Genie Music


Genie Music, a subsidiary of KT Corporation, is a South Korean company that specializes in the production and distribution of music content. Its music streaming service is the second most used in South Korea with 2.5 million subscribers as of June 2018.

History

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, one of the major music portals in the country. The division was also strengthened by the acquisition of Doremi Media 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 in March 2017.
In October 2018, Genie Music and CJ ENM's CJ Digital Music merged, with Genie Music being the surviving entity.

Assets

Present

Domestic

for SB19 Only.

Former

Domestic