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Wikipedia

Keumyoung Group

KY Entertainment (Korean(주)금영엔터테인먼트, Hanja: 金永, Originally Kumyoung) is a Korean company based in Seoul, South Korea. Its main areas of business are manufacturing of computer music player and audio system, digital music content.

KY Entertainment
KY (주)금영엔터테인먼트
IndustryMusic, Entertainment, Karaoke
Founded1983; 41 years ago in Busan, South Korea
HeadquartersSeoul, South Korea
Area served
South Korea
Key people
Kim JinKab (CEO)
ProductsElectronics, Karaoke
Revenue US$54 million (60 trillon KRW) (2006)
Number of employees
110 people (regular staffs)
30 free-lancers
in sound-engineering lab (2005)[1]
Websitewww.kyentertainment.kr

History edit

Kumyoung was first established as Namkyoung Industry, a manufacturer of video game arcade machine in Busan, South Korea in August 1983. The firm's name was changed to Kumyoung Industry in 1986 and later to Kumyoung Co. Ltd. in 1989 with the inauguration of Kim Sung Young as its CEO. The company focused on the production of karaoke system and has dominated the Korean Noraebang (노래방) industry and the export markets since the early 90s. In 1996, Kumyoung introduced and patented the world's first HDD-based computer music player with real human voice chorus recording by a TV station.

The company headquarters was moved to Seoul in 2002. It ventured into digital music production in 2003 with the establishment of its affiliate, Square-One Music and mobile phone content services in partnership with some Korean telecom companies. Kumyoung has diversified its core business by offering on-line internet noraebang and Video-on-demand services.

Kumyoung group changed its name to KY Entertainment in 2018.

Milestones edit

  • 1989 Establishment and registration of Keum Young Entertainment Co., Ltd
  • 1991 Released music accompaniment computer software
  • 1994 Established Beijing Office (Concluded Thailand sales agent contract)
  • 1995 Established US Branch Office in 1995 (Consecutive No.1 in Korean market for home karaoke systems)
  • 1996 Launched the first <Vocal Chorus> karaoke system in the world and maintained No.1 ranking in Korea ever since
  • 1999 Designated as a company with excellent technological competitiveness (acquired CE mark)
  • 2003 Established joint venture in China and concluded export contract for HDD & DVD music accompaniment products with Vietnamese company
  • 2005 Launched the first cable TV interactive music service technology in the world (currently in operation with CJ, LG Korean cable broadcasting service)
  • 2007 Established Japan Branch Office; started exports to Japan: Concluded export contract with Japan BMB (started exporting track finders)
  • 2008 Owned 22 domestic trademarks and 30 domestic patents for karaoke
  • 2009 Designated as one of the top 10 million dollar exporters
  • 2010 Released KMS-A100/a50, feel TONG 600
  • 2011 Released KMS-A300
  • 2012 Released KMS-K95 series
  • 2013 Adopted new song update method using smartphones
  • 2014 Released KMS-Q100, Q200 series
  • 2015 Released KMS-Q300N
  • 2016 Acquired Keum Young Group karaoke business
  • 2017 Launched sales and management device for coin-operated karaoke
  • 2018 Changed corporate name to KY Entertainment
  • 2019 Launched the first AI karaoke service in Korea, KT GiGA Genie Premium Keum Young Karaoke Service

Products edit

Affiliates edit

  • Kumyoung Media

References edit

  1. ^ Kumyoung business information

External links edit

  • Kumyoung Media Inc.
  • Official website (Korean)

keumyoung, group, entertainment, korean, 금영엔터테인먼트, hanja, 金永, originally, kumyoung, korean, company, based, seoul, south, korea, main, areas, business, manufacturing, computer, music, player, audio, system, digital, music, content, entertainmentky, 금영엔터테인먼트ind. KY Entertainment Korean 주 금영엔터테인먼트 Hanja 金永 Originally Kumyoung is a Korean company based in Seoul South Korea Its main areas of business are manufacturing of computer music player and audio system digital music content KY EntertainmentKY 주 금영엔터테인먼트IndustryMusic Entertainment KaraokeFounded1983 41 years ago in Busan South KoreaHeadquartersSeoul South KoreaArea servedSouth KoreaKey peopleKim JinKab CEO ProductsElectronics KaraokeRevenueUS 54 million 60 trillon KRW 2006 Number of employees110 people regular staffs 30 free lancersin sound engineering lab 2005 1 Websitewww wbr kyentertainment wbr kr Contents 1 History 1 1 Milestones 2 Products 3 Affiliates 4 References 5 External linksHistory editKumyoung was first established as Namkyoung Industry a manufacturer of video game arcade machine in Busan South Korea in August 1983 The firm s name was changed to Kumyoung Industry in 1986 and later to Kumyoung Co Ltd in 1989 with the inauguration of Kim Sung Young as its CEO The company focused on the production of karaoke system and has dominated the Korean Noraebang 노래방 industry and the export markets since the early 90s In 1996 Kumyoung introduced and patented the world s first HDD based computer music player with real human voice chorus recording by a TV station The company headquarters was moved to Seoul in 2002 It ventured into digital music production in 2003 with the establishment of its affiliate Square One Music and mobile phone content services in partnership with some Korean telecom companies Kumyoung has diversified its core business by offering on line internet noraebang and Video on demand services Kumyoung group changed its name to KY Entertainment in 2018 Milestones edit 1989 Establishment and registration of Keum Young Entertainment Co Ltd 1991 Released music accompaniment computer software 1994 Established Beijing Office Concluded Thailand sales agent contract 1995 Established US Branch Office in 1995 Consecutive No 1 in Korean market for home karaoke systems 1996 Launched the first lt Vocal Chorus gt karaoke system in the world and maintained No 1 ranking in Korea ever since 1999 Designated as a company with excellent technological competitiveness acquired CE mark 2003 Established joint venture in China and concluded export contract for HDD amp DVD music accompaniment products with Vietnamese company 2005 Launched the first cable TV interactive music service technology in the world currently in operation with CJ LG Korean cable broadcasting service 2007 Established Japan Branch Office started exports to Japan Concluded export contract with Japan BMB started exporting track finders 2008 Owned 22 domestic trademarks and 30 domestic patents for karaoke 2009 Designated as one of the top 10 million dollar exporters 2010 Released KMS A100 a50 feel TONG 600 2011 Released KMS A300 2012 Released KMS K95 series 2013 Adopted new song update method using smartphones 2014 Released KMS Q100 Q200 series 2015 Released KMS Q300N 2016 Acquired Keum Young Group karaoke business 2017 Launched sales and management device for coin operated karaoke 2018 Changed corporate name to KY Entertainment 2019 Launched the first AI karaoke service in Korea KT GiGA Genie Premium Keum Young Karaoke ServiceProducts editComputer Music Player Speaker and Amplifiers LED ScreenAffiliates editKumyoung MediaReferences edit Kumyoung business informationExternal links editKumyoung Media Inc Official website Korean Retrieved from https en wikipedia org w index php title Keumyoung Group amp oldid 1071095045, wikipedia, wiki, book, books, library,

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