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

Business & Finance
May 27, 2026
1 min read
The Black Label Lands $80M Investment Led by Tencent Music and Krafton
The record label was involved with the ‘KPop Demon Hunters’ soundtrack

The Black Label Lands $80M Investment Led by Tencent Music and Krafton
The record label was involved with the ‘KPop Demon Hunters’ soundtrack
Business & Finance
May 27, 2026

Marketing & Brand
May 21, 2026
1 min read
YG Plus and HYBE Extend Domestic Distribution Deal
The deal has already been in place for eight years

YG Plus and HYBE Extend Domestic Distribution Deal
The deal has already been in place for eight years
Marketing & Brand
May 21, 2026

Policy & Legal
May 14, 2026
1 min read
Samsung Rejects Claims of ‘Intentional Misuse’ in $15 Million Dua Lipa Lawsuit
The electronics giant says it’s “open to a constructive resolution”

Samsung Rejects Claims of ‘Intentional Misuse’ in $15 Million Dua Lipa Lawsuit
The electronics giant says it’s “open to a constructive resolution”
Policy & Legal
May 14, 2026

Business & Finance
May 11, 2026
1 min read
Sony Tops $3BN in Q1 Music Revenue, Up 19.5% YoY
Streaming growth and releases by Bad Bunny and Harry Styles were key drivers

Sony Tops $3BN in Q1 Music Revenue, Up 19.5% YoY
Streaming growth and releases by Bad Bunny and Harry Styles were key drivers
Business & Finance
May 11, 2026

Culture & Lifestyle
May 8, 2026
1 min read
Jieun Kim Appointed President of Warner Music Korea
The exec previously served as the company’s CFO

Jieun Kim Appointed President of Warner Music Korea
The exec previously served as the company’s CFO
Culture & Lifestyle
May 8, 2026

Culture & Lifestyle
May 8, 2026
1 min read
HYBE Launches ABD, A New Label Focused on Girl Groups
The first girl group is expected to debut later this year

HYBE Launches ABD, A New Label Focused on Girl Groups
The first girl group is expected to debut later this year
Culture & Lifestyle
May 8, 2026

Careers & People
May 6, 2026
1 min read
Jonathan Lee appointed Managing Director of AEG Presents Korea
The promoter continues to expand its international presence

Jonathan Lee appointed Managing Director of AEG Presents Korea
The promoter continues to expand its international presence
Careers & People
May 6, 2026

Policy & Legal
Apr 22, 2026
1 min read
Seoul Police Seek Arrest Warrant for HYBE Founder Bang Si-hyuk
It follows a lengthy investigation into alleged securities fraud

Seoul Police Seek Arrest Warrant for HYBE Founder Bang Si-hyuk
It follows a lengthy investigation into alleged securities fraud
Policy & Legal
Apr 22, 2026
📨 Subscribe to NIF
Get news dropped in your inbox 👇
Featured Jobs
Selected open roles from Jobs by ROSTR










