latter's sister company, CJ Digital Music. The two companies will still release physical albums separately.
On January 31, 2019, Stone Music Entertainment confirmed the establishment of an exclusive label, LM Entertainment for managing Kang Daniel and Yoon Ji-sung since February 1, following the ended their contract with MMO Entertainment. The label is headed by Shin Dong-il who also headed their former label Swing Entertainment during the time in which Wanna One was active.
On April 20, 2021, Sport Kyunghang announced that CJ ENM applied to close Stone Music Entertainment from April 8. According to the news, CJ ENM stated that they are “working on reorganizing its sub-labels for efficiency.”
In May 2021, CJ ENM integrated their music label Stone Music, One Effect, Studio Blue and Off Record with the launch of a new music label, Wake One Entertainment. The first artist TO1 were confirmed to managed under new label.
Partnerships and Music distributions
Labels and Investments
143 Entertainment
Biscuit Entertainment
Blockberry Creative
Swing Entertainment
AOMG
Amoeba Culture
H1ghr Music
HighUp Entertainment
MNH Entertainment
Wake One Entertainment
Jellyfish Entertainment
Distribution
143 Entertainment
Ambition Musik
Amoeba Culture (affiliate)
AOMG (affiliate)
Biscuit Entertainment
Blockberry Creative
Craft&Jun
Dooroodooroo Artist Company
Dorothy Company
Feel Ghood Music
H1ghr Music (affiliate)
HighUp Entertainment
Hi-Lite Records (affiliate)
1llionaire Records
In Next Trend
Jellyfish Entertainment
Mapps Entertainment
MNH Entertainment
RBW
Swing Entertainment
Vismajor Company
Wake One Entertainment
WM Entertainment
YNG & RICH Entertainment
Ballin ' All Day
Oui Entertainment
KQ Entertainment (co-managed by E&M Division with KMP Holdings and Genie Music)
Star Road Entertainment
Mnet (for music program releases)
tvN (for drama soundtrack albums)
OCN (for drama soundtrack albums)
Former entities
Recording artists
Bubble Sisters (2003–2005)
Hong Jin-young (2006–2008)
Kim Jong-kook
SWAN (2007–2008)
Lee Hyori (2006–2010)
Ock Joo-hyun
Yangpa
Busker Busker (2011-2013)
TimeZ (co-managed with Super Jet Entertainment)
Yoo Seung-woo (2012–2015) (managed under sub label UK Muzik)
Parc Jae-jung (2013–2015)
Jung Joon-young (2013–2016)
JJY Band (2015–2016)
I.O.I (2016–2017/2019) (co-managed with YMC Entertainment and Studio Blu)
Spica (2012–2017) (co-managed with B2M Entertainment)
Emma Wu (2016–2017)
Kevin Oh (2017)
JBJ (2017–2018) (co-managed with Kakao M's Fave Entertainment)
Wanna One (2017–2019) (co-managed with Swing Entertainment)
Lee Seokhoon (2015–2019)
X1 (2019–2020) (co-managed with Swing Entertainment)
In2It (2017–2020) (co-managed with MMO Entertainment)
Kim Feel
Hoons (co-managed with FRON+DESK)
Heize (2017–2020) (co-managed with Studio Blu)
Son Ho-young
Iz*One (2018–2021) (co-managed with Swing Entertainment)
SG Wannabe
Eric Nam
Ash-B
TSUN
Nieah
MAMAN
Yoon Ji-sung (2019–2022)
Truedy (2018–2021)
Soovi (2019)
$ammy (2019–2021)
Song Su-woo (2021–2022)
Actors
Lee Beom-soo
Song Seung-heon
Kim Min-Jae
Subsidiaries
Core Contents Media (acquired by MBK Co., Ltd. as MBK Entertainment)
Maroo Entertainment
Controversies
Price manipulation
CJ E&M Music (then Mnet Media) was one of the 15 companies fined and sued by the Korean FTC for price rigging in 2011.
Plagiarism
References
External links
Broadcasting companies of South Korea
Electronic dance music record labels
K-pop record labels
Record label distributors
Record labels established in 1994
2021 disestablishments in South Korea
Synth-pop record labels
South Korean record labels
Talent agencies of South Korea
Defunct record labels of South Korea