Genie Music

Genie Music Corporation
Native name
주식회사 지니뮤직
Company typePublic joint-stock company
KRX: 043610
Industrycontents (music)
PredecessorBlue Cord Technology Co., Ltd.
(as a division)
FoundedFebruary 7, 1991
Headquarters
6th - 8th floors L7 Hotels Gangnam Tower, 415 Teheran-ro, Samseong-dong, Gangnam-gu, Seoul
,
Area served
worldwide
Key people
Kim Hoon-bae (CEO)[1]
Productsmusic albums, online services
Servicesproduction, distribution
OwnerKT StudioGenie: 35.97%[2][3]
CJ ENM: 15.35%
LG U+: 12.70%
ParentKT Corporation
WebsiteGENIEMUSIC.co.kr/

Genie Music (Korean지니뮤직), 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.[4][5]

  1. ^ Genie Music appoints Kim Hoon-bae as new CEO Archived 2017-06-23 at the Wayback Machine (Park Soo-hyeong, ZDNet Korea, 2017-6-23)
  2. ^ Genie Music poses threat to Melon by acquiring CJ Digital Music Archived 2018-10-23 at the Wayback Machine (Jun Ji-hye, The Korea Times, 2018-10-09)
  3. ^ Ha-neul, Kim (July 15, 2022). "[특징주] 지니뮤직, '우영우' 훈풍에 주가 움직인다 'KT스튜디오지니 자회사'" [[Features] Genie Music, 'Woo Young-Woo' stock price moves on warm wind 'KT StudioGenie subsidiary']. NBN TV (in Korean). Archived from the original on July 15, 2022. Retrieved July 15, 2022.
  4. ^ Sohn Ji-young (April 17, 2018). "Kakao's Melon app dominates Korea's music streaming service market". The Korea Herald. Archived from the original on August 6, 2018. Retrieved November 11, 2018.
  5. ^ Son Ji-hyoung (June 24, 2018). "[Kosdaq Star] Genie Music garners investor attention on anticipated M&A". The Korea Herald. Archived from the original on November 10, 2018. Retrieved November 11, 2018.