Kpop News: The Latest Industry Updates & Developments

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Kpop News: The Latest Industry Updates & Developments

The latest Kpop news from the biggest artists and companies: BTS, Big Hit Entertainment, Red Velvet, SM Entertainment, Blackpink, YG Entertainment, TWICE, JYP Entertainment, GFriend, more.

Korea Singers Association President Asks BTS to Reconsider Break Up

With BTS on Hiatus, Hybe Is Reportedly Raising $380 Million From Investors To Bankroll Global Acquisitions

Dylan Smith

June 2, 2023

Photo Credit: HYBE Four months after tapping Scooter Braun to lead its stateside operation, BTS agency Hybe is reportedly looking to raise almost $400 million to bankroll an acquisition-heavy global expansion... Read More...

Multiple HYBE Employees Face Insider Trading Charges Related to BTS Military Hiatus

Ashley King

June 1, 2023

Photo Credit: HYBE At least three HYBE employees face an investigation for insider trading related to BTS' hiatus due to members' mandatory military service. Three HYBE employees are facing charges related t... Read More...

JYP Entertainment Inks Expanded Deal With Universal Music/Republic Ahead of ‘The Next K-Pop Explosion’

Dylan Smith

June 1, 2023

JYP Entertainment girl group Itzy. Photo Credit: Kinocine JYP Entertainment (KRX: 035900) has inked an expanded partnership agreement with Universal Music Group’s Republic Records amid a genre-wide push to ac... Read More...

EXO terminate SM Entertainment contracts

EXO Members Move to Terminate SM Entertainment Contracts

Ashley King

June 1, 2023

Photo Credit: Republic of Korea / CC by 2.0 EXO members Baekhyun, Xiumin, and Chen have moved to have their exclusive contracts with SM Entertainment terminated. As reported by South Korean news outlets, th... Read More...

HYBE inks distribution deal with Tencent Music Entertainment

K-Pop Label HYBE Inks New Distribution Deal with Tencent Music Entertainment

Ashley King

May 24, 2023

Photo Credit: HYBE Insight K-pop powerhouse HYBE has inked a music distribution deal with China's Tencent Music Entertainment. According to reports from The Seoul Economic Daily, the deal will see HYBE arti... Read More...

SM Entertainment Stock Jumps As Execs Reveal Solid Q1 Earnings and Plans for a Major North American Acquisition

Dylan Smith

May 16, 2023

SM's EXO-M. Photo Credit: Luhan Please Having put a much-publicized ownership battle with Hybe (mostly) in the rearview, K-pop agency SM Entertainment has revealed that it achieved a double-digit year-over-ye... Read More...

Step Aside, BTS — Seventeen Smashes Sales Records With ‘FML’ Ahead of World Tour

Dylan Smith

May 5, 2023

Seventeen performing live. Photo Credit: Korea.net Hybe-signed Seventeen has reportedly become the first act to sell over four million albums in a single week as measured by South Korea’s Hanteo Chart. The ... Read More...

Hybe Stock Jumps As BTS Agency Reports Q1 Revenue and WeVerse Growth Amid Global Buildout

Dylan Smith

May 2, 2023

Hybe stock jumped today after acts including NewJeans (pictured) contributed to a Q1 2023 album-revenue improvement. Photo Credit: SBS Radio Despite the split of K-pop sensation BTS, Hybe (KRX: 352820) genera... Read More...

South Korean Regulators Reportedly Raid SM Entertainment Headquarters Amid Stock-Manipulation Investigation

Dylan Smith

April 19, 2023

SM Entertainment girl group Aespa. Photo Credit: 이터널 리턴 Though SM Entertainment has thwarted a takeover attempt from K-pop rival Hybe, the effects of the companies’ months-long dispute are still being felt, a... Read More...

SM Entertainment Artists Are Heading to Hybe’s WeVerse — Despite Continued Fallout from the Companies’ Takeover Battle

Dylan Smith

April 18, 2023

Seoul, South Korea. Photo Credit: Mathew Schwartz With a much-publicized ownership dispute between SM Entertainment and Hybe now (mostly) in the rearview, SM artists are set to join the BTS agency’s WeVerse s... Read More...

Hybe Moves to Sell Entire SM Entertainment Stake After Takeover Attempt Falls Short — $434 Million+ Deal

Dylan Smith

March 24, 2023

Seoul, South Korea. Photo Credit: Ciaran O'Brien 12 days after formally ending a much-publicized campaign to take over SM Entertainment, BTS agency Hybe is selling its stake in the rival K-pop company. This ... Read More...

When Is BTS Getting Back Together? Here’s the Latest From HYBE

Ashley King

March 15, 2023

Photo Credit: TV10/TenAsia / CC by 3.0 When is BTS getting back together? HYBE has previously said that the group would reconvene in 2025 following the mandatory military service of all seven members. Here's ... Read More...