SEOUL, April 24 (Korea Bizwire) – Psy of the 2012 pop sensation “Gangnam Style” will release his eighth full-length album next month marking his comeback after a hiatus of a year and a half, his agency said Friday. YG Entertainment said the South Korean singer-rapper, whose real name Park Jae-sang, has finished filming two accompanying music videos. The company previously said that [...]
SEOUL, Nov. 25 (Korea Bizwire) – South Korean girl group 2NE1 has officially disbanded, its agency revealed on Friday, confirming that only two of the three remaining members will continue their careers with the company. With Gong Minzy leaving in April and the remaining members’ contracts expiring on Nov. 5, the group and management agreed [...]
SEOUL, Aug. 2 (Korea Bizwire) – Rumors and speculation that China will retaliate against Korean cultural content for the recent THAAD battery deployment decision is rapidly spreading through the entertainment industry. And although the majority of the rumors have turned out to be false, the industry, which relies heavily on the export of K-pop and [...]
SEOUL, May 27 (Korea Bizwire) – South Korean music company YG Entertainment on Friday said it has attracted 100 billion won (US$85 million) in investment from the Chinese online giant Tencent and mobile ticketing service, Beijing Weiying Technology Co. YG said its CEO Yang Min-suk will sign an investment deal with Suman Wang, who is in [...]
SEOUL, May 3 (Korea Bizwire) — YG Entertainment, the talent management of South Korean star musicians such as Psy and BigBang, is undergoing a probe launched by the National Tax Agency, the company confirmed on Monday. “We were summoned by the second investigation unit (of the NTS) in charge of regular tax checkups on small [...]
SEOUL, March 24 (Korea Bizwire) – South Korean boy band BigBang has won four awards at China’s 2016 QQ Music Awards, the group’s management said Thursday. The band received the best music video, most popular foreign group and best-selling foreign digital album awards for “Bang Bang Bang,” with its leader G-Dragon being picked as the male artist [...]
SEOUL, March 8 (Korea Bizwire) - The South Korean girl group industry is undergoing a generational shift, with new girl groups expanding their presence in the K-pop power structure. Almost 20 years has passed since the debut of the “first generational” girl groups — SES of S.M. Entertainment, Babyvox of DR Music and Fin.K.L. of DSP Entertainment – in [...]
SEOUL, Jan. 25 (Korea Bizwire) – YG Entertainment said Monday it will invest in the upcoming South Korean remake of the Chinese soap opera “Scarlet Heart,” starring actor Lee Joon-gi and singer-songwriter IU. The South Korean entertainment agency will join NBCUniversal and a local production company in financing and producing the show, which will air [...]
SEOUL, Nov. 16 (Korea Bizwire) – The fifth season of “K-pop Star,” a popular singing audition program, will not only focus on the individual’s talent but also his motivation for wanting to become a singer, producers said Monday. “K-pop Star,” an SBS program started in 2011, has gained significant clout over the past four years, [...]
SEOUL, Nov. 2 (Korea Bizwire) - With Korean cosmetics products creating a buzz in the international market due to the so-called ‘K-Beauty’ craze, domestic entertainment businesses and celebrities are launching their own brands. These brands have been attracting a lot of attention from the start, thanks to their popular creators. J.ONE, the cosmetics brand launched in [...]