JYP’s Park Jin-young, Jung Wook, and Shin Hyun-kook Named in Billboard Power 100

Park Jin-young, founder of JYP Entertainment and its Chief Creative Officer, along with CEO Jung Wook and JYP America’s CEO and Chief Strategy Officer Shin Hyun-kook, were included in Billboard’s “2026 Billboard Power 100” released on January 28 (local time). The three executives ranked 12th in the multi-sector category.

Billboard cited JYP’s record-breaking sales in the second quarter of 2025, driven by K-pop’s global popularity, as the reason for their inclusion. It stated, “JYP achieved record-breaking sales in the second quarter of 2025 thanks to K-pop’s worldwide appeal.” In particular, the success of Stray Kids’ world tour “Stray Kids World Tour < dominATE >” played a key role.

Billboard emphasized that while JYP also performed well in album sales and streaming, the highlight of that quarter was Stray Kids’ tour. In the second quarter of 2025, JYP’s concert revenue and merchandise sales surged by 342% and 356%, respectively, compared to the same period the previous year.

Stray Kids attracted approximately 491,000 fans across 13 performances in North America, generating $76.2 million in revenue. Billboard described this as “the K-pop tour with the highest sales volume and revenue in North America based on Billboard Boxscore data.” Shin Hyun-kook, who oversees JYP America, led efforts to expand the company’s presence in North America, contributing to the tour’s success.

JYP’s ability to develop artists was also a significant factor in its selection. Billboard noted, “The competitiveness of K-pop agencies depends on their talent development capabilities, and JYP has successfully nurtured groups such as IVE, NMIXX, Highlight, and KickFlip.”

The Billboard Power 100 recognizes leaders who exert substantial influence across various segments of the music industry each year, including labels, publishing, live events, multi-sector operations, and management. This year’s list included Lucian Grainge, chairman of Universal Music Group, and Michael Rapinoe, CEO of Live Nation.