RND Company is joining hands with Dreamus Company to expand its business.
On the 5th, RND Company said it had attracted strategic investment from Dreamus Company, an all-in-one growth partner for music IP.
Dreamus Company plans to jointly build RND Company's music IP full value chain, encompassing professional artist management capabilities as well as music distribution and marketing, concerts, merchandise, and fan platforms.
RND Company, established in 2021, is a company specializing in artist production management, representing Big Bang member Daesung (DAESUNG) as well as Lisa, Kisum, Nam You Joung and others. In particular, centered on Daesung's dedicated organization "D-LABLE (D-LABLE)", it has consistently carried out global projects including music activities, concerts and merchandise. It is also a professional management company that supports activities through partnerships with artists such as Baekho, Kyungseo, Liberante and LNGSHOT.
In addition, based on a horizontal cooperative relationship with artists, it is striving to build an environment where they can focus solely on creativity, and through this investment it plans to show synergy with Dreamus Company in various areas such as music and record distribution, domestic and international concert planning, artist-focused merchandise production, and fan community and platform services.
RND Company CEO Choi Seung-yong said, "Our vision is to create an environment where artists can continue to communicate with fans and carry on their music into their 50s and 60s," adding, "We will create more long-term and multidimensional growth with Dreamus Company."
Dreamus Company CEO Lee Ki-young said, "This investment is not simply an equity investment but the beginning of a cooperative model that allows artist IP to grow continuously," adding, "Through cooperation with the most trusted partners, we will enhance the value of music IP and create opportunities to grow together."
[Photo] RND Company, Dreamus Company
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