Korea Won News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Korea aims to sharply lower fiscal deficit for next year

The biggest stories from the past week – and why they matter…

BTS member j-hope is the first of the group to officially kick off his solo career with an upcoming album…

BTS label Big Hit is buying a $63m stake in rival K-Pop company YG January 27, 2021 BLACKPINK Big Hit Entertainment, the K-Pop powerhouse behind BTS, has revealed its intention to invest 70 billion won (approximately $63m) in rival K-Pop company YG Entertainment. Seoul-based YG Entertainment, founded by Yang Hyun-suk in 1996, has worked with K Pop superstars like BLACKPINK, BIGBANG, 2NE1, and Psy. In 2018, Universal Music Group and Interscope announced a global deal to represent YG Entertainment’s biggest artist, girl band BLACKPINK, outside of Asia. Yonhap News Agency, the deal will see Ba...

Koury Angelo for Rolling Stone; Toni Anne Barson/Wireimage As reported by Korea’s Yonhap News Agency, Big Hit Entertainment, the K-Pop powerhouse behind BTS, has revealed its intention to invest 70 billion won (approximately $63 million) in rival K-Pop company YG Entertainment. The deal will see Bang Si-hyuk-led Big Hit, and its subsidiary beNX, invest 30 billion won and 40 billion won, respectively, in YG affiliate YG Plus. Variety reports that this investment gives Big Hit and beNX a combined 17.9% stake in YG Plus. Seoul-based YG Entertainment, founded by Yang Hyun-suk in 1996,...