Music Business News: South Korea

Spotify to launch in South Korea in first half of 2021

South Korea will become Spotify’s 93rd active market

Big Hit’s Weverse app has been key to its $400m pandemic success. Now it’s expanding the tech to Universal Music Group artists.

Gracie Abrams, Alexander 23 and YUNGBLUD to become first US-signed artists to get Weverse fan communities

Despite the pandemic, Big Hit Entertainment generated revenues of $436m in the first 9 months of 2020

New results shine light on BTS label's progress in IPO year

Big Hit CEO Bang Si-hyuk now worth comfortably more than $2bn as BTS firm’s IPO takes flight in Korea

"We will uphold the stockholder's value in various terms by raising profitability, growth potential and contributions to society."

K-Pop stars BTS draw nearly 1m to latest pay-per-view online concert – banking big money in the process

It's likely that the 'MAP OF THE SOUL ON:E' event generated over $35m

News Uncategorized

BTS label Big Hit Entertainment confirms share pricing for IPO, carrying $4bn+ company valuation

Company will raise $820m through the IPO

Writing Dynamite for BTS: ‘It’s taken a lot of years and a lot of work to get to this incredible, life-changing moment…’

David Stewart and Jessica Agombar, the 100% writers behind Dynamite, discuss being at the center of the hurricane

BTS partners with Epic Games for new video premiere on Fortnite’s Party Royale Main Stage

In-game event to take place on Friday, September 25