SEOUL, April 5 (Korea Bizwire) – South Korean retail chain operator E-mart Inc. said Tuesday its sales of goods produced through collaborations with local pop stars have emerged as a new cash cow on the back of their strong popularity. E-mart, which rolled out different kinds of goods designed under ties with local entertainment agency S.M. [...]
SEOUL, Dec. 7 (Korea Bizwire) – The music video for “Bang Bang Bang” by South Korean boy band BigBang is the most watched K-pop video of the year, YouTube said Monday. The U.S. video-sharing website revealed the top 10 K-pop videos of 2015, and all five songs included on the act’s latest album “MADE” are [...]
SEOUL, Dec. 7 (Korea Bizwire) – S.M. Entertainment will continue to tighten its stranglehold on overseas markets, as it celebrates its 20th anniversary this year, its CEO said Monday. Kim Young-min, who took the helm after founder Lee Soo-man relinquished the post in 2005, attributed the agency’s success to its pioneering spirit. “S.M. is what [...]
SEOUL, Sept. 2 (Korea Bizwire) — Girl groups are like fashion. One day you’re in, the next day you’re out. By that logic, Girls’ Generation has outlived people’s expectations, topping music charts, local or international, eight years after its debut. But even the act once considered the most invincible is being dethroned — “Party,” GG’s [...]
SEOUL, May 5 (Yonhap) — Yang Hyun-suk, the chief of YG Entertainment, topped the list of stock-rich celebrities in South Korea as his entertainment agency’s shares rose this year on upbeat business outlook, data showed Tuesday. Yang’s shares in his company listed on the secondary KOSDAQ market were estimated at 201.18 billion won (US$186.12 million) [...]
SEOUL, April 20 (Korea Bizwire) – Yuri, a member of K-pop group Girls’ Generation, has admitted she is in a relationship with baseball player Oh Seung-hwan, the group’s management agency said Monday. “Having met through acquaintances at the end of last year, the two are now getting to know with each other with good feelings,” [...]
SEOUL, April 3 (Korea Bizwire) — South Korean pop superstar BoA, who marks the 15th anniversary of her debut in the local market this year, will soon release a new album, her agency said Friday. This will be her first album since “Only One,” which hit the local music market in July 2012, S.M. Entertainment said. [...]
SEOUL, March 31 (Korea Bizwire) — South Korean boy band EXO climbed to No. 5 on the U.S. iTunes chart this week with its new album, “Exodus,” the group’s agency said Tuesday. Released worldwide on Monday, the group’s second full-length album rose to fifth place on the U.S. iTunes general albums chart on Tuesday, S.M. Entertainment said. “Exodus” [...]
SEOUL, March 19 (Korea Bizwire) – The popular K-pop boy band EXO will release its second full-length album “Exodus” this week, its management said Thursday. The new album, the first by the group since “Overdose” in December, is scheduled to hit the market on Friday, S.M. Entertainment said. Some of the tracks on the new album were unveiled [...]
SEOUL, March 13 (Korea Bizwire) — South Korea’s financial watchdog has imposed sanctions on relatives of big name companies and celebrities for engaging in illegal foreign exchange trading worth US$40 million, officials said Friday. The Financial Supervisory Service (FSS) decided to issue warnings against 39 individuals including LG Group Chairman Koo Bon-moo’s sister and Lee Soo-man, the [...]