The story
History
2010–2014: Early formation and debut of Mamamoo
Kim Jin-woo originally was the representative director of Cube Entertainment's Music Cube. Kim Jin-woo was in charge of the practice room rental business and then expanded his business with opening AN Bridge, Rainbow Bridge Academy and ENB Academy Practical Music Academy, which integrated under the name Modern & Bridge. On March 5, 2010, he later established the first OEM company, Rainbow Bridge Agency, which operates to train students who are not trainees with similar process as the regular entertainment company, such as vocal, dance, acting, language, etc.
In August 2011, Hwang Sung-jin (former Music Cube producer) and Kim Do-hoon (former Music Cube director) joined Kim Jin-woo's Modern & Bridge and took representative and director positions.
In March 2012, Kim Do-hoon joined corporation with Rainbow Bridge Agency's established music label, WA Entertainment. On August 16, WA Entertainment along with Brand New Music debuted Hip hop trio Phantom. In December 2012, Hip hop duo Geeks signed with WA Entertainment.
On June 18, 2014, WA Entertainment debuted its first girl group Mamamoo. They would go on to become the label's first successful artist and most profitable group. Beyond achieving commercial success both domestically and overseas as a group, all four members of Mamamoo have established themselves as solo artists in the K-pop industry.
In August, WA Entertainment debuted composer Esna as a solo singer. In September 2014, WA Entertainment along with TSN Entertainment debuted brother duo OBROJECT.
2015–2020: Merger into RBW, subsidiaries & debut of Oneus and Onewe
In March 2015, WA Entertainment merged with Rainbow Bridge Agency to create an independent label RBW (acronym for Rainbow Bridge World). In September 2015, Yangpa signed with RBW. In December 2015, rapper Basick and Big Tray signed with RBW.
In June 2016, Monday Kiz signed with RBW. On July 12, 2016, RBW debuted vocal group Vromance.
On June 9, 2017, RBW confirmed that rock band M.A.S 0094 joined the label, as well as the changing of the band name to MAS (acronym for Make A Sound).
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In May 2018, Jinju, the winner of Vietnam's Hidden Singer joined RBW as its first artist in Vietnam. In February 2020, RBW Vietnam debuted D1verse, the first Vietnamese musical group under a Korean label.
On January 9, 2019, RBW debuted the six-member boy group Oneus. On May 13, boy band MAS made its re-debut as Onewe. Onewe and Oneus are considered to be brother groups, and share a history of collaborations, including a pre-debut single "Last Song" featuring all eleven members together. They also share real twin brothers, one in each group; Xion (the youngest in Oneus) and Dongmyeong (the keyboardist and lead vocal in Onewe).
2021–2022: Public listing, acquisitions & Wheein's departure
On March 15, 2021, RBW debuted the 7-member girl group Purple Kiss. On April 7, it was announced that RBW purchased the 70% shares of WM Entertainment, which houses idol groups such as B1A4 and Oh My Girl. They will be merged into RBW as a subsidiary.
On June 11, RBW issued a statement confirming that Wheein would not renew her exclusive contract with the agency, although she will continue to promote with Mamamoo for group activities as she has signed an expanded agreement to participate in some activities, including albums and concerts, until December 2023. On November 22, RBW began public offering on KOSDAQ.
On January 26, 2022, it was announced that RBW purchased the 39.1% shares of DSP Media, which houses idol groups such as Kard and Mirae. They will be merged into RBW as a subsidiary. Kim Jin-woo, founder and CEO of RBW, has also become a CEO of DSP Media. On December 14, it was announced that DSP Media has merged with Goodfellas Entertainment on December 1, obtaining all exclusive rights to Goodfellas' artists and intellectual property.
On September 19, 2022, it was announced that Kara would be releasing an album under RBW to commemorate the 15th anniversary of their debut in November, with Nicole and Jiyoung rejoining the group. The group was originally formed by DSP Media, which RBW had acquired earlier in the year. Their extended play, titled Move Again, was released on November 29, with its first reveal taking place at the 2022 MAMA Awards in Japan.On December 29, it was announced that RBW acquired 50 percent of Urban Works Media for ₩10 billion ($7.88 million) to become the largest shareholder of the label. The deal was signed on January 2, 2023, and the payment will be made in full by the first half of 2023.
2023–present: Recent developments
On June 1, 2023, it was announced that DSP will be taking over the actor management business of Jikim Entertainment and Urban Works Media, Jikim's former CEO Kim Jin-il will be leading the actor's department at DSP.
RBW took over music production for soloist Lee Chae-yeon's second extended play, Over the Moon which was released on April 12, 2023. Though reception was initially lukewarm, the album's lead single "Knock" became a sleeper hit thanks to its popularity in TikTok challenges and peaked at 25 on Melon's real-time Top 100 Chart.
In June 2023, it was reported that Contents X, a subsidiary established by RBW in 2019, was responsible for the global marketing for the unexpected hit song "Cupid" by South Korean girl group Fifty Fifty which went viral worldwide and charted on the Billboard Hot 100 and the UK Singles Chart.
On July 16, 2023, RBW held its first large-scale family concert titled RBW 2023 SUMMER FESTIVAL: Over the Rainbow which featured various artists from their roster including Mamamoo+, B1A4, Oh My Girl, ONF, Oneus, Lee Chae-yeon and many more. Held at a sold-out SK Olympic Handball Gymnasium in Olympic Park, Seoul, the four-hour concert encompassed a wide range of hit songs from each artist as well as special collaboration stages. A Japanese edition of RBW 2023 SUMMER FESTIVAL: Over the Rainbow is scheduled to take place over two days at the Tokyo Garden Theater from August 19–20, the following month.
2011
1st Korean Music Copyright Awards - Composer in Rock category [CEO Kim Do Hoon, Lee Sang Ho]
2014
6th MelOn Music Awards - Best Songwriter [CEO Kim Do Hoon]
4th Gaon Chart KPop Awards - Composer of the Year [CEO Kim Do Hoon]
2015
1st KOMCA Awards - Grand Prize in Composition, Popular Music [CEO Kim Do Hoon]
Korean Ministry of Commerce, Industry & Energy - Young Entrepreneur [CEO Kim Jin Woo]
Seoul Metropolitan Police Agency - Commissioner's Commendation for Appreciation [CEO Kim Jin Woo]
2016
Korea Business Management Awards - Best in Popular Culture [CEO Kim Jin Woo]
2017
3rd KOMCA Awards - Grand Prize in Composition, Popular Music [CEO Kim Do Hoon]
1st Soribada Best K-Music Awards - Best Producer [Seo Yong Bae and Iggy]
Korea Entertainment Producers Association - Organizer of the Year [CEO Kim Jin Woo]
2018
2nd Soribada Best K-Music Awards - Best Producer [CEO Kim Do Hoon]
Vietnam V LIVE 2017 - Best Program Award [CEO Kim Jin Woo]
2019
Korean Ministry of Culture, Sport, and Tourism - Minister's Prize [CEO Kim Jin Woo]
2020
17th Korea Startup Award - Minister of Small and Medium Venture Business Award [CEO Kim Jin Woo]
4th Soribada Best K-Music Awards - Best Producer [CEO Kim Do Hoon]
From Wikipedia’s article on RBW (company), shared under CC BY-SA 4.0.4