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CJ Group Seeking to Triple Global Sales of Entertainment Units by 2020

CJ Group Seeking to Triple Global Sales of Entertainment Units by 2020

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) [...]

Girls’ Generation to Release Song for Fans to Celebrate Its 9th Anniversary

Girls’ Generation to Release Song for Fans to Celebrate Its 9th Anniversary

SEOUL, July 26 (Korea Bizwire) – Girls’ Generation will release a new song dedicated to its fans to celebrate its ninth anniversary, the idol group’s agency said on Tuesday.  The eight-member K-pop act will roll out “That Summer” on Aug. 5 at 12 a.m. through digital music streaming channel Station, operated by the band’s agency [...]

Seoul to Develop Northern Outskirts into Mecca of Pop Music Industry

Seoul to Develop Northern Outskirts into Mecca of Pop Music Industry

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 [...]

Apple Music Takes a Step Forward to Korean Market Entrance

Apple Music Takes a Step Forward to Korean Market Entrance

SEOUL, June 24 (Korea Bizwire) – After months of rumors and speculation, Apple’s music streaming service, Apple Music, has made a big step forward to introducing its services in Korea. In contrast to the global popularity of music services like Spotify, Deezer, and Pandora, the Korean music market for music sales and streaming is dominated [...]

KT Music to Launch South Korea’s First Virtual Reality Music Service

KT Music to Launch South Korea’s First Virtual Reality Music Service

SEOUL, June 10 (Korea Bizwire) – South Korean online music content provider KT Music unveiled the country’s first virtual reality-backed music service on Thursday.  “Genie VR,” a computer-generated multimedia service that plays the visuals alongside music content, will be provided on a separate section of Genie’s mobile app, the music service maker and distributor said [...]

EXO to Drop New Album Next Month

EXO to Drop New Album Next Month

SEOUL, May 31 (Korea Bizwire) – The popular K-pop boy group EXO will release its third studio album next month, the group’s agency said Tuesday.  It will be the first album by the act in six months since “Sing For You,” a winter-seasonal special album came out in December.  S.M. Entertainment said the album will drop [...]

Talent Agency, Private Institute to Build K-pop International School

Talent Agency, Private Institute to Build K-pop International School

SEOUL, May 27 (Korea Bizwire) – S.M. Entertainment, the country’s largest talent agency, and a private institute will found an alternative international school for teenagers dreaming of becoming K-pop stars, the companies said Friday.  S.M. signed a memorandum of understanding with Haneul Education Co. to open what is tentatively called the “K-pop international school” in [...]

Mnet Music Cancels Music Recommendations, Will Melon and Genie Follow?

Mnet Music Cancels Music Recommendations, Will Melon and Genie Follow?

SEOUL, Oct. 22 (Korea Bizwire) – CJ E&M, which manages the music site mnet.com, has decided to abolish its ‘recommended music’ section. ‘Recommended music’ refers to songs that are selected by music sites for increased promotion, and are displayed right above the ranking charts. If a song is selected as ‘recommended music’, it is easier [...]