#‿ ⁎ LACY.mbe
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lacy-o-meter · 9 months ago
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⁽ LOST IN MY MEMORIES ⁾ ⁎ MBE ¸ the shorthand of memory bank entertainment, is a south korean company that specializes in music production. the company was founded in 2006 by jang minho, a successful producer who wanted more control in his music.
minho started off by debuting his first boy group in 2007, PASTPACE who was known for their vocals but were severely mismanaged by the company. they only released three albums before being shelved for the next big thing: BLOOSOOM. their first girl group debuted in 2009 with moderate success, especially with older male fans. the group faced multiple lineup changes throughout their four years of activity, and by their disbandment none of the original members were in the group.
in 2013 both groups terminated their contracts with memory bank and officially disbanded. a couple months later, the company faced several lawsuits from investors and businesses as they hadn't seen any profit or been paid by the company. multiple employees also came forward about not being paid, and so the investigation into the company began. memory bank temporarily shut down from 2013-2015, calling it a 'period of restructuring' although they had gone bankrupt.
by 2016, memory bank had been bought out by clockwork creative, a controversial decision since clockwork is one of the biggest entertainment companies in the country. the entire company was actually rehauled, and jang minho had been removed from the company since the lawsuits happened. eun jangmi, a young but rising employee at clockwork, was chosen as CEO for memory bank due to her creativity and strict work ethnic, along with her knowledge of the industry. within a year, the company was completely unrecognizable and suddenly the future seemed bright.
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⁎ … … JANGMI EUN, also known by her former stage name EUNMI was born south korea, and the history of her family is unknown. jangmi was a member of the legendary girl group SUMONE'S GIRL and debuted when she was 14 under clockwork creative. jangmi was one of the most popular members in the group, but decided to go solo after their contract expired in 2015- however she never released any music.
she was approached by clockwork's ceo kim hyunwoo and offered a 'creative leadership position' which jangmi gladly accepted. she was made CEO of memory bank entertainment in late 2015, and despite being underestimated due to her age and inexperience, the company completely shifted into something new.
being a bit close in age to the new group LACY, jangmi is extremely close to the group and is often called their older sister. she is the first reason the member's list when recalling why they joined the disgraced company. ⋯ BIRTHDAY ⁙ july 5, 1994 ⋯ ZODIAC ⁙ cancer ⋯ BIRTHPLACE ⁙ seoul, south korea ⋯ HOMETOWN ⁙ unknown, seoul ⋯ NATIONALITY ⁙ korean ⋯ YEARS TRAINED ⁙ 3~ months ⋯ POSITIONS ⁙ main vocal, maknae ⋯ FACECLAIM ⁙ han sohee
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⁎ … … DOWON KWAK, was born in south korea to an artistic family, both of his parents are accomplished musicians which gave him an instant foot into any musical pursuits. however, dowon's interest was more in illustration and directing. although he learned music to please his parents, he went to school for film and began working at various production companies before getting lured in by eun jangmi.
dowon is the creative director of everything memory bank's new group LACY does. some of his decisions have been controversial, but his vision is part of what has brought the group success. it is noted in interviews that the girls are close to dowon, but they do not get any creative freedom or say when it comes to their concepts, music, and other decisions. ⋯ BIRTHDAY ⁙ october 6, 1995 ⋯ ZODIAC ⁙ libra ⋯ BIRTHPLACE ⁙ seoul, south korea ⋯ HOMETOWN ⁙ gangnam , seoul ⋯ NATIONALITY ⁙ korean ⋯ FACECLAIM ⁙ lee dohyun
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lacy-o-meter · 9 months ago
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⁽ now that's what i call ⁾ ⁎ tag dump
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