It was recently announced that South Korean entertainment and media contents company CJ E&M has acquired hiphop label AOMG (CEO: Jay Park, Simon Dominic). See the article for more details.
On January 6, a CJ E&M representative stated, “We recently acquired AOMG, a hiphop label respected for their trendy music. The label will continue to create music and operate freely, while CJ E&M will be responsible for aspects such as marketing, global networking and relations, with the plan to bring their hiphop and R&B music to the global market.”
https://twitter.com/AOMGOFFICIAL
https://twitter.com/CJMusicLive
Source: HIPHOPPLAYA
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