This is the 8201st most frequent Korean word.
jyp
"JYP" is not a Korean word but refers to JYP Entertainment, a South Korean entertainment company.
In this sentence, 'JYP' refers to the name of a popular music company, specifically the acronym of JYP Entertainment.
JYP는 한국에서 유명한 음악 기획사입니다.
JYP is a famous music agency in Korea.
Here, 'JYP' represents the entity that is performing an action, i.e., debuting a new idol group, indicating the company's activities.
JYP는 새로운 아이돌 그룹을 데뷔시켰어요.
JYP debuted a new idol group.
In this usage, 'JYP' is marked as a possessive noun indicating association or ownership, in this case, of its representative.