P Nation

Following Psy's departure from YG Entertainment in 2018, Psy founded his own entertainment company, P Nation.^[6] Psy announced the first artist signed to his label in January 2019, the rapper Jessi.^[7] Later that month P Nation signed Hyuna and Dawn, after their joint departure from Cube Entertainment.^[8]

Following the announcement of the establishment of P Nation, the stock of DI Corporation, owned by Psy's father, rose for eight consecutive days, despite the companies having no business connections.^[9]

In April, SK Telecom invested 5 billion won in the company as part of their content investment strategy, bringing their sharehold to ten percent.^[2][10] In June, P Nation signed the singer Crush.^[11]

In September 2020, Heize, a rapper and singer previously signed to Stone Music Entertainment, was signed to the label.^[12] In November, it was announced that P Nation would join with JYP Entertainment to host a new survival reality show, titled Loud, that would result in two new boy groups, one from each company. The program aired in 2021, following global auditions for the program.^[13] In December, P Nation signed D.Ark, a rapper who appeared on Show Me the Money 777, Show Me the Money 9 and High School Rapper 4.^[14]

In April 2021, Penomeco and Swings were each announced to have signed with P Nation.^[15] On November 12, 2021, it was confirmed that D.Ark had left P Nation.^[16]

On May 17, 2022, P Nation debuted their first boy group, TNX, with 6 members.^[17][18] On July 6, 2022, it was announced that Jessi would be leaving P Nation after 3 years.^[19] On August 29, Hyuna and Dawn also left the label.^[20][21] In October 2022, P Nation launched an online fan forum called SoPSYety, based on non-fungible tokens (NFT).^[22]

On June 30, 2023, Hwasa signed with P Nation while performing on stage at founder Psy's Summer Swag concert.^[23] On September 15, P Nation officially signed An Shin-ae of The Barberettes.^[24]

In July 2022, Psy's Summer Swag concerts were under investigation for audience transmission of COVID-19. South Korea's Central Disaster and Safety Countermeasure Headquarters had received multiple reports from people who claimed to have contracted COVID-19 after attending a music concert that "sprays water".^[25] In August 2022, P Nation offices were raided by authorities investigating the death of a construction worker at a concert venue.^[5] The construction worker, in his 20's, had fallen to his death while dissembling Psy's Summer Swag concert venue.^[26]

• The New Six

• Psy^[27]
• Crush
• Heize
• Swings
• Hwasa
• An Shin-ae
• Daniel Jikal

• D.Ark (2020–2021)^[28]
• Jessi (2019–2022)^[19]
• Hyuna (2019–2022)^[20]
• Dawn (2019–2022)^[20]
• Penomeco (2021-2024)^[29]

• Official website