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Posted by beansss AKP STAFF Tuesday, July 23, 2019

JYP Entertainment confirms joint management of their actors with new startup Npio

AKP STAFF

JYP Entertainment's actor division JYP Actors will be transferred over to a new startup agency, Npio Entertainment, the label informed press in an official statement this July 24. 


JYPE stated,

"Beginning September 1, JYP Entertainment will establish a joint-management relationship with Npio Entertainment regarding the actors division. 

Npio Entertainment is a new company headed by JYP Entertainment vice president Pyo Jong Rok, focussed in the management of actors and actresses, as well as in the production of dramas and films.

After a lengthy discussion with all actors under JYP Actors, we have come to the decision that actors Yoon Park, Shin Eun Soo, Kang Hoon, Shin Ye Eun, Kim Dong Hee, and Lee Chan Sun will remain with JYP and Npio for the remainder of their contracts.

The rest of our acting artists have come to agreements to end their contracts, in order to seek out new agencies liberally."

Best of luck to all actors and actresses continuing in Npio, as well as those seeking new agencies. 

  1. Yoon Park
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Pinksone81197 pts Tuesday, July 23, 2019 0
Tuesday, July 23, 2019

I really love JYP actors! I really hope for their success where ever they go after their JYP contract ends. I'm sad that all, but 3 won't be w JYP no more. But it may be a good thing. Can't wait for Ye Eun's next drama or movie production!!

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dizzcity1,025 pts Wednesday, July 24, 2019 1
Wednesday, July 24, 2019

Joint-management? Why? Financially, it seems to make more sense for JYP Actors to be either wholly in or completely out, not this half-and-half thing. Unless maybe the original plan was to have them out completely, but with the Japan situation worsening, they're holding on to the strings for flexibility's sake.


To put a more evil corporate angle on it, this could be the result of corporate infighting between vice-presidents. To put a more good corporate angle on it, JYPE is supporting the new company for a while until they get settled in, by sharing their name and reputation for a year or two before true separation.

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