tmikpop @tmikpop.bsky.social · 12/05/2025Current MAU rate of Spotify Korea is around 1.4M. Naver’s paid membership is around 3.77M to 4.74M 080
tmikpop @tmikpop.bsky.social · 12/05/2025Naver is in discussions to bring Spotify to its members. In November of 2024, paid members of Naver were able to add Netflix for 4900 per month as opposed to the Netflix with ads subscription fee of 5500 (which is 7000w now) n.news.naver.com/mnews/articl...n.news.naver.com네이버, '슈퍼 멤버십' 만드나…넷플릭스 이어 스포티파이 '맞손' 추진네이버가 글로벌 음원 플랫폼 1위 스포티파이와의 협업을 추진한다. 멤버십 제휴로 확정되면 네이버 유료 멤버십은 넷플릭스뿐만 아니라 스포티파이 이용권 혜택까지 포함한 '슈퍼 멤버십'으로 성장할 전망이다. 12일 업계에 1214
tmikpop @tmikpop.bsky.social · 16/04/2025SG&A also increased significantly. Last year, TBL spent 22.7B on SG&A. While revenue increased by 7.9%, the cost of goods sold and SG&A rose 35.9% and 58.4% respectively. www.thebell.co.kr/free/Content...thebell.co.kr[Company Watch]더블랙레이블 , 로제 <아파트> 흥행에도 수익성 악화국내 최고 자본시장 미디어 thebell이 정보서비스의 새 지평을 엽니다. 171
tmikpop @tmikpop.bsky.social · 16/04/2025The service sector is also facing profitability issues. This division includes recent from artist services related to dramas, films, advertisements, events, and performances. In 2023, service sector revenue was 1.2B, a 6.5% from 2023. 191
tmikpop @tmikpop.bsky.social · 16/04/2025In the case of rookie artist MEOVV, the production costs appear to have been high and have struggled to recoup profits. 270
tmikpop @tmikpop.bsky.social · 16/04/2025Last year, TBL artists released three albums: Rosé’s ROSIE, released on October 18, and MEOVV and TOXIC by its rookie artist MEOVV. Rosie sold 400K copies but was released at the end of the year and there may not have been enough time to recoup the production costs. 160
tmikpop @tmikpop.bsky.social · 16/04/2025The cost of goods sold in the music album division amounted to 14.5B. In other words, more money was spent on production and related expenses than was earned in the music album division, resulting in a loss of 3.3B. 180
tmikpop @tmikpop.bsky.social · 16/04/2025The Black Label suffers its 7th year of consecutive loss. On Thursday, TBL reported 42.3B in revenue which is a 7.9% increase due to increased album sales. Album sales in 2024 were 11.2B, up 88.9% YOY. However the revenue did not cover production costs. 1235
tmikpop @tmikpop.bsky.social · 16/04/2025Note: the KPOPPED competition program is to star PSY and Megan Thee Stallion 1100
tmikpop @tmikpop.bsky.social · 16/04/2025and “KPOPPED”, a competition program with Apple TV+; and a band survival program. They will also be adding an ecommerce segment to its current MNET Plus fandom platform which will allow global users to experience pop up stores n.news.naver.com/mnews/articl...n.news.naver.comCJ ENM “엠넷플러스, 글로벌 팬플랫폼 진화…K팝 필수앱 될 것”CJ(001040)ENM이 음악 전문 채널 엠넷(Mnet) 개국 30주년을 맞아 글로벌 도약을 위한 음악 사업 부문 청사진을 공개했다. 엠넷은 글로벌 멀티레이블을 제작하고, 차별화된 콘텐츠를 바탕으로 ‘팬 플랫폼’인 150
tmikpop @tmikpop.bsky.social · 16/04/2025CJ ENM will establish a new global music label in parternship with a global company. Additionally, it will broadcast “World of Street Woman Fighters, "Boys 2 Planet,” a large-scale boy group audition program in Japan and China; 191
tmikpop @tmikpop.bsky.social · 16/04/2025KQ Entertainment has announced its intention of going public next year and has selected Mirae Asset as its IPO organizer. In the last two years, revenue has grown 150% and operating profit 184% primarily due to increased performance revenue. 2022: 46.4B / 4.4B 2023: 65B / 5.9B 2024: 115.8B/12.5Bn.news.naver.com에이티즈 소속사 KQ엔터, IPO 추진…미래에셋과 주관 계약이 기사는 04월 15일 14:36 마켓인사이트에 게재된 기사입니다. 에이티즈·싸이커스 소속사 KQ엔터테인먼트가 글로벌 아티스트 발굴에 필요한 자금을 확보하기 위해 기업공개(IPO)를 추진한다. 15일 투자은행(IB 072
tmikpop @tmikpop.bsky.social · 10/04/2025CJ ENM will launching Boys Planet 2 K and Boys Planet 2 C and debut a rookie team from each country (Korea and China). CJ ENM's strategy is to expand the global IP portfolio and recover the operating profit margin by increasing advertising, MD, and platform revenue www.topdaily.kr/articles/102...topdaily.krCJ ENM, 이익 반토막난 음악사업...'음악명가' 위상 흔들외형 확대에도, KCON 비용 부담에 영업익 56.5%↓ "글로벌 IP 확장·부가수익 다변화로 수익성 회복 시도할 것" 160
tmikpop @tmikpop.bsky.social · 10/04/2025The number of countries hosting KCON has increased from 12 to 14 and huge amounts of money are invested in the production costs but there are many instances where ticket prices are at a fixed level so revenue is extremely limited 160
tmikpop @tmikpop.bsky.social · 10/04/2025CJ ENM's music division has hit a structural limitation as it fails to maintain profitability in spite of expansion. Revenue increased 3.8% to 702.1B but Op Profit decreased by 56.5% to 30.9B The main reason for the deteriorating profit is due to increased cost of expanding its global business. 1121
