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Concert venue shortage becomes headache for K-pop industry

When it comes to music, Korea has almost everything it needs — talented singers, songwriters, dancers and even different crews who can elevate stage performances to the next level. The country, however, lacks one big thing: places where singers can perform and showcase the fruits of their efforts. ....

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SM Entertainment to grant Kakao exclusive rights to distribute albums, music: sources

SM Entertainment, a K-pop powerhouse, said Thursday it will inject 1 trillion won ($767.8 million) into programs to facilitate its artists advance into the global market and build. ....

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Kakao views AI chatbot, SM's K-pop content as new growth engines

Kakao said Friday it will come up with a cost-effective artificial intelligence (AI) powered chatbot fluent in Korean and that it will collaborate with SM Entertainment to utilize K-pop content for the global expansion of both companies. ....

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K-pop concert-specific venues to open in Seoul metropolitan area

K-pop fans will soon be able to enjoy more quality performances at new concert-specific arenas in the Seoul metropolitan area, with three large venues slated to open over the next few years. This year, the 15,000-seat Inspire Arena will begin operations in Incheon, west of Seoul. The performance hall is part of Inspire Entertainment Resort - a casino resort by U.S. operator Mohegan Gaming & Entertainment, which will be set up near Incheon International Airport. ....

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