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S. Korean Police Request Help from Chinese Authorities in Burning Sun Probe

S. Korean Police Request Help from Chinese Authorities in Burning Sun Probe

BEIJING/SEOUL, Apr. 4 (Korea Bizwire) — South Korean police confirmed Thursday they are seeking cooperation from Chinese law enforcement in the probe of a nightclub tied to former BIGBANG member Seungri. The request was made to verify various speculation surrounding a Taiwanese businesswoman, who is said to own a large stake in the nightclub Burning [...]

YG, Major Broadcasters Burning Bridges with Scandal-ridden Pop Stars

YG, Major Broadcasters Burning Bridges with Scandal-ridden Pop Stars

SEOUL, Mar. 29 (Korea Bizwire) — The management agency of boy band BIGBANG ended sales of merchandise related to the disgraced former band member Seungri, while major broadcasters stopped servicing VOD contents featuring the singer and another scandal-ridden artist, Jung Joon-young, in the aftermath of the broadening sex and corruption scandal centering on the two [...]

Market Cap of Entertainment Agencies Nosedives on K-pop Sex Scandal

Market Cap of Entertainment Agencies Nosedives on K-pop Sex Scandal

SEOUL, Mar. 17 (Korea Bizwire) — The combined market capitalization of major listed entertainment agencies sharply lost ground since a sex scandal surrounding K-pop stars rose to the surface last month, market data showed Sunday. The combined market capitalization of the top five listed entertainment agencies plunged around 600 billion won (US$527 million) on Friday [...]

Sex, Drug Scandal Exposes Shady Sides of K-pop’s Breakneck Ascent

Sex, Drug Scandal Exposes Shady Sides of K-pop’s Breakneck Ascent

SEOUL, Mar. 15 (Korea Bizwire) — A snowballing sex and corruption scandal involving K-pop stars has brought to light the hidden dark side of the K-pop industry, and dealt the most devastating blow yet to K-pop’s breakneck growth into a lucrative, roaring international business. Seungri, of boy band BIGBANG, and singer-songwriter and TV personality Jung [...]

CNBLUE Member Lee Jong-hyun Admits to Involvement in Sex Scandal

CNBLUE Member Lee Jong-hyun Admits to Involvement in Sex Scandal

SEOUL, Mar. 15 (Korea Bizwire) — Reversing its earlier denial, the management agency of Lee Jong-hyun, a member of K-pop rock band CNBLUE admitted Friday that the singer was involved in a widening sex scandal surrounding fellow K-pop stars. “Lee Jong-hyun is (admitting) that he deserves criticism for watching videos on KakaoTalk, disparaging women and [...]

YG Ends Contract with BIGBANG’s Seungri in Wake of Scandal

YG Ends Contract with BIGBANG’s Seungri in Wake of Scandal

SEOUL, Mar. 13 (Korea Bizwire) — The management agency of K-pop band BIGBANG on Wednesday ended its contract with Seungri, a scandal-ridden star who is under probe for allegedly arranging sexual services for potential investors. The company, YG Entertainment, also apologized to the public for failing to properly manage the 29-year-old singer, who announced Monday [...]