CJ E&M announces they have acquired hiphop label AOMG helmed by Jay Park & SimonD
source: xsportsnews
trans cr : theseoulstory
Article: CJ E&M takes over Jay Park and Simon D's hip hop label AOMG
Source: X Sports News via Naver
1. [+868, -14] CJ is going to milk this ㅋㅋㅋ They're going to be stuck on all of CJ's rap shows, probably even Superstar K ㅋㅋ
2. [+579, -22] Jay Park and Simon D know how to do business... they must've made bank off of this
3. [+514, -11] Mnet's going to make another show now
4. [+248, -22] Looks like CJ's going to hit daebak in the hip hop field too now
5. [+117, -6] Ehh?? Is this good??? I actually feel sad that they were eaten up by CJ ㅠㅠ now they can't do whatever they want but have to follow what CJ wants too..
6. [+104, -4] To put it more specifically, the CEO of AOMG is no longer Jay Park and Simon D but CJ ㅋㅋ but I'm sure Jay Park was paid extremely well for handing the company over. He's now just an artist associated under AOMG.
7. [+73, -2] I'd say it's more like they were absorbed under CJ and the CEOs went from CEO to artists under the agency.
8. [+69, -6] Why am I not happy about this..
Source: Daum
1. [+84, -8] I guess Jay Park can't call himself a CEO anymore ㅋㅋㅋㅋ but he must've made a ton of money with Simon D off of this
2. [+62, -6] Wasn't this their original goal anyway?
3. [+43, -9] It honestly seems like a win win deal for both parties ㅋ
4. [+14, -0] This spells trouble for me, it's a complete monopoly. How does it make sense that a broadcast company is taking in celebrity agencies like this? Some things should be kept separated.
5. [+11, -0] Looks like we can finally see them on MAMA next year then. Hip hop is the trend now and AOMG is the most trendiest company. I always had a feeling that they weren't attending the biggest year-end ceremonies not by choice but because other companies were blocking them. Maybe Jay Park can fight back this time with this merger.
6. [+9, -0] CJ is just eating all of the companies up now that hip hop is more popular... HiLite Records and now AOMG...
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cr: Netizen Buzz
Article: Jun Ji Hyun and Jo Jung Suk's agency, "Under discussion with CJ E&M for acquirement"
Source: Ilgan Sports via Naver
1. [+1,686, -20] Wow, CJ is getting pretty war-like in their control of Korea's broadcast and entertainment business
2. [+1,366, -23] CJ's just eating everything up...
3. [+886, -19] CJ's getting scary, they're taking over every sector ㅋ
4. [+941, -46] Wow, SM and YG can't even hold a candle to CJ's power ㅋㅋ
5. [+700, -75] Park Min Young's one of the three in this agency too but she got left out ㅋㅋ why treat her like a nugu
6. [+177, -7] Is it okay for a company as big as CJ to be doing this???? Huge companies like this are always killing off competition from smaller companies and now they're making their way into entertainment and killing the smaller agencies here too? Now I can see why so many Koreans are reluctant to become self made~
7. [+151, -2] CJ's just like a dinosaur eating all the smaller agencies up one by one
8. [+128, -1] CJ has already completely taken over the movie distributions and theaters, and now they're meddling in entertainment too?
9. [+107, -0] They're trying to control way too much.. ;;
10. [+117, -5] CJ's no joke now... they're just trying to take over the entire Korean entertainment industry
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cr: Netizen Buzz