The Wave E&M

The Wave E&M was a South Korean entertainment company under The Wave Music. It was originally founded in 2016 as Wellmade Yedang. On July 25, 2018, Kiwi Media Group acquired 100% of the company's stake. The company changed their name to Wellmade Star Ent shortly after its acquisition. They again changed to their current name in 2021. On October 21, 2022, producer Swin Lee said on an Instagram live that The Wave Music was closed due to employees' arrear payment issues, with the staff spills that the company hasn't been paying their wages and severance pay.