Summary: Bang Sihyuk, the producer behind BTS, is bringing the K-pop idol-making model to America. He formed a partnership with Scooter Braun and Universal Music Group to launch Katseye, an…
Read moreNews Summary: Park Ji-won, CEO of HYBE, resigned after 4 years. He oversaw HYBE’s successful IPO, multi-label transition, and growth of groups like BTS. His tenure also faced challenges like…
Read moreKakao, a major Korean conglomerate, is selling most of its subsidiaries due to legal issues surrounding its chairman. Kakao will sell subsidiaries including Kakao Games, Kakao Entertainment, and SM Entertainment.…
Read moreArticle Summary: NewJeans appointed as South Korea’s honorary tourism ambassadors. Promotional videos featuring the group will be displayed in major global cities. South Korea’s tourism has nearly recovered to pre-pandemic…
Read moreArticle Summary: The BBC launches “Made in Korea: The K-Pop Experience” this summer on BBC One and iPlayer. The series follows five UK boys undergoing the K-pop training process in…
Read moreThe Grammy Museum in LA will launch a full-floor K-pop exhibit from August 2 to September 15. The exhibit, in partnership with Hybe, features artifacts from BTS, LE SSERAFIM, and…
Read moreSummary of new: Hybe’s $50 Million Sale Impacts K-pop Industry Hybe sells 755,000 shares of SM Entertainment at a 5.5% discount. Transaction valued at about $50 million, reducing Hybe’s stake…
Read moreSummary of news: HYBE sells SM Entertainment shares HYBE sold 755,522 shares (3.2%) of SM Entertainment for 68.3 billion won ($50.2 million). The sale reduces HYBE’s stake in SM to…
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