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Kakao Entertainment Partners with Billboard to Expand K-pop’s Global Reach

Kakao Entertainment Partners with Billboard to Expand K-pop’s Global Reach

SEOUL, Apr. 18 (Korea Bizwire) – Kakao Entertainment has struck a deal with the U.S. Billboard magazine to further propel K-pop onto the world stage, the South Korean entertainment firm said Thursday. Joseph Chang, co-CEO of Kakao Entertainment, Billboard U.S. President Mike Van and Kim Yuna, the publisher and CEO of Billboard Korea, signed the [...]

K-Pop Superstars SEVENTEEN Join Fans in Green Project, Planting ‘Forest No. 2′

K-Pop Superstars SEVENTEEN Join Fans in Green Project, Planting ‘Forest No. 2′

SEOUL, Apr. 10 (Korea Bizwire) – In a heartwarming display of environmental stewardship, the globally renowned K-pop group SEVENTEEN and their dedicated fans have joined forces with the music platform Melon to create a second forest under the platform’s eco-friendly initiative, further amplifying their positive influence. According to an announcement made on April 9 by Kakao [...]

In a K-Pop First, Deaf Members Debut as ‘Big Ocean’

In a K-Pop First, Deaf Members Debut as ‘Big Ocean’

SEOUL, Mar. 29 (Korea Bizwire) – In a groundbreaking move for South Korea’s phenomenally popular K-pop music scene, a new group composed entirely of deaf members will make its debut next month on National Disabled Persons Day, according to their agency, Parastar Entertainment.  The trio, called Big Ocean, consists of Lee Chan-yeon, Park Hyun-jin and Kim [...]

Soaring K-Pop Music Video Budgets Highlight Industry’s Ambitious Global Reach

Soaring K-Pop Music Video Budgets Highlight Industry’s Ambitious Global Reach

SEOUL, Mar. 11 (Korea Bizwire) – Jeon So-yeon, leader of the girl group (G)I-DLE, recently revealed on JTBC’s entertainment program “Knowing Bros” that the production cost of their new music video “Super Lady” amounted to a staggering 1.1 billion won, leaving both the hosts and her fellow members astounded.  An industry insider remarked that spending over [...]

Hybe Emerges as the First K-pop Agency to Surpass 2 Trillion Won in Annual Sales

Hybe Emerges as the First K-pop Agency to Surpass 2 Trillion Won in Annual Sales

SEOUL, Feb. 26 (Korea Bizwire) – Hybe said Monday its annual sales surpassed 2 trillion won (US$1.5 billion) in 2023, making it the first K-pop agency ever to reach the milestone. This achievement comes despite the absence of BTS’ group projects due to members’ mandatory military service. The company attributed the achievement to robust album and concert sales by its major artists, including Seventeen, Tomorrow X Together, NewJeans, Enhypen and BTS members as soloists. According to a regulatory filing, the firm [...]

K-Pop Power: How Global Brands are Tapping into the Korean Wave

K-Pop Power: How Global Brands are Tapping into the Korean Wave

  SEOUL, Feb. 26 (Korea Bizwire) – As K-pop continues to capture hearts worldwide, the food and beverage industry is keenly leveraging this global phenomenon by collaborating with K-pop artists to target international markets. Coca-Cola is setting a prime example by launching a special edition product named ‘Coca-Cola Zero K-Wave’ in 36 countries, drawing inspiration from [...]