HYBE launches subsidiary in China, as K-Pop giant’s global expansion continues
HYBE has officially launched a subsidiary in China, the world’s fifth-largest recorded music market.A HYBE spokesperson has confirmed that the ...
Tag: KPop
HYBE is selling its entire stake in K-Pop rival SM Entertainment to Tencent Music for nearly $180m
South Korean entertainment giant HYBE is selling its entire 9.38% stake in rival K-Pop firm SM Entertainment.The buyer is Tencent ...
Luminate strikes partnership with South Korea’s KreatorsNetwork, an artist services firm aiming to globalize K-pop labels
Entertainment industry data and research company Luminate has struck a partnership with South Korea’s KreatorsNetwork.The Seoul-headquartered KreatorsNetwork describes itself as a ...
BTS, once HYBE’s top earner, accounted for below 20% of the K-Pop giant’s revenues in 2024
June 15, 2022, was a pivotal day for BTS and their record company HYBE.It was the day that HYBE confirmed ...
K-Pop in crisis? Around 93m albums were sold in South Korea in 2024 – 23m fewer than in 2023
Market monitor Luminate‘s 2024 year-end report clearly shows K-Pop’s continued appeal outside of its home market of South Korea.According to ...
HYBE’s ADOR files lawsuit over NewJeans deal dispute, says K-Pop group’s exclusive contract ‘cannot be unilaterally terminated’
ADOR, a subsidiary of K-pop powerhouse HYBE, has filed a lawsuit to prevent girl group NewJeans from terminating their exclusive ...
NewJeans just held a press conference to announce they’ve left HYBE’s ADOR… but the K-Pop giant says their deal is still ‘in full effect’
If you thought that Drake’s legal action against Universal Music Group was the artist vs. label dispute of the week, ...
NetEase Cloud Music inks deal to give its subscribers in China 30-day exclusive access to releases from K-Pop firm Kakao Entertainment
Chinese streaming service NetEase Cloud Music is increasingly positioning itself as the place to go for K-pop in China.Its latest ...
K-pop giant HYBE scrambles to pay back $293m in debt
K-pop giant HYBE is being forced to make an early repayment on KRW 400 billion (USD $293 million) in debt, ...
Alliance Entertainment reports increase in CD sales, thanks to K-pop and Taylor Swift
CD sales may be declining worldwide, but a prominent US distributor and wholesaler of physical music media says its CD ...
