A few months back Lee Soo-man appeared on stage at the 2021 World Cultural Industry Forum and boasted of his formative role in the Korean pop industry. “K-pop…
Tag: Big Hit Entertainment
DC Comics and HYBE Pact With Korea’s Webtoon for Content Creation
American cartoon giant DC Comics and South Korean talent agency HYBE have agreed to work with online animation firm Webtoon on content creation. Korea-based Webtoon is part of…
BTS Backer HYBE Books 21% Profit Growth as Industry Recovery Continues
HYBE, the management firm behind Korean pop sensation BTS, booked a 21% increase in net profits in the three months to June 2021 and said that its artists…
South Korean Film Biz Sets Plans for Recovery and a Future That Will Be Significantly More Digital
Compared with the U.S. or European countries, South Korea’s infection and death toll from COVID-19 was small. But the disease has had an outsize impact transforming the entertainment…
Bang Si-hyuk Steps Down as CEO of BTS Powerhouse HYBE
Bang Si-hyuk is stepping down from his role as CEO of HYBE (formerly known as Big Hit Entertainment) as a part of a major restructuring of leadership at…
Scooter Braun Talks BTS and His Company’s Future With Korean Entertainment Giant HYBE
When Scooter Braun and Bang Si-hyuk first began to discuss the possible merger of their two companies, their Zoom calls had surprisingly little to do with business. As…
Scooter Braun Speaks: The Music Mogul on His Billion-Dollar HYBE Deal, Taylor Swift and Playing the Long Game
The world of Scott “Scooter” Braun, Variety’s Music Mogul of the Year, is a whirlwind, with pop stars like Justin Bieber and Ariana Grande relying on him for…
Scooter Braun Sues Former Business Associate for Fraud, Claims ‘Money Grab’ on Heels of Billion-Dollar HYBE Deal
Manager Scooter Braun is sparring with former business associate Peter Comisar over terms of an agreement from 2017 which detailed the formation of SCOPE Capital Management, a private…
Korea’s CJ ENM to Spend $4.4 Billion on Content as It Seeks Global Role
CJ ENM, the Korean corporation behind Oscar-winning film “Parasite,” and the “Snowpiercer” TV series, is to expand its investment in entertainment content to a massive $4.4 billion over…
BTS’s J-Hope Gives $90,000 to Africa Charity as HYBE Profits Advance
J-Hope, a member of the seven-piece K-pop group BTS, has donated KRW100 million ($90,000) to help children in Africa, it was reported on Tuesday. The same day HYBE…
Ariana Grande, Justin Bieber, J Balvin to See Big Paydays From Scooter Braun Mega Deal
In the merger between BTS’ label HYBE and Scooter Braun’s Ithaca Holdings, Braun’s SB Projects roster of clients — among them Justin Bieber, Ariana Grande, J Balvin and…