Music Business News: South Korea

Revelations and predictions from Korean firm's all-important Q4 chat with fiscal analysts

ADOR said it hopes to meet with NewJeans “as soon as possible to discuss the path forward.”

'With our status as NewJeans' exclusive agency now legally affirmed, we are fully committed to supporting the artists going forward.'

Mexico has overtaken Australia to become the World's tenth-largest recorded music market.

The latest funding round follows a larger KRW 15 billion investment made into SM Friends in 2023

NewJeans realleged that HYBE and ADOR “continuously sidelined” them and sought to replace them with another group

The program will include a week-long training stint at SM Universe’s main campus in Seoul

Deal includes expedited investigation processes and the establishment of a reporting hotline in South Korea