Dreamus Company Partners with 'Yoon Jong-shin's Company' Mystic Story... 50 Billion KRW Distribution Contract

Signed Large-Scale Distribution Contract with Mystic Story
Secured Music and Album Distribution Rights, Creating Synergy in MD and Other Areas
CEO Kim Dong-hoon: "We Will Accelerate Strengthening Our IP Business Capabilities"

Dreamus Company, an affiliate of SK Square, has signed a large-scale content distribution contract with comprehensive entertainment company Mystic Story, accelerating the expansion of its IP (intellectual property) business. On the 21st, Dreamus Company announced that it had signed a content distribution advance contract worth 50 billion KRW with Mystic Story. It will exclusively distribute the music and albums of artists under Mystic Story worldwide and plans to expand cooperation in areas such as MD and performances.

Additionally, Mystic Story is expected to strengthen its content production capabilities through securing large-scale investment funds. Previously, the two companies, which have collaborated on various projects such as the distribution of the music brand ‘Monthly Yoon Jong Shin’ led by Mystic Story’s chief producer Yoon Jong Shin and the concert planning for their artist LUCY, plan to seek more aggressive synergy creation through this contract.

Mystic Story is a content company leading popular culture with a wide range of business areas including singer, MC, and actor management, as well as entertainment, drama, performance, and film production, offering differentiated content. It houses talented artists who possess both musicality and popularity, including chief producer and singer Yoon Jong Shin, Son Tae Jin, a member of JTBC’s ‘Phantom Singer’ inaugural winning team ‘Forte di Quattro,’ LUCY, who has established herself as a representative of the ‘K-band scene,’ and Billlie, who is receiving much love as a global trend.

Dreamus Company distributes music and albums from major domestic producers such as JYP Entertainment and P NATION. It is also strengthening its IP business capabilities through a partnership with Beyond Music, the largest music investment company in Korea. Through strategic cooperation with Mystic Story, Dreamus Company plans to create IP business results in various fields such as MD, performances, and content by leveraging not only music and albums but also the strong artist IP possessed by Mystic Story, while also seeking the growth of the artists.

Kim Dong Hoon, CEO of Dreamus Company, said, “Starting with strategic cooperation with Mystic Story, which holds diverse and powerful artist IPs, we will accelerate the strengthening of Dreamus Company’s IP business capabilities by creating synergies with various IP production companies.”

This content was produced with the assistance of AI translation services.