Type Public Genre K-pop Net income ₩ 1.11 billion (2014) Founder Hong Seung-Sung Revenue 19.4 billion KRW (2014) | Industry Entertainment Area served Worldwide Headquarters South Korea Founded April 2008, South Korea Number of employees 53 | |
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Key people Hong Seung-sung (Co-Founder and chairman)Shin Jung-hwa (Co-Founder and CEO, Music Cube)Shin Dae-Nam (CEO, Cube)Noh Hyun-Tae (Vice president, Cube) Stock price 182360 (KOSDAQ) ₩ 1,825 -55.00 (-2.93%)6 Mar, 3:30 PM GMT+9 - Disclaimer CEO Park Choong-Min (Sep 2012–) Artists BEAST, 4Minute, BtoB, Hyuna, Apink Profiles | ||
Will beast leave cube entertainment
Cube Entertainment is a South Korean record label founded on August 29, 2006 by Hong Seung-sung and Shin Jung-hwa as Playcube Inc.. They made a strategic alliance with iHQ on September 17, 2013. Cube owns Music Cube Inc. The label's music is distributed by CJ E&M Music and Live and LOEN Entertainment.
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History
Cube Entertainment was founded on August 29, 2006 by Hong Seung-sung (aka Simon Hong), former president of JYP Entertainment, and Shin Jung-hwa (Monica Shin) as Playcube Inc. Due to the founder's past relations, Cube is sometimes mistaken as a subsidiary of JYP Entertainment, however, it is an independent corporation. Plan A Entertainment formerly A-Cube Entertainment, founded in 2011 that Cube was one of the shareholders of A Cube.
Cube artists include Hyuna, Jang Hyunseung, BtoB, Roh Ji Hoon, CLC, and Pentagon. Comedian Kim Kiri, a regular cast member on Gag Concert, signed onto Cube in September 2012, making him the first comedian under the label.
In 2013, it was announced that Rain signed a contract with Cube Entertainment. He officially joined after he concluded his military service on July 10, 2013. On October 15, 2013, Cube released a digital single for a new soloist artist, Shin Ji-hoon who had placed in the top 6 for K-pop Star 2. She is also a figure skater and plans on having joint careers in both figure skating and singing. Another new soloist, Oh Ye-ri was signed by Cube and released her debut digital single, "Because of You" on November 6, 2013. She was the winner of MBC's MBC College Song Festival in 2009.
In the end of 2015, Plan A Entertainment (formerly A Cube Entertainment) who maintained Huh Gak and Apink, was acquired by its distributor, LOEN Entertainment. LOEN invested owns 70% of Plan A share, making It an independent label under LOEN Entertainment. Plan A Entertainment was no longer related to Cube Entertainment. In March 2016 Cube Entertainment acquired Starline Entertainment as subsidiary. Singer Wax and Shin Ji Hoon are currently signed under Starline Ent.
In the end of 2016, Shin Dae-Nam was elected to be the new CEO of Cube Entertainment, replacing former CEO Park Chung-Min.
In the start of 2017, Universal Music sold all the 8% stockshare of Cube Entertainment. CUBE Entertainment has signed a distribution contract with Loen Entertainment for future music & content circulation.
United Cube
All artists under Cube Entertainment are collectively known as United Cube, similar to SM Town, YG Family , JYP Nation or FNC Kingdom.