K-Wave Archives | Be Korea-savvy
Exports of Korean Cultural Content in 2016 Surpasses US$6 Bn for 1st Time

Exports of Korean Cultural Content in 2016 Surpasses US$6 Bn for 1st Time

SEOUL, Jun. 1 (Korea Bizwire) – South Korea exported cultural content worth more than US$6 billion in 2016, government data showed Friday. The survey on “Content Industry Statistics” released by the Ministry of Culture, Sports and Tourism showed that exports rose 6.1 percent from the previous year to US$6.008 billion in 2016, a strong performance [...]

[Feature] Almost Famous: K-pop Trainees Endure Hardship on the Road to Success

[Feature] Almost Famous: K-pop Trainees Endure Hardship on the Road to Success

SEOUL, May 21 (Korea Bizwire) – Gangnam Style, Psy’s worldwide sensation powered by an iconic horse dance, set numerous world records. The song’s music video is still the most liked and viewed video on YouTube. But most of all, Gangnam Style was the first K-pop song, ever, to attract global attention.  Ironically, however, 38-year-old Psy is [...]

Alibaba’s Jack Ma Interested in K-wave Content Investment

Alibaba’s Jack Ma Interested in K-wave Content Investment

“South Korea is the only major global trading nation to have FTAs with the United States, the European Union and China. This uniqueness makes Korea an ideal base for global enterprises seeking market access to the three largest economies in the world. With Alibaba’s ongoing strategy to expand its presence in the global market, it [...]

YG Entertainment Teams Up with China’s Tencent to Produce K-wave Content

YG Entertainment Teams Up with China’s Tencent to Produce K-wave Content

SEOUL, Dec. 3 (Korea Bizwire) – YG Entertainment, one of Korea’s top three talent agencies, signed an agreement with Tencent, China’s leading IT firm, to jointly produce and expand the distribution of K-wave content in China. On December 2, the two companies sealed the MOU for their strategic partnership in Hong Kong. According to the [...]

A Government Official from Singapore Wins ‘Quiz on Korea’

A Government Official from Singapore Wins ‘Quiz on Korea’

SEOUL, Sep. 10 (Korea Bizwire) – A government official flying over from Singapore won the top prize on ‘Quiz on Korea,’ a quiz show in which foreigners around the world compete against one another about facts or knowledge relating to Korea. Cohosted by the Ministry of Foreign Affairs (MOFA) and the Korean Broadcasting System (KBS), the [...]