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K-Pop Star Jung Yong-hwa to Enlist, Leaving Behind Cloud of Familiar Controversy

K-Pop Star Jung Yong-hwa to Enlist, Leaving Behind Cloud of Familiar Controversy

SEOUL, Feb. 8 (Korea Bizwire) – CNBLUE frontman Jung Yong-hwa is set to enlist in the armed forces come March 5, according to an announcement made on January 26 by his talent agency FNC Entertainment. The surprisingly sudden decision to fulfil his national duty, after it was revealed that Jung was investigated by police for [...]

Chinese Group Invests US$209 mln in FNC Entertainment

Chinese Group Invests US$209 mln in FNC Entertainment

SEOUL, Nov. 23 (Korea Bizwire) – A subsidiary of Chinese conglomerate Suning Universal has decided to invest US$209 million in FNC Entertainment, the South Korean entertainment agency said Monday. FNC Entertainment said it will issue about 1.7 million new shares to Suning Universal Media Co. to raise 336.9 billion won (US$290.8 million) in capital. “Through [...]

AOA to Unveil New EP in Japan

AOA to Unveil New EP in Japan

SEOUL, July 29 (Korea Bizwire) — South Korean girl group AOA was scheduled to release its third Japanese EP on Wednesday, its management agency said. “Mune Kyun,” the Japanese version of the latest EP, “Heart Attack,” contains the title track of the same name along with “Confused” and “Joa Yo!” in Japanese translation, FNC Entertainment said. The [...]

Talent Agencies Recreate Themselves as Entertainment Groups

Talent Agencies Recreate Themselves as Entertainment Groups

SEOUL, Korea, Jan 27 (Korea Bizwire) –  Korea’s major talent management companies are transforming themselves into full-fledged entertainment groups. The pioneer in this move was SM Entertainment. In May 2012, the company changed its corporate name to SM C&C after acquiring a travel agency. In November in the same year, the newly named company took over [...]