Monday, December 27, 2010

JYPE Becomes Largest Shareholder Of JTune Entertainment

Park JinYoung had Rain have reunited as business partners.
On the 27th, it was revealed by JYP Entertainment that with the allocation of JYP Entertainment’s staff, they became the largest shareholders of JTune Entertainment.
According to JYPE, “Recently, JTune Entertainment’s singer/actor Rain suggested and discussed this with JYPE’s producer, Park JinYoung.”
They continued, “Rain stated that he wanted to focus on singing and acting as a celebrity before his enlistment. He requested that JYP Entertainment be in charge of any of his business matters.”
JYPE came to an agreement after further discussions to Rain’s proposal, and have become the largest shareholders of the company.
JYP will help Rain to be able to be active as a celebrity. They are also planning on taking advantage of their past 3-year relationship to create a synergy effect for his future activities.
Source: Lee Uhn Hyuk @newsen.com, tvbanimeonline.com

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