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First KCON in Middle East Draws Thousands

First KCON in Middle East Draws Thousands

SEOUL, March 28 (Korea Bizwire) – Thousands gathered at the world’s largest K-pop festival held for the first time in the Middle East last week, its host said Monday. More than 8,000 people came from all over the region, including Egypt, Saudi Arabia and Kuwait, to attend KCON 2016 Abu Dhabi at the city’s largest outdoor venue, du [...]

tvN Surpasses 2015 Profit Target with ‘Three Meals a Day,’ ‘Reply 1988′

tvN Surpasses 2015 Profit Target with ‘Three Meals a Day,’ ‘Reply 1988′

SEOUL, Jan. 15 (Korea Bizwire) - Thanks to popular reality cooking show “Three Meals a Day” and family soap opera “Reply 1988,” cable network tvN has achieved twice its profit target for 2015, industry sources said Friday. Advertising for the fourth season of “Three Meals a Day” and “Reply 1988″ were the main drivers, the sources [...]

Change Coming to Pop Culture Industry as Kakao, CJ Make their Moves

Change Coming to Pop Culture Industry as Kakao, CJ Make their Moves

SEOUL, Jan.12 (Korea Bizwire) – With giant companies such as CJ E&M and Kakao jumping into popular culture businesses, huge changes in the television and music industries are expected to follow. Kakao, the company behind the most popular mobile messenger in Korea, announced that it will be taking over Loen Entertainment for 1.87 trillion won. [...]

Mnet Music Cancels Music Recommendations, Will Melon and Genie Follow?

Mnet Music Cancels Music Recommendations, Will Melon and Genie Follow?

SEOUL, Oct. 22 (Korea Bizwire) – CJ E&M, which manages the music site mnet.com, has decided to abolish its ‘recommended music’ section. ‘Recommended music’ refers to songs that are selected by music sites for increased promotion, and are displayed right above the ranking charts. If a song is selected as ‘recommended music’, it is easier [...]