Tag: south korea

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BTS are top-ups of the pop-ups

The idea of the pop-up tied into an album release is hardly new and often involves taking over a small and recently vacated shop (or the site of a different pop-up from the previous week) and selling a few T-shirts and posters...
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K-Pop groups are half of YouTube’s biggest 24-hour debuts

It’s been clear for some time that YouTube is playing a significant role in the continued growth in the popularity of K-Pop outside South Korea. It’s also something we’ll be digging into at the NY:LON Connect conference...
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BTS fuelled Big Hit Entertainment surge in first half of 2019

Korean music firm Big Hit Entertainment held its latest media briefing yesterday, and dropped some impressive numbers to show how its business is surging in 2019. The company’s revenues in the first half of 2019 were more...
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Big Hit Entertainment buys music-games developer Superb

The Korean music company behind BTS and other big K-Pop artists is taking a new step into the games industry. Big Hit Entertainment has acquired fellow Korean firm Superb, whose focus has been on developing music games....
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K-Pop agency Big Hit Entertainment may be worth $1bn

With BTS playing to packed stadiums in the west, the excitement around the global potential of K-Pop continues to grow. That’s now including a bumper valuation for agency Big Hit Entertainment, which is behind the band....
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Korean streaming service Melon faces royalties investigation

Melon is one of the oldest music-streaming services in the world, but the South Korean service is now facing an investigation into its handling of music royalties between 2009 and 2011. The Korea Times reported that the...
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BLACKPINK video has biggest YouTube premiere to date

The video for ‘Kill This Love’ by BLACKPINK has taken just three days to pass 100m views on YouTube – the fastest video to do so in YouTube’s history. Uploaded on 4th April, the video by the South Korean girlband...
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BTS success fuelled record year for Big Hit Entertainment

You may have noticed that K-Pop band BTS are just a little bit popular around the world. That’s now translating into financial success for the company behind them, Big Hit Entertainment. The firm reported a 132% growth...
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South Korea had around 8.5m music subscribers at end of 2018

We’ve heard a lot about the global growth of K-Pop music in 2018, thanks to BTS and the artists following in their slipstream. But in South Korea, there’s also a lot to be encouraged by in the way the digital-music business...
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Country Profile – South Korea 2019

The inexorable rise of K-Pop has brought South Korea to international attention but it’s not the sole driver behind a strong physical and streaming market and a noteworthy leap in recorded music revenue
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South Korean mobile-music services raise download prices

It’s a happy new year for music rightsholders in South Korea, as new regulations came into effect raising the royalty share from music-streaming services from 60% to 65%. News site The Korea Bizwire reported that a number...
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Korean internet-radio service Spoon Radio raises $17m

South Korean internet-radio service Spoon Radio – or rather its parent company Mykoon – has raised a $17m funding round. The investors include Goodwater Capital, which was an early investor in Musical.ly according to TechCrunch,...