K-pop wields influence in local stock market

Girl band 2NE1

YG, third entertainment agency to be listed on KOSDAQ,
attracts 3.6 trillion won in IPO

The recent success of YG Entertainment and other listed Korean entertainment agencies in the stock market is an indicator of the growing influence of Korean pop music at home and abroad, analysts said Wednesday.

K-pop’s voice attracts 4 trillion won per year

American and European artists have long dominated the pop music scene worldwide. To cite a few examples, the iconic tunes of the Beatles of Britain and ABBA of Sweden flooded the soundtracks of the 1970s through the ‘80s. From the ‘80s to the ‘90s, American star Michael Jackson took over as the “King of Pop.”

Talent Agencies Becoming Tourist Spots for Foreign Fans

Courtesy of SM Entertainment

Die-hard fans are known to wait for hours in front of a star’s management agency or home just to catch a glimpse of their favorite singer or actor. In fact, many teenagers in Korea gather in front of management agencies all day long to see their idols.

Top Graduates Vie for Jobs in Entertainment Agencies

When management agency JYP Entertainment, whose stable includes manufactured bands 2PM, Wonder Girls and Miss A, interviewed for new staff last week, five of the six finalists were from Yonsei University and one from Korea University.

Ludacris Goes Korean

Prominent American hip-hop star Ludacris and South Korean label YG Entertainment have signed a memorandum of understanding (MOU) to collaborate in the South Korean market.

‘Introverts’ 2NE1 Stay Humble as Debut Concert Nears

2NE1 has been on a fast track to success since its debut in 2009 and now the K-pop girl group hopes to take another step forward with its first solo concert in Seoul from Aug. 26 to 28.