Stone Music Entertainment is no longer in business.
Stone Music Entertainment applied to close its company on April 8, according to Sports Kyunghyang, and a source close to CJ ENM said, “CJ ENM is focusing on reorganizing its sub-labels for efficiency.”
“We have liquidated Stone Music,” CJ ENM said in response. We did so in order to improve management performance and deliver more efficient services to our musicians. Stone Music will continue to operate as a music distribution brand.”
Son Ho Young of g.o.d, SG Wannabe’s Kim Yong Jun and Kim Jin Ho, Davichi, Eric Nam, Roy Kim, and TO1 were among the artists handled by Stone Music Entertainment.
It’s expected that they’ll be switched to a different label.
AOMG, H1GHR Music, MMO Entertainment, Swing Entertainment, and Off The Record Entertainment are among CJ ENM’s sub-labels.
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