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Avex Inc.
Avex Inc. (Japanese: エイベックス株式会社, romanized: Eibekkusu kabushiki gaisha /əˈvɛks/ /ˈeɪvɛks/, commonly known as Avex and stylized as avex) is a Japanese entertainment conglomerate led by founder Max Matsuura and headquartered in Tokyo, Japan. Founded in 1988, the company manages J-pop talents like Ayumi Hamasaki, TVXQ! and internet sensation PikoTaro. It has also shifted into other business domains like anime, video games and live music events, partnering with Ultra Music Festival and hosting the annual A-nation. The company is a member of the Mitsubishi UFJ Financial Group (MUFG) keiretsu.
AVEX is an acronym of the English words Audio Visual EXpert.[citation needed] Since its foundation, its corporate name was Avex D.D., Incorporated, and ten years later it was changed to Avex, Incorporated.
The current name, Avex Group Holdings, Incorporated, was adopted in 2004 as part of reconstruction process after Tom Yoda's resignation. Avex Group Holdings, Incorporated was used for the main subsidiaries, while the old name (Avex, Incorporated) was for entertainment components of the Group.
In 2005, Avex, Incorporated became Avex Entertainment, Incorporated, and stayed on as part of the Group.
Avex was registered June 1, 1973, as Avex D.D. Incorporated (エイベックス・ディー・ディー株式会社, Eibekkusu Di Di Kabushiki Gaisha), although it did not become established until 1988. They began as a CD wholesaler based in Machida, Tokyo. In September 1990, they opened a recording studio and created Avex Trax as a music label. In the same year, they created "Musique Folio Inc.", a music publishing company, which became "Prime Direction Inc."
In 1993, they transferred to Aoyama, Tokyo and created a U.S. branch, called "AV Experience America Inc." The year also marked the first of Avex's yearly events. It was held in Tokyo Dome under the name "avex rave '93" and attracted 50,000 attendees. This led to the creation of the Cutting Edge label.
In 1994, they formed two UK subsidiaries, "Rhythm Republic Limited" and "Avex U.K. Limited". Later that year, they opened a disco, claimed on their website to be "the world's largest scale disco", named Velfarre.
In 1997, they opened a series of concert halls called "Zepp" with Sony Music Entertainment Japan. In early 1999, they signed an agreement with Walt Disney Records and Hollywood Records (record labels both owned by The Walt Disney Company) to handle the companies' Japanese CD releases, after WDC had taken a small stake in Avex the previous year. Later that year "Avex Mode", an animation company, was established. In December, the company was listed on the 1st section of the Tokyo Stock Exchange under the ticker symbol 7860.
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Avex Inc.
Avex Inc. (Japanese: エイベックス株式会社, romanized: Eibekkusu kabushiki gaisha /əˈvɛks/ /ˈeɪvɛks/, commonly known as Avex and stylized as avex) is a Japanese entertainment conglomerate led by founder Max Matsuura and headquartered in Tokyo, Japan. Founded in 1988, the company manages J-pop talents like Ayumi Hamasaki, TVXQ! and internet sensation PikoTaro. It has also shifted into other business domains like anime, video games and live music events, partnering with Ultra Music Festival and hosting the annual A-nation. The company is a member of the Mitsubishi UFJ Financial Group (MUFG) keiretsu.
AVEX is an acronym of the English words Audio Visual EXpert.[citation needed] Since its foundation, its corporate name was Avex D.D., Incorporated, and ten years later it was changed to Avex, Incorporated.
The current name, Avex Group Holdings, Incorporated, was adopted in 2004 as part of reconstruction process after Tom Yoda's resignation. Avex Group Holdings, Incorporated was used for the main subsidiaries, while the old name (Avex, Incorporated) was for entertainment components of the Group.
In 2005, Avex, Incorporated became Avex Entertainment, Incorporated, and stayed on as part of the Group.
Avex was registered June 1, 1973, as Avex D.D. Incorporated (エイベックス・ディー・ディー株式会社, Eibekkusu Di Di Kabushiki Gaisha), although it did not become established until 1988. They began as a CD wholesaler based in Machida, Tokyo. In September 1990, they opened a recording studio and created Avex Trax as a music label. In the same year, they created "Musique Folio Inc.", a music publishing company, which became "Prime Direction Inc."
In 1993, they transferred to Aoyama, Tokyo and created a U.S. branch, called "AV Experience America Inc." The year also marked the first of Avex's yearly events. It was held in Tokyo Dome under the name "avex rave '93" and attracted 50,000 attendees. This led to the creation of the Cutting Edge label.
In 1994, they formed two UK subsidiaries, "Rhythm Republic Limited" and "Avex U.K. Limited". Later that year, they opened a disco, claimed on their website to be "the world's largest scale disco", named Velfarre.
In 1997, they opened a series of concert halls called "Zepp" with Sony Music Entertainment Japan. In early 1999, they signed an agreement with Walt Disney Records and Hollywood Records (record labels both owned by The Walt Disney Company) to handle the companies' Japanese CD releases, after WDC had taken a small stake in Avex the previous year. Later that year "Avex Mode", an animation company, was established. In December, the company was listed on the 1st section of the Tokyo Stock Exchange under the ticker symbol 7860.