Lunafly Wants You to Direct Their “Stardust” MV! Special Contest

Have you ever dreamed of filming and producing a legit K-Pop music video?

Legit as in it will be uploaded on the agency’s official Youtube channel as the official music video. Who knows? It could end up being played after your favorite Korean drama, music program, or variety show on Korean national television. Woah! What a better way to get your foot in the door? Or you can just do it for fun and it would be really random and cool to put it down on your resume- if you’re applying for a job that’s not related to the entertainment industry, that is.

Anyhoo, Soompi teamed up with Nega Networks to bring you this awesome opportunity where you can be the music video director behind Lunafly’s just released track “Stardust.” The project is called “I Am A Movie Director.” You can make it yourself or plan it with your friends. There can be an awesome storyline or you can have the Lunafly members against the backdrop of your country’s beautiful scenery.

Be creative. Go crazy! Be original! And remember, have fun.

Details

Submission period: August 26 to September 15 (the deadline is 11:59pm, KST)

Material

The single and instrumental version is available at iTunes! ~> Click here

How to submit:

(1) Upload MV onto Youtube

(2) Title MUST include: “Lunafly – Stardust (made by: your name, your country)

(3) Comment on this page with: Your Youtube link and Twitter account

What to include in the video:

So, what are you waiting for? Put on your thinking caps and let the fun begin!

soompi

2PM accounts for 79.91% of JYP Entertainment's profits in first half of 2013

After JYP Entertainment's US branch suffered a heavy blow, the company ended up in the red for the past fiscal year.

According to Korea's Financial Supervisory Service, in the beginning of the year, JYP Entertainment earned 9,900,000,000 KRW (approximately $8,890,000 USD) in sales, and 2,000,000,000 KRW (approximately $1,796,000 USD) in net profit. However, taking last year into account, the company had a net loss of 400,000,000 KRW (approximately $359,200 USD). The loss came from JYP's United States branch JYP Entertainment Corporation, where JYP holds 90% of the stocks. 

SEE ALSO: 2PM tease Jun.K on the possibility that he has a girlfriend?

Because of this, the JYP Entertainment stock on the KOSDAQ fell 6% to 16,620 KRW (approximately $15 USD). JYP Entertainment still has some risk because of the fact that 2PM makes up most of JYP Entertainment's profits. 2PM was responsible for 61.63% of JYP Entertainment profits in 2011, which rose to 72.42% in 2012. So far in 2013, it rose to an even higher 79.91%.


allkpop

J.Tune, Starship, & WM Entertainment mentioned as some of the possible candidates for next merger with SM C&C

Ever since the merger between Woollim Entertainment and SM C&C, music fans have been eager to learn whether any more mergers may be coming about, and the simple answer is probably yes.

This shouldn't be a surprise as with the previous merger, SM Entertainment, the biggest shareholder of subsidiary SM C&C, clearly revealed their hopes of becoming a leading global music group like that of Universal Music Group, Sony Music Entertainment, and Warner Music Group.

In order to reach such a level, SM will need to bring in several agencies under them to become a major label or a group like the aforementioned three.

One previous report mentioned that insiders in the music industry claimed, "With Woollim as a start, there is a rumor that several companies will be going under the SM label. There are several that are already being discussed. Although many agencies are venturing into the overseas market riding on Hallyu, it's hard for them to catch up to the know-hows and network of SM, who has built up a long history... Making good music and producing singers is a separate issue from marketing them. If they are able to distribute these responsibilities through label mergers, then it is a win-win situation for everyone."

Regarding all this, a SM C&C rep did not deny it, but also didn't give specific details as he said, "As we have started a label business, we will be pursuing more label-joinings with various companies. There is a possibility open with various companies. Through this project, we look forward to an effect of simultaneous growth between SM Ent and various labels."

Since this article, a more recent one has surfaced, naming three companies in particular among the mid-tier agencies that are currently being discussed for a merger: J.Tune Camp (representative artist: MBLAQ), Starship Entertainment (representative artist: SISTAR), and WM Entertainment (representative artist: B1A4).

A rep from one of these companies is said to have cautiously responded, "It is true that we have discussed with SM before, but nothing has been decided upon."

The article mentions that it seems like these companies are waiting to see how it works out for INFINITE, TASTY, and NELL under Woollim. If SM can help INFINITE's new world tour see much success, it's expected that the next merger for SM may happen soon.

How do you feel about all this? Is there a specific company you'd want to see join in?




allkpop