Prestigious drama production company Pan Entertainment has revealed that it has set its sights of expansion into the lucrative K-Pop music market. Pan Entertainment is most known for its work with the hit drama, 'Winter Sonata', back in 2002, and has focused its production on TV content ever since. This year, they earned over $3 million USD in drama exports alone. They weren't always a drama production company, as they initially started out as a music production company for stars like Lee Jung Hyun, Psy, and Cho PD. On October 26th, however, Pan Entertainment revealed that they have expanded their company to get back into the music market. They've been holding auditions every week to discover new talents, and currently have about 30 trainees receiving intense training for a future debut. To house their future talents, they're currently constructing a 6,000-pyeong (over 213,000 square feet) building called the 'Global Media Contents Center', complete with a music production studio, lesson hall, and choreography hall. Next year, the company will be seeing the debut of their very own girl group and female soloist, as well as several other teams currently in the making. CEO Park Young Suk shared, "We have experience in the music market with the production of OSTs so we have the know-how and the system for the music industry. We'll be creating a synergistic effect with our TV content to bring out the best of our artists." Source + Photos: OSEN via Nate
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Pan Entertainment expands company to enter music market with a new girl group
Posted by 42 pts Wednesday, October 26, 2011
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