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K-pop Sales on eBay Jump by 50 pct Thanks to BTS

K-pop Sales on eBay Jump by 50 pct Thanks to BTS

SEOUL, Apr. 19 (Korea Bizwire) – South Korean boy band sensation BTS’s new album, “Map of the Soul: Persona,” is sweeping across music charts in the United States, the United Kingdom, and Japan. The BTS fever is also hot on eBay, where K-pop related goods have recently seen a surge in popularity eBay Korea announced [...]

S. Korean Entertainment Companies’ Profits to Rise 51.5 pct in 2019: Market Tracker

S. Korean Entertainment Companies’ Profits to Rise 51.5 pct in 2019: Market Tracker

SEOUL, Apr. 11 (Korea Bizwire) — South Korean entertainment companies are expected to post solid profit growth this year despite fallouts caused by a scandal centered on a K-pop boy band member, a local market tracker said Thursday. According to forecasts by FnGuide Inc., the operating profits for the big three labels — SM Entertainment, [...]

IZ*ONE Sets Record as Best-selling Girl Group, Nudging TWICE

IZ*ONE Sets Record as Best-selling Girl Group, Nudging TWICE

SEOUL, Apr. 8 (Korea Bizwire) — IZ*ONE, a project girl group formed through the idol competition show series “Produce,” sold more than 130,000 copies of its latest album titled “HEART*IZ” in the first week of its sales, breaking a previous record set by TWICE. “IZ*ONE’s ‘HEART*IZ’ sold 132,109 copies during the April 1-7 period. It [...]

BLACKPINK Abruptly Calls Off Press Conference for its New Album

BLACKPINK Abruptly Calls Off Press Conference for its New Album

SEOUL, Apr. 5 (Korea Bizwire) — Following an enormous fire engulfing South Korea’s eastern coastal region, sensational K-pop girl band BLACKPINK called off its press conference set for Friday morning to announce the release of a new album, “Kill This Love.” YG Entertainment, the management agency for the girl band, made the decision, formally citing [...]

YG, Major Broadcasters Burning Bridges with Scandal-ridden Pop Stars

YG, Major Broadcasters Burning Bridges with Scandal-ridden Pop Stars

SEOUL, Mar. 29 (Korea Bizwire) — The management agency of boy band BIGBANG ended sales of merchandise related to the disgraced former band member Seungri, while major broadcasters stopped servicing VOD contents featuring the singer and another scandal-ridden artist, Jung Joon-young, in the aftermath of the broadening sex and corruption scandal centering on the two [...]

TikTok Service Promises K-pop Auditions via Smartphone

TikTok Service Promises K-pop Auditions via Smartphone

SEOUL, Mar. 29 (Korea Bizwire) — In an era where everyone can become a one-man creator, K-pop star auditions through mobile applications are now possible. The short-form video sharing application TikTok introduced on Thursday that it will launch “Tik-Tok Spotlight,” a musician scout program on April 5. TikTok, which was also honored as the world’s [...]

Market Cap of Entertainment Agencies Nosedives on K-pop Sex Scandal

Market Cap of Entertainment Agencies Nosedives on K-pop Sex Scandal

SEOUL, Mar. 17 (Korea Bizwire) — The combined market capitalization of major listed entertainment agencies sharply lost ground since a sex scandal surrounding K-pop stars rose to the surface last month, market data showed Sunday. The combined market capitalization of the top five listed entertainment agencies plunged around 600 billion won (US$527 million) on Friday [...]

Sex, Drug Scandal Exposes Shady Sides of K-pop’s Breakneck Ascent

Sex, Drug Scandal Exposes Shady Sides of K-pop’s Breakneck Ascent

SEOUL, Mar. 15 (Korea Bizwire) — A snowballing sex and corruption scandal involving K-pop stars has brought to light the hidden dark side of the K-pop industry, and dealt the most devastating blow yet to K-pop’s breakneck growth into a lucrative, roaring international business. Seungri, of boy band BIGBANG, and singer-songwriter and TV personality Jung [...]