Music Business News: South Korea

HYBE is still feeling effect of BTS's absence

The company has announced plans to roll out a new group through its Latin America division

The move comes amid a trend of K-pop companies partnering with international entertainment firms to expand the K-pop talent search model worldwide

NetEase revealed that its platform now hosts 206 million monthly active users, showing minimal growth from the 205.9 million reported for 2023

The music industry groups are urging the government to implement regulations against poaching of artists who are under exclusive contracts

Supertone says its tool includes safeguards to prevent it from being used in deepfakes

Japan proved to be a particular strong market for SM in the latest quarter, as the company celebrates its 30th anniversary this year

'We deeply regret that the members have unilaterally made this choice,' said HYBE's ADOR