Music Business News: South Korea
News MZMC Inc. was founded in 2019 by Paul Thompson
Analysis News HYBE is buying a 14.8% stake in the company from SM Entertainment founder Lee Soo Man
News Quality Control, a music, sports, and film and television empire, was founded by Chief Executive Officer Pierre Pierre “P” Thomas and Chief Operating Officer Kevin “Coach K” Lee.
News Capital raised through the deal will fund new multi-label system, SM 3.0
News Event is claimed to be the first-ever dedicated K-pop experience on Roblox
News Company operates music streaming platform Melon and works with K-Pop stats like IVE and Monsta X
News PUBG already produces its own original music via a virtual band called POWER 4
News Wells has produced and written songs with the likes of Adele, Taylor Swift, John Legend, Dua Lipa, Quincy Jones and Katy Perry, among many others