TikTok embraces BTS' 10th debut anniversary hashtag campaign Shares in South Korea’s leading entertainment companies are rallying amid growing signs that China will likely lift its longstanding ban on Korean pop culture, rekindling hopes of a lucrative return to the world's second-largest
BTS concert in Busan, South Korea in October 2022 (Courtesy of Yonhap) Exports of Korean popular music, or K-pop, have seen a significant surge in recent months, driven by increasing demand from China and Japan, according to recent industry data.With rising exports and strong fandoms in key Asi
The seven-member boy band BTS was formed in 2010 HYBE Co., the K-pop behemoth behind BTS, suffered a double-digit profit fall in the third quarter amid an ongoing feud with Min Hee-jin, the creative director of the girl group NewJeans and the absence of new albums released during the 2024 Paris
Former ADOR CEO Min Hee-jin (left) HYBE Co. has finally removed Min Hee-jin from ADOR, the label behind girl group NewJeans, as chief executive some four months after it failed to kick her out. But Min again vowed to fight back, decrying the decision as a violation of a shareholders&rsquo
NewJeans (File photo, courtesy of ADOR, a sub-label of HYBE) South Korean game developer Netmarble Corp. is selling a stake in HYBE Co., the label behind global K-pop sensation BTS, for 219.9 billion won ($161 million) to repay debts in a block deal within a structure to gain even more if the e
(Courtesy of Yonhap) HYBE Co. is accelerating its push to transform into a platform company as it prepares to launch a new digital fan community platform. This platform will allow individual creators to engage with their followers through their content and make money. Binary Korea, HYBE's digit
SM's idol group aespa releases its first full-length album "Armageddon" on May 27, 2024 HYBE Co., the company behind global sensations BTS and NewJeans, has offered to sell some of its shares in K-pop pioneer SM Entertainment Co. in a block deal estimated at 85 billion won ($62 million), shortl
HYBE founder and Chairman Bang Si-hyuk (left), Min Hee-jin, chief of NewJeans' label ADOR Disputes between HYBE Co. and its label behind popular girl group NewJeans has made headlines as an almost unheard-of conflict in the K-pop industry.Industry observers said their clash has brought to
Kakao is South Korea's dominant mobile messenger app operator (All dates in 2023) -- Jan. 15: Align Partners Capital Management filed proxy litigation against SM Entertainment Co. Founder Lee Soo-man and seven former board members for allegedly unfair business practices between SM and Lee&rsqu
If Kakao’s tender offer is successful, it will secure up to 40% of the K-pop pioneer. South Korea's HYBE Co., the company behind the global sensation BTS, said on Sunday it has decided to pull out of the face-off with Kakao Corp. for control of SM Entertainment Co., ending a month-long ba
HYBE failed to secure up to a 40% stake in SM in its tender offer in February HYBE Co., the largest shareholder of SM Entertainment Co., said on Friday it has accepted Kakao Corp.’s tender offer to sell its shares in the K-pop pioneer for as much as $440 million, or about 25% more than it
HYBE Founder and Chairman Bang Si-hyuk speaks in a forum with senior South Korean journalists on March 15, 2023, in Seoul HYBE Co., the company behind global sensation BTS, plans to acquire at least two prominent labels in the Americas this year as it aims to become a major player in the global
Kakao Entertainment CEO Kim Sung-soo (left), HYBE Founder and CEO Bang Si-hyuk Kakao Corp., South Korea’s dominant mobile platform, said on Monday it would mobilize all possible countermeasures against HYBE Co. ’s attempt to increase ownership of SM Entertainment Co. through a tende