SEOUL, Oct. 5 (Korea Bizwire) – Gil, member of a hip hop group Leessang, and record producer Primary showcased on Wednesday a cyber girl group dubbed “Gogo Rocket C. Star”, announcing the official release of the group’s singles “Shut Up” and “Let It Fly”. A virtual band is when members are not corporeal musicians, but imagined characters. [...]
SEOUL, Sept. 20 (Korea Bizwire) – Shinsegae Duty Free said Tuesday that it will open a K-pop concert hall later this week in Seoul in a bid to attract more foreign customers in the early stages of its operation. South Korean retail giant Shinsegae opened its first duty-free outlet on the top four floors in [...]
SEJONG, Sept. 13 (Korea Bizwire) – More than 150 local retailers, fashion companies and cosmetics firms will participate in South Korea’s biggest shopping festival, “Korea Sale Festa,” slated for later this month, the trade ministry here said Tuesday. During the Sept. 29-Oct. 9 event, 153 companies will offer big discounts to shoppers and foreign visitors [...]
SEOUL, Sept. 12 (Korea Bizwire) – Korea’s entertainment industry has been among the most affected by the government’s recent decision to deploy a THAAD battery, and it has resulted in losses of billions of won for stock-rich celebrities with large stakes in entertainment companies. According to Chaebol.com, a market research firm, the total stock assets (as [...]
SEOUL, Sept. 8 (Korea Bizwire) – The South Korean pop culture has expanded in size and market from Asia to the North American continent, a state-run media research institution said on Thursday. Citing its analysis of 24,208 news articles on Korean pop the culture published here from January 2001 to June 2016, Seoul-based Korea Press [...]
SEOUL, Sept. 6 (Korea Bizwire) – Korea’s leading distiller, HiteJinro, has chosen a new marketing strategy for a fresh wave of TV commercials, with the new ads featuring some of the hottest K-pop stars drinking soju, seemingly tipsy, while casually singing their talents away – behavior that is perhaps appropriate given that the ads are [...]
SEJONG, Aug. 31 (Korea Bizwire) – The opening ceremony of South Korea’s biggest shopping festival, “Korea Sale Festa,” will be held in Seoul next month, along with various concerts and exhibitions to draw more visitors and shoppers from overseas, the trade ministry said Wednesday. The event will take place on Yeongdong Daero (Boulevard) in southern [...]
SEOUL, Aug. 17 (Korea Bizwire) – Unnerving rumors spread across the Korean entertainment industry in the weeks that followed the Korean government’s decision to deploy a THAAD (Terminal High Altitude Area Defense) battery in Seongju, a county in North Gyeongsang Province, with some suggesting that the Chinese government would retaliate by controlling the spread of hallyu (Korean [...]
LOS ANGELES, Aug. 1 (Korea Bizwire) – South Korea’s CJ Group vowed Monday to boost global sales of its two entertainment units by capitalizing on the growing popularity of the Korean Wave. Entertainment giant CJ E&M and South Korea’s largest cinema chain, CJ CGV, saw their combined global sales reach 424.9 billion won (US$383 million) [...]
SEOUL, June 21 (Korea Bizwire) – S.M. Entertainment, one of the largest South Korean entertainment companies, plans to build an ‘SM Cultural Complex’ in Changwon, the capital city of South Gyeongsang Province. Ahn Sang-soo, the mayor of Changwon, held a press conference at Changwon City Hall’s Press Center on Tuesday June 21 to announce the development [...]