KOZ Entertainment The Latest To Join Big Hit Labels As The Agency Acquires Zico’s Company
Big Hit Entertainment begins the process to acquire Zico’s self-established agency, KOZ Entertainment!
After rumors circulated earlier this year regarding a possible partnership between Big Hit Entertainment and Zico, the agency officially begins the process of acquiring Zico’s agency, KOZ Entertainment. On November 18, Big Hit Entertainment announced its plans to take over KOZ Entertainment. The agency is home to ZICO, the leading hip-hop soloist and producer.
KOZ Entertainment was founded by ZICO in November 2018, and also manages Dvwn who was recruited in November 2019. This is only one of the major-industry moves Big Hit Entertainment made this year. The agency also founded Belift Lab with CJ ENM last year, acquired Source Music, as well as Pledis Entertainment.
As KOZ Entertainment joins Big Hit Labels, the agency will gain strengths such as expanding its artist IP. Additionally, its music production capabilities grow with the talented ZICO now joining its family artists.
Seung Hyun Yoo, CEO of KOZ, stated, “The philosophy of KOZ, which strives for innovation in the music industry, and Big Hit, which is innovating the business model of the music industry, values artists and contents in similar ways. We will do our best to discover and promote global business in earnest.”
Meanwhile, Big Hit Chairman Bang Si Hyuk commented, “I am happy to be with ZICO, the best producer and artist in Korea. Through Big Hit’s global network and systematic music production system, KOZ artists are looking forward to having big success in the global market.”
This partnership subsequently follows ZICO’s participation in I-LAND. The reality show was created by Belift Lab, the joint venture between Big Hit Labels and CJ ENM. Fans witnessed ZICO working with Big Hit Entertainment’s Bang Si Hyuk, in addition to other Big Hit producers. Their great work chemistry was clear throughout the series. Following this new agency acquisition, fans may expect even more collaborative efforts in the future.
Image Source: Big Hit Entertainment
Video Source: Mnet K-POP
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