Music Business News: South Korea

Company's catalog includes songs written for K-Pop stars like BTS, EXO, aespa, Monsta X and NCT DREAM

Shares of HYBE, the parent company of BTS’s management team BIGHIT MUSIC, rose 1.3% when the market opened on Tuesday (October 18)

HYBE has confirmed that BTS will carry out compulsory military service in their home country of South Korea

Oldest member of the group, Jin, will be the first to initiate the process

Under Korea’s laws, men aged 18 to 35 are required to serve in the military for 18 to 21 months.

LEVVELS is a Los Angeles-based joint venture company operated by HYBE and Dunamu

Supertone generated global media attention in January 2021 with its so-called Singing Voice Synthesis (SVS) technology.

Creative consulting agency ContraBrand publishes report on How Artists are Going Viral on TikTok in 2022