South Korea

South Korea is a major global player in the music industry, especially known for K-pop, which has achieved international popularity and economic growth. The industry saw a record revenue of around 12.6 trillion KRW in 2023, with groups like BTS and Blackpink leading the way.[1][2]

Sources

1. Music industry in South Korea - statistics & facts - Statista

2. K-pop - Wikipedia

Updated:

Jun 9, 2025

South Korea

South Korea is a major global player in the music industry, especially known for K-pop, which has achieved international popularity and economic growth. The industry saw a record revenue of around 12.6 trillion KRW in 2023, with groups like BTS and Blackpink leading the way.[1][2]

Sources

1. Music industry in South Korea - statistics & facts - Statista

2. K-pop - Wikipedia

Updated:

Jun 9, 2025

Related News

Related News

Deals & Signings

Oct 7, 2026

1 min read

Atlantic Music Group Launches Strategic Partnership With Kakao Entertainment to Develop K-pop IP

Kakao is a South Korean diversified music company

Atlantic Music Group Launches Strategic Partnership With Kakao Entertainment to Develop K-pop IP

Kakao is a South Korean diversified music company

Deals & Signings

Oct 7, 2026

Deals & Signings

Oct 6, 2026

2 min read

HYBE's Blue Highway Records and Thomas Rhett Join Forces to Launch Fifty-One/Forty-Nine Records

As a diamond-certified artist, Rhett is well-suited for the label's artist-first approach.

HYBE's Blue Highway Records and Thomas Rhett Join Forces to Launch Fifty-One/Forty-Nine Records

As a diamond-certified artist, Rhett is well-suited for the label's artist-first approach.

Deals & Signings

Oct 6, 2026

Awards & Milestones

Oct 1, 2026

2 min read

Recording Academy Decides to Keep Asian Pop Category in the 2027 Grammys

This decision follows backlash from K-pop superstars BTS

Recording Academy Decides to Keep Asian Pop Category in the 2027 Grammys

This decision follows backlash from K-pop superstars BTS

Awards & Milestones

Oct 1, 2026

Policy & Legal

Sep 15, 2026

1 min read

Samsung Seeks to Dismiss Dua Lipa’s Copyright and Trademark Infringement Suit

The suit relates to the unauthorized use of her image on TV boxes

Samsung Seeks to Dismiss Dua Lipa’s Copyright and Trademark Infringement Suit

The suit relates to the unauthorized use of her image on TV boxes

Policy & Legal

Sep 15, 2026

Culture & Lifestyle

Sep 14, 2026

1 min read

30% of Live Nation’s 50 Biggest Tours are From Non-English-Speaking Artists

This compares to 8% before the pandemic

30% of Live Nation’s 50 Biggest Tours are From Non-English-Speaking Artists

This compares to 8% before the pandemic

Culture & Lifestyle

Sep 14, 2026

Deals & Signings

Sep 14, 2026

1 min read

BTS Label BIGHIT MUSIC Begins Auditions for New Male Talent

The HYBE sublabel will take online auditions and in-person auditions in 15 cities around the world

BTS Label BIGHIT MUSIC Begins Auditions for New Male Talent

The HYBE sublabel will take online auditions and in-person auditions in 15 cities around the world

Deals & Signings

Sep 14, 2026

Culture & Lifestyle

Sep 3, 2026

1 min read

SM Entertainment and Tencent Music Join Forces on New Beijing-Based Co-Venture: STE

This move sees a Chinese and South Korean powerhouse pool their resources for the greater China market

SM Entertainment and Tencent Music Join Forces on New Beijing-Based Co-Venture: STE

This move sees a Chinese and South Korean powerhouse pool their resources for the greater China market

Culture & Lifestyle

Sep 3, 2026

Awards & Milestones

Aug 17, 2026

1 min read

Report: Grammys May Reconsider New Asian Pop Category

The news follows BTS’ decision not to submit music for the 2027 awards

Report: Grammys May Reconsider New Asian Pop Category

The news follows BTS’ decision not to submit music for the 2027 awards

Awards & Milestones

Aug 17, 2026