What is going on with JYP Entertainment?

JYP Entertainment is a South Korean entertainment company founded by Park Jin-young in 1997. It is one of the largest entertainment companies in South Korea and is home to some of the most popular K-pop artists, including TWICE, GOT7, DAY6, Stray Kids, and ITZY. Recently, JYP Entertainment has been focusing on expanding its global presence, launching a new label in the United States and signing a strategic partnership with Sony Music Entertainment.