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YG Entertainment Stock Hits 15% Daily Limit on News of Louis Vuitton Investment

YG Entertainment Stock Hits 15% Daily Limit on News of Louis Vuitton Investment

SEOUL, Aug. 14 (Korea Bizwire) — Korea’s big-three talent agencies–SM Entertainment, YG Entertainment, and JYP Entertainment–are competing hard in launching new idol groups. Of these, however, only YG Entertainment has seen its share price soar recently while others are languishing in the market. According to financial investment sources on August 13, the top-three entertainment agencies have debuted [...]

[Feature] Is Cultural Difference to Blame for EXO Kris Scandal?

[Feature] Is Cultural Difference to Blame for EXO Kris Scandal?

Kris was so popular among Korean fans that he starred in “Running Man,” one of South Korea’s most popular variety show programs last year. SEOUL, May 19 (Korea Bizwire) – Since Kris, member of EXO-M, the Chinese unit of EXO, staged a legal action against SM Entertainment last week, an endless stream of rumors and speculations have [...]

EXO M Member’s Legal Battle with SM Entertainment Shows Boy Band’s Internal Conflict

EXO M Member’s Legal Battle with SM Entertainment Shows Boy Band’s Internal Conflict

SEOUL, May 16 (Korea Bizwire) – Controversy surrounding Kris, leader of EXO M and who filed a lawsuit against SM Entertainment on Thursday, is apparently causing an escalating stir, as another member from the famous K pop boy group, is criticizing his behavior, arguing Kris’ legal action is “irresponsible.”  Exo, formed in 2011 by SM [...]

Talent Agencies Recreate Themselves as Entertainment Groups

Talent Agencies Recreate Themselves as Entertainment Groups

SEOUL, Korea, Jan 27 (Korea Bizwire) –  Korea’s major talent management companies are transforming themselves into full-fledged entertainment groups. The pioneer in this move was SM Entertainment. In May 2012, the company changed its corporate name to SM C&C after acquiring a travel agency. In November in the same year, the newly named company took over [...]