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Warner Music Korea Eventually Liquidates 'Uncut Point' 4 Years After Acquisition

[비즈한국] It has been confirmed that Uncut Point, a subsidiary of Warner Music Korea, has been liquidated. Warner Music Korea acquired the record label 'Uncut Point' in 2021. At that time, it acquired a 51% stake in Uncut Point, and in 2023, it acquired the remaining 49% stake. Warner Music Group is considered one of the world's three major record labels, alongside Universal Music Group and Sony Music Entertainment, and Warner Music Korea is the Korean subsidiary of Warner Music Group.

Bizhankook's investigation revealed that Uncut Point was liquidated in September of last year. Uncut Point's revenue from October 2024 to September 2025 was approximately 300 million won, a level that makes it difficult to consider it a functional business. While Warner Music Korea acquired Uncut Point for approximately 2.7 billion won, it effectively failed to produce any significant results.

At the time, artists such as Loopy, Bloo, Owen, Kista, Seo Ja-young, and Creeps were signed to Uncut Point. Uncut Point's subsidiaries included the design studio 'Laundry Office' and the hip-hop label 'MKIT RAIN Records.' Laundry Office had participated in albums for various artists, including girl groups BLACKPINK and ITZY.

At the time of the acquisition, Warner Music Korea expressed its expectations, stating, "We are delighted to be working with Uncut Point, which has infinite growth potential," and "The two companies plan to not only create greater synergy through cooperation but also accelerate the music business." Uncut Point also stated, "We look forward to the artists of both companies interacting in various ways and growing together through active exchanges."

In the early days of the acquisition, Uncut Point's performance was not bad considering the size of the company. According to Warner Music Korea's audit report, Uncut Point recorded 6.84567 billion won in revenue and 2.31964 billion won in net profit from October 2022 to September 2023. However, it turned to a deficit from October 2023 to September 2024, recording 1.2749 billion won in revenue and a net loss of 2.28533 billion won. Management was also not smooth for its subsidiary, MKIT RAIN Records, which faced conflicts with its artists. Eventually, MKIT RAIN Records was liquidated in May 2024.

Uncut Point's Facebook page stopped uploading posts in May 2024, and its Instagram in July 2024. The official Uncut Point website has also been inaccessible since last year.

Within the industry, rumors that Uncut Point had already ceased operations had been circulating since the second half of 2024. It is confirmed that Uncut Point's subsidiary, Laundry Office, was liquidated in May 2024. Artist Bloo, who was signed to Uncut Point, released his 2025 album 'GO MAX' through MPLIFY, a Warner Music Korea affiliate, rather than Uncut Point. It appears that artists formerly under Uncut Point will continue their activities through other Warner Music Korea affiliates, much like Bloo.

Although Warner Music Korea acquired Uncut Point with high expectations, with the liquidation of all its subsidiaries, it has become difficult to even find traces of it now. Bizhankook attempted to contact Warner Music Korea for comment on the matter but did not receive a response.