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China Expands Entertainment Industry while Banning Korean Pop Culture: Data

China Expands Entertainment Industry while Banning Korean Pop Culture: Data

SEOUL, Apr. 13 (Korea Bizwire) — China has been expanding its own entertainment industry while banning imports of South Korean cultural content over a missile row, industry data showed Wednesday. Beijing has imposed economic sanctions on South Korea in recent months as Seoul is pushing ahead with the installment of the U.S. Terminal Altitude Area [...]

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 [...]

SM Entertainment Plans Talent Audition in Indonesia

SM Entertainment Plans Talent Audition in Indonesia

SEOUL, March 16 (Korea Bizwire) – SM Entertainment will hold auditions in Indonesia to scout talent for its “NCT” idol group project, the nation’s top entertainment agency said Wednesday. Company founder Lee Soo-man unveiled the plan for its first-ever talent audition in Indonesia at a South Korea-Indonesia business summit in Jakarta the previous day.  “Last [...]

No More “Slave Contracts” for Aspiring K-Pop Stars

No More “Slave Contracts” for Aspiring K-Pop Stars

SEOUL, March 8 (Korea Bizwire) – So-called ‘360 deals’ in the Korean music industry have often been criticized for over-exploitation of artists or prospective artists (trainees), to the point where they were given the notorious title of “slave contracts.”  Several K-pop artists have come forward to denounce the practice, while some engaged in highly publicized [...]

Lee Min-ho, Song Hye-kyo, EXO, Top Hallyu Stars of the Year: Survey

Lee Min-ho, Song Hye-kyo, EXO, Top Hallyu Stars of the Year: Survey

SEOUL, Mar. 2 (Korea Bizwire) — Actor Lee Min-ho, actress Song Hye-kyo and boy band EXO have been chosen as the most popular “hallyu” stars of 2016, a survey showed Thursday. Soompi, a U.S.-based online news provider specializing in Korean pop culture, announced the winners of the 12th annual Soompi Awards elected in a vote [...]