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CJ ENM’s 25.3 bln Won K-pop Investment Fund to Launch

CJ ENM’s 25.3 bln Won K-pop Investment Fund to Launch

SEOUL, Jan. 20 (Korea Bizwire) — CJ ENM, the operator of K-pop-oriented cable channel Mnet, said Monday it will launch a 25.3 billion-won (US$21.8 million) investment fund dedicated to the K-pop industry. The establishment of the fund, KC Vivace Investment Association, is in line with the entertainment giant’s pledge three weeks earlier to set up [...]

CJ ENM to Help IZ*ONE, X1 Resume Music Careers Soon

CJ ENM to Help IZ*ONE, X1 Resume Music Careers Soon

SEOUL, Dec. 30 (Korea Bizwire) — CJ ENM, the operator of K-pop-oriented music channel Mnet, said Monday it will provide all necessary support for K-pop bands IZ*ONE and X1′s resumption of their music careers, issuing an apology for the vote-fixing scandal of its high-profile idol competition show. “We will provide every support possible … so [...]

2019 MAMA Takes Blow from Police Probe over Mnet Survival Show

2019 MAMA Takes Blow from Police Probe over Mnet Survival Show

SEOUL, Nov. 23 (Korea Bizwire) — The upcoming 2019 Mnet Asian Music Awards (MAMA) are taking another heavy blow as an ongoing police probe over the music channel’s idol survival shows is eating into its lineup. Earlier this week, police took into custody the director and chief producer of Mnet’s high-profile audition show, “Produce 101,” [...]

Audition Show’s Fall from Grace Derails High-flying Careers of Winning Bands

Audition Show’s Fall from Grace Derails High-flying Careers of Winning Bands

SEOUL, Nov. 11 (Korea Bizwire) — A fall from grace by “Produce 101,” South Korea’s most sensational idol audition show to date, is derailing the burgeoning K-pop careers of the show’s winners. Last week, police put in custody An Joon-young, the director of the Mnet cable show, and the program’s chief producer over suspicions of [...]

MAMA Stirs Controversy with Decision to Hold This Year’s Event in Japan

MAMA Stirs Controversy with Decision to Hold This Year’s Event in Japan

SEOUL, Sept. 30 (Korea Bizwire) — CJ ENM is generating a bit of controversy over its choice of Japan as the sole destination for this year’s Mnet Asian Music Awards (MAMA) despite unprecedented trade and diplomatic rows between Seoul and Tokyo. A week earlier, the media and entertainment unit of the conglomerate CJ unveiled Nagoya [...]