Tag: south korea

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Hybe revenues grow and Com2uS buys stake in SM Entertainment

K-Pop giant Hybe has published its financial results for the third quarter of 2022.
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HYBE reportedly acquires synthetic voice firm Supertone

Back when it was called Big Hit Entertainment, K-Pop firm HYBE bought a stake in synthetic voice startup Supertone.
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PRS for Music targets South Korean DSPs over royalties

British collecting society PRS for Music isn’t happy with several streaming service in South Korea.
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K-Pop artist-tracking app Blip passes 1m Android downloads

Google has hailed the success of the app, created to help K-Pop fans follow their favourite artists, such as Blackpink, Monsta X and Twice.
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Melon still the most popular South Korean streaming service

The Record Label Industry Association of Korea has surveyed 1,500 streaming subscribers about their activity.
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Country Profile – South Korea 2022

South Korea has a long history with music streaming – but the sector’s recent success is maybe not quite as robust as it first seems.
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Report claims 10m K-Pop albums were sold in May 2022 alone

We already know that the superfandom around top K-Pop artists extends to buying albums rather than just streaming them.
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Spotify rebrands flagship K-Pop playlist to K-Pop ON! (온)

'K-Pop Daebak', the flagship playlist for K-Pop music on Spotify, is being rebranded to 'K-Pop ON! (온)
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K-Pop giant HYBE generated more than $1bn of revenues in 2021

That included strong growth for album sales, merchandising and licensing, and (unsurprisingly) concerts.
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Korean video service Watcha is getting into music streaming

There will soon be a new player in the South Korean music-streaming market: video service Watcha has announced plans to add music as part of a relaunch.
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Spotify’s monthly K-Pop streams are up 27% year-on-year

It's a year since Spotify launched in South Korea, and the company says that it is now averaging 7.97bn monthly K-Pop streams worldwide.
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Data suggests YouTube Music is rising fast in South Korea

The music industry knows all about YouTube's role in bringing K-Pop music to the world, from Psy's 'Gangnam Style' to the success of BTS and Blackpink.