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EXO’s Baekhyun, Chen, and Xiumin have shared another statement through their legal representative. Following their initial statement announcing termination of their contracts with SM Entertainment, EXO’s Baekhyun, Xiumin, and Chen released a statement via their legal representative of the law firm LIN refuting SM Entertainment’s statement from June 1. On June 5, the legal representative of the three

It features HYBE, the agency behind the smash-hit group BTS, and tech giant Kakao in an A-list battle that could also determine the billion-dollar industry's future.

It's the kind of Korean psychodrama that excites millions of viewers: bitter boardroom battles, expensive lawyers, hostile takeover claims and...

Activist investor triggers real-life K-pop industry drama

SM Entertainment, a K-pop powerhouse, said Tuesday it will achieve 1.2 trillion won ($92.6 billion) in sales by 2025 and operating profit margin of 35 percent, releasing a detailed strategy to carry out the business blueprint announced earlier this month.