K-pop powerhouse JYP Entertainment has recently announced a strategic partnership with Republic Records to extend global reach of its label artists – Stray Kids and Itzy.
Republic Records, a U.S. American record label owned by Universal Music Group, announced its expanded alliance with JYP that began in 2020 with K-pop girl group, Twice.
Under the new partnership, the US music agency will support the global activities of JYP’s artists, including Stray Kids and Itzy.
For Twice, JYP and Republic’s efforts two years ago culminated into two top 10 albums on Billboard’s main albums chart.
Twice’s albums that garnered the attention of Billboard are “Formula of Love: T+O=<3” and “Taste of Love.” Twice also released its first English-language single, “The Feels,” last year which debuted at No. 83 on the Billboard Hot 100.
“We are beyond delighted to move forward with Republic Records, the most outstanding label in the United States, in developing the major artist roster of both companies hereafter, starting with Twice‘s successful kickoff.”
— Jung Wook, CEO of JYP Entertainment.
Monte Lipman, founder and CEO of Republic Records, also hinted that Republic is planning to announce more news soon concerning the two agencies’ partnership.