Music Business News: South Korea

South Korea-headquartered entertainment giant HYBE has published its financial results for Q2 2024

The biggest stories from the past week – all in one place…

'Superfans [are] a new growth engine in the global music market.'

Company launches HYBE MUSIC GROUP APAC, reorganizes three core 'pillars' of its business, and plans to make investments in gen AI, gaming and more

Jiwon Park, who has served as HYBE's CEO for the past three years, has stepped down from his role at the company.

The arrest jeopardizes the future plans of Kakao, one of South Korea's most prominent tech giants

Grande's debut on the app offers an opportunity for Weverse to reverse a decline in users amid BTS's ongoing hiatus

The biggest stories from the past week – all in one place…