Composer Shinsadong Tiger will take on a label for LOEN Entertainment.

On September 24th, LOEN Entertainment stated, "This will be a full-fledged label business in which artist management and production will combine to make a multi-label system."

Currently LOEN is revamping their production division, which is responsible for artist management, and separating into different labels.

"LOEN Tree Label" and "Collaboddari Label" have been established to take care of artist management and production business. Most of LOEN Entertainment's main artists will be part of the LOEN Tree Label, and producer Jo Young Chul will manage IU, Sunny Hill, HISTORY, Kim Seok Hun, and Jo Han Sun.

On the other hand, the Collaboddari Label will be under the management of none other than Shinsadong Tiger, and will include ZIA and FIESTAR.