'Entertainment Industry Focused on Printing'… YG Plus Subsidiary Forest Factory Attracts Investment from HYBE and JYP

Fandom Market Focused on 'Good Consumption', Eco-Friendly Printing in Spotlight

Entertainment-specialized printing company Forest Factory announced on the 18th that it has secured Series A investment from HYBE, JYP Entertainment, and printing specialist Yein Misul.

Exterior view of the Forest Factory building.
[Photo by YG Plus]

Forest Factory, a subsidiary of YG Plus, was established in the Paju Publishing Complex in September last year. The company leads ESG (Environmental, Social, and Governance) within the entertainment infrastructure by utilizing eco-friendly materials and printing techniques.

In particular, based on its superior offset and digital printing technology facilities, the company has shown rapid growth through the production of K-pop albums and goods (MD). Forest Factory’s parent company, YG Plus, ranked first in market share by accounting for 41.5% of total album distribution in the first half of the year (according to Circle Chart).

With this investment, Forest Factory plans to build strong partnerships with major domestic entertainment companies, introduce transparent and fair systems in the album production market, and create an improved industry environment.

Jang Se-hyun and Lee Dong-heon, co-CEOs of Forest Factory, stated, "We will grow into a global entertainment printing infrastructure specialist and actively address recent market issues and challenges such as eco-friendliness to create market guidelines that satisfy both the market and our partners."