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Summary of video thanks to Reddit's /u/balloon_wanted:
Park Jinyoung was invited to guest speak at the most recent SparkLabs Demoday back in June. SparkLabs Demoday is described to be an investment networking program hosted by Macquarie Group.
Summary of presentation:
  • Special task force to manage one group solely (one group would have 1 marketing, 1 promotional, 1 management, etc.) - first group to experience this 'task force' was TWICE --> JYP plans to create 4 subsidiaries of the company
  • Boy group with all Chinese members - Boy Story
  • Girl group with all Japanese members late next year, early 2020, "think TWICE, but with all Japanese members"
Upgraded "Music Factory" at the new JYP building (first company of its kind in music manufacturing):
  • 9 dance studios
  • 18 vocal rooms
  • 7 producing rooms - located on the 8th floor - 8 producers working on music
  • 11 recording booths
  • 2 mixing rooms
Maintain happiness within the company:
  • work-life balance
  • ready to hire more employees to meet government standards
  • create healthy lifestyles (ex. new organic restaurant at new JYP building costing $1.5 million to serve employees)
  • mental care: hand picked psychiatrist to help maintain mental health of employees

Parts from Q&A period:
  • JYP generally hires trainees younger in age to train in language, usually +1 language on top of native language
  • JYP currently in the process of comeback album
  • 2017 at JYP with regards to successful businesses: Park Jinyoung has stepped back a bit, had removed himself from songwriters, now having 30+ musicians signed to JYP Publishing

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minlulu   2 years ago
Their Music Factory sounds pretty huge haha. They must be expanding to fit with all of the new artists and groups that he will be debuting in the years to come. An all Japanese girl group sounds very cool, I kind of hope they would be like the opposite of Twice though lol. Is Boys Story already debuted? Or are they a future group?
2 years ago
Krypta    minlulu   2 years ago
Pretty sure Boys Story is still a future group. I'm conflicted with the all japanese girl group though, will he go for the jpop market now? I mean I think it's nonsense for him to debuted an all japanese group in korea lmao.
2 years ago
minlulu    Krypta   2 years ago
Who knows, maybe it's for the Jpop market after all. I think if he plans to bring them to Korea, he's just trying something new. And who knows, they might explode. It would be kind of unique if you think about it.
2 years ago
Moonlight   2 years ago
Wow! His English is really fluent, it's really impressive because welp, depending on the person, it's really hard to learn another language that is not your native language (especially English and not only for Koreans but for all Asians, it is difficult for them to speak English fluently, at least I think that way.
2 years ago
nayeoni   2 years ago
A full Japanese girl group! JYP going full-out on the global expansion
2 years ago
highonROA   2 years ago
Dear god jihyo, what is JYP wearing?!!
A tshirt & sweatervest, ugh... I don't want to be judging a book by its cover but that is completely distracting.

2 years ago
Krypta    highonROA   2 years ago
Let's just be glad he's not wearing this again

2 years ago
Moonlight    Krypta   2 years ago
HAHAHAHAHAHA Thanks god nooo!
2 years ago
Kim Kim   2 years ago
After watching this talk, almost 25 minute video. I only got 1 most important information from JYP himself,
JYP The Man, will make a comeback. Very soon. -- PERIOD. End of story. insert boss meme

2 years ago
나야Rv   2 years ago
I totally was very into JYP way back when especially when they debuted Miss A and when Miss A broke up, I was like blaming the company because of it. But now him doing all of those things especially taking care of his idols and employees, I started to like him as a boss. Now I have confidence that Twice landed on the right company that will take care of them. I wish the company well and hopefully, more and more company will follow suit in taking good care of their idols and employee.
2 years ago
Kpop Naked