Music Business News: South Korea
Analysis News Seventeen's album FML racked up 4.64m pre-orders News Company, which has raised nearly $400m to date plans to use capital 'to acquire rights to evergreen songs' News A statement released by law firm Lin on Thursday (June 1) detailed the artists' intention to end their deals with the K-Pop company News South Korea-based music giant behind K-pop superstars BTS and rising stars New Jeans seeks to expand global presence via M&A News Companies originally entered into a strategic partnership in February 2020 News Deal will see music from HYBE artists including Seventeen and Tomorrow x Together made available on QQ Music, Kugou and Kuwo Analysis News Music companies are jumping into the virtual-artist space in a big way News HYBE releases 'first-ever multilingual track produced in Korean, English, Japanese, Chinese, Spanish and Vietnamese'