R&D Company, a 'Daesung agency', will join hands with Dreamers Company to expand its IP business

*This content was translated by AI.

RND Company (CEO Choi Seung-yong) will join hands with Dreamers Company (CEO Lee Ki-young) to expand its business.

R&D Company announced on the 5th that it has attracted strategic investment from Dreamers Company, a music IP all-in-one growth partner.

Through this investment, Dreamers Company plans to build a music IP full value chain that extends to music distribution, marketing, performance, MD, and fan platforms, including R&D Company's professional artist management capabilities.

R&D Company is a company specializing in artist production management established in 2021, and includes Big Bang member Daesung (DAESUNG), Lisa, Kisum, and Nam Yoo-jung. In particular, it has been steadily carrying out global projects such as performances and MD, as well as music activities, centering on D-LABLE, an organization dedicated to Daesung. It is also a professional management company that partners with artists such as Baekho, Gyeongseo, Liberante, and LNGSHOT to support their activities.

In addition, we are focusing on building an environment where we can focus only on creativity based on horizontal cooperation with artists, and through this investment, we will show synergy with Dreamers Company in various areas such as music and music distribution, domestic and foreign performance planning, artist-specific MD production, fan community and platform services.

Choi Seung-yong, CEO of R&D Company, said, "Our vision is to create an environment where artists can continue to communicate with fans and continue their music even in their 50s and 60s," adding, "We will create longer-term and three-dimensional growth with Dreamers Company."

Lee Ki-young, CEO of Dreamers Company, said, "This investment is not just a stake investment, but the beginning of a cooperative model for artist IP to continue to grow," adding, "We will increase the value of music IP and create opportunities to grow together through cooperation with the most reliable partners."

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*This content was translated by AI.