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Archive by category K Wave

‘Saimdang’ Earns Net Profit, Recoups 75 Pct of Budget from Overseas

‘Saimdang’ Earns Net Profit, Recoups 75 Pct of Budget from Overseas

SEOUL, May 4 (Korea Bizwire) – “Saimdang, Memoir of Colors,” an anticipated high-budget TV series that has yielded weaker-than-expected results, has managed to earn a net profit thanks to strong performance overseas, according to the its production company Thursday.  According to production agency GROUP 8, the SBS TV drama earned 17 billion won (US$15 million) [...]

Nostalgia Boom Attracts ‘Forgotten’ K-Pop Celebs to Make Comebacks

Nostalgia Boom Attracts ‘Forgotten’ K-Pop Celebs to Make Comebacks

SEOUL, May 4 (Korea Bizwire) – Even before the term “K-pop” entered the global pop culture lexicon in the mid 2000s, South Korea did have a big and vibrant pop music scene.  During the ’80s and ’90s, Korean pop music — then, and still, commonly referred to as “gayo” at home — was influenced heavily [...]

‘Guardian’ Sweeps Five Awards from U.S. Asian Drama-Streaming Site

‘Guardian’ Sweeps Five Awards from U.S. Asian Drama-Streaming Site

SEOUL, April 28 (Korea Bizwire) – South Korea’s most-viewed cable TV series “Guardian: The Lonely and Great God” has won five awards from an annual drama awards hosted by an American online Asian drama-streaming site.  The drama’s star Gong Yoo received best actor of 2016 in the fifth DramaFever Awards announced on its website on [...]

Psy to Release New Full-length Album in May

Psy to Release New Full-length Album in May

SEOUL, April 24 (Korea Bizwire) – Psy of the 2012 pop sensation “Gangnam Style” will release his eighth full-length album next month marking his comeback after a hiatus of a year and a half, his agency said Friday. YG Entertainment said the South Korean singer-rapper, whose real name Park Jae-sang, has finished filming two accompanying music videos. The company previously said that [...]

K Pop Girl Group BLACKPINK’s “Whistle’ Hits 100 mln YouTube Views

K Pop Girl Group BLACKPINK’s “Whistle’ Hits 100 mln YouTube Views

SEOUL, April 15 (Korea Bizwire) – The “Whistle” music video by BLACKPINK, one of K-pop’s biggest breakout stars from last year, surpassed 100 million views on YouTube on Saturday, the group’s agency said. The video hit 100,143,704 views as of 7 p.m., eight months after it was uploaded on the global video sharing service last [...]

Report Shows Fading Popularity of “Korean Wave”

Report Shows Fading Popularity of “Korean Wave”

SEOUL, April 11 (Korea Bizwire) – The global popularity of hallyu (the Korean Wave) content is gradually waning.  Based on an online survey of 7,200 consumers from 15 countries in six continents (from October to December 2016), Monday’s report by the Korean Foundation for International Cultural Exchange showed that only 31 percent of the respondents had [...]

CJ E&M to Open ‘Hallyu’ Channels in Malaysia, Vietnam, Hong Kong

CJ E&M to Open ‘Hallyu’ Channels in Malaysia, Vietnam, Hong Kong

SEOUL, April 3 (Korea Bizwire) – CJ E&M, South Korea’s leading entertainment and media content company, said Monday it will open new channels exclusively for airing “hallyu” content in Malaysia, Vietnam and Hong Kong.  The company said it will launch a Korean movie channel “tvN Movies” in Malaysia and “TV Blue,” a channel for providing [...]