Music Business News: South Korea

'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

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