SEOUL, May 21 (Korea Bizwire) — South Korea’s pop music industry was estimated to have suffered tens of billions of won in financial damage as ticket sales plunged amid the new coronavirus pandemic, a music organization said Friday. According to the Record Label Industry Association of Korea (LIAK), the estimated damage stood at around 184 [...]
SEOUL, Dec. 8 (Korea Bizwire) — Random cluster infections are breaking out across the country and the South Korean music industry is no exception from the new coronavirus. In most cases, infections have escalated into bigger cases involving consecutive screening tests, as music programs and events often feature multiple artists and a big production staff. [...]
SEOUL, Sept. 16 (Korea Bizwire) — The Seoul Metropolitan Government announced Monday plans to invest 481.8 billion won (US$407.1 million) to make the city a music hub in a move seen as building on the K-pop momentum spurred by boy band BTS. Under the five-year plan, the metropolitan government will spend the amount on nine [...]
SEOUL, March 17 (Korea Bizwire) – Solji, a member of K-pop girl group EXID, announced this week that she would not be participating in the band’s upcoming album, as she is still struggling to recover from the hyperthyroidism she was diagnosed with last December. Although her hormone levels have returned to normal, she is still receiving [...]
SEJONG, Jan. 16 (Korea Bizwire) – The glitz of show business isn’t the same for everyone in the industry, where earnings are heavily imbalanced between A-listers and those who are not, income tax filings for 2015 showed Monday. A total of 15,423 people, whose reported jobs were actors and actresses, reported an annual income that [...]
SEOUL, July 14 (Korea Bizwire) – The Seoul city government is aggressively studying ways to develop its northern outskirts into the country’s pop music mecca by establishing various concert halls, a practical music school and encouraging pop musicians to move into the area, a city official said Thursday. “We (Seoul city) have placed an order [...]
SEOUL, July 1 (Korea Bizwire) – Thursday, June 30, was a shameful day for the Korean music industry. Park Yoo-chun, a K-pop singer from the group JYJ who’s under high media attention for a sexual assault scandal, and Lee Juno, a 90s pop star from Seo Taiji and Boys who was recently accused of sexual molestation, [...]
![[Feature] Almost Famous: K-pop Trainees Endure Hardship on the Road to Success](http://koreabizwire.com/wp/wp-content/uploads/2016/05/5009656948_f0da2f6a93_b-800x600.jpg "[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 [...]
SEOUL, Dec.24 (Korea Bizwire) – Korean music organizations are demanding that music sites abolish their ‘Song Suggestion’ features. The Recording Industry Association of Korea (RIAK), the Korean Society of Composers, Authors and Publishers (KOSCAP), the Korea Music Copyright Association (KOMCA), the Federation of Korean Music Performers, the Korea Singers Association and the Korea Entertainment Producer’s [...]