Music Business News: South Korea
News The move comes amid a trend of K-pop companies partnering with international entertainment firms to expand the K-pop talent search model worldwide News NetEase revealed that its platform now hosts 206 million monthly active users, showing minimal growth from the 205.9 million reported for 2023 News The music industry groups are urging the government to implement regulations against poaching of artists who are under exclusive contracts News Supertone says its tool includes safeguards to prevent it from being used in deepfakes Analysis News Japan proved to be a particular strong market for SM in the latest quarter, as the company celebrates its 30th anniversary this year News 'We deeply regret that the members have unilaterally made this choice,' said HYBE's ADOR Analysis News New data shows that, even as K-Pop gets bigger in the US, album sales declines in its home country in 2024 News Del Real, known for his work with multiple Latin Grammy Award-winning rock band Café Tacvba, has already released his first single under the new label