JYP Entertainment Corporation is a Korea-based company engaged in the entertainment business. The Company operates its business through three divisions: entertainment management division, phonograph record business division and contents division. Its entertainment management division provides advertising services and operates concerts and events. Its phonograph record business division engages in the planning, production and distribution of phonograph records, and casting and training of singers. Its contents division provides digital contents. It also involves in the licensing business. In addition, the Company engages in the operation of Korean food restaurants through its subsidiary, JYP Foods, Inc., and overseas entertainment business through its subsidiary JYP Creative Inc. On October 17, 2013, it merged with JYP Corporation, which is mainly engaged in the production and distribution of records and music products.