tmikpop @tmikpop.bsky.social · 08/04/2025TLDR: Kakao Ent has failed to go public and Kakao is going to sell management rights. I know many of you will wonder about Hybe and I think the sale would not be approved by the Fair Trade Commission. 1132
tmikpop @tmikpop.bsky.social · 08/04/2025Bell Korea noted that Anchor has been looking to unload its shares for a while and that the key will be to find a structure that coordinates the sentiments of the investors who need an immediate exit and those who want to preserve their investment. t.co/Gj6RGbzbn1t.cohttps://www.thebell.co.kr/free/content/ArticleView.asp?key=202504080932567480107215 150
tmikpop @tmikpop.bsky.social · 08/04/2025PIFs and GICs that recently invested in hopes of an IPO are unlikely to participate in a sale that fails to deliver expected returns. n.news.naver.com/mnews/articl... This was originally broke by Bell Korea but KED had a more concise articlen.news.naver.com카카오 '몸값 11조' 카카오엔터 판다▶마켓인사이트 4월 8일 오후 5시 31분 카카오가 카카오엔터테인먼트 매각을 추진한다. 기업공개(IPO) 시장이 침체해 기업가치를 제대로 인정받고 상장하기 어려워지자 내린 결정이다. 카카오엔터 몸값은 11조원 수준으 140
tmikpop @tmikpop.bsky.social · 08/04/2025There is a view that the sale will be challenging due to conflicting interests as Kakao Ent shares are held by various strategic investors and financial investors. Anchor PE, an early investor who invested 10 years ago, is desperate for a quick exit. 140
tmikpop @tmikpop.bsky.social · 08/04/2025Kakao Ent's majority shareholders include: Kakao: 66.03% Hong Kong-based PEF Anchor PE: 12% A special purpose corporation (SPC) created by Anchor PE and Singapore GIC: 6.73% Saudi Arabia PIF: 5.1% Tencent: 4.5% 140
tmikpop @tmikpop.bsky.social · 08/04/2025The number of Kakao Ent subsidiaries grew from 14 in 2020 to 42 as of last year. In 2023, Kakao Ent, alongside Kakao, gained management control over SM Ent and its valuation at one point was estimated to be 20Tr. 150
tmikpop @tmikpop.bsky.social · 08/04/2025Its operating profit was 80.6B, an increase of 16.5% from 2023. Kakao Ent grew through a series of mergers & acquisitions. In 2022, it invested 1Tr to acquire Radish and Tapas. It also acquired Antenna, the agency founded by Yoo Hee-yeol and Yoo Jae-suk. 140
tmikpop @tmikpop.bsky.social · 08/04/2025Kakao Ent operates three main business: Music (entertainment agency), Story (webtoons and web novels) and Media (production company). Melon, Kakao Webtoon, and Kakao Page are its representative businesses. Last year, Kakao Ent generated sales of 1.8tr. This was a 3.2% decrease 150
tmikpop @tmikpop.bsky.social · 08/04/2025Back to article: Kakao Ent total value is believed to be around 11Tr. This was the value set in early 2023 when it received 1.2tr from PIFs and GICs. Buying candidates include game companies such as NCSoft and Kraft and large entertainment companies such as Hybe, and PEFs. 161
tmikpop @tmikpop.bsky.social · 08/04/2025liquidated Tapas Media and Radish Fiction in the US. Also related is how poorly Naver Webtoon stock is doing. Naver Webtoon went public on June 26, 2024, closing at $23 per share on its IPO day. It is now trading at $7.46) 140
tmikpop @tmikpop.bsky.social · 08/04/2025would not lead to a proper valuation. The company once considered listing on NASDAQ but judged it would not be easy. (Note: the original plan was to list on NASDAQ for 20tr. A large part of Kakao Ent was the webtoon business but that segment has performed poorly and they 150
tmikpop @tmikpop.bsky.social · 08/04/2025major shareholders and executives cashed out after the IPO and enjoyed massive profits but it diluted the Kakao share value: koreaherald.com/article/2763...) Back to article: It is believed Kakao is opting to sell management rights instead of an IPO because current market conditionskoreaherald.comInvestor disappointments continue for KakaoStarted as a mere app developing company, South Korea’s platform giant Kakao has been on the fast track of success, becoming the nation‘s fifth-largest business entity just in 11 years. ... 150
tmikpop @tmikpop.bsky.social · 08/04/2025Kakao Ent has been preparing for an IPO since 2019 but listing was canceled due to various controversies including other split listings. (Note: Kakao Pay and Kakao Bank both were spun off and listed publicly but it created a lot of controversy because 150
tmikpop @tmikpop.bsky.social · 08/04/2025According to the Investment Banking industry, Kakao Ent sent a letter to major shareholders of Kakao Ent including Anchor Equity Partners, Saudi Arabia's Sovereign Wealth Fund, Singapore's GIC Private Limited, and others announcing its intention to sell. 160
tmikpop @tmikpop.bsky.social · 08/04/2025Kakao intends to sell Kakao Entertainment. This decision was made due to the stagnating IP conditions, making it difficult to receive proper corporate valuation to go public. Kakao Ent's current valuation is said to be around 11tr. 1201
tmikpop @tmikpop.bsky.social · 04/04/2025Wendy and Yeri will not renew their contracts with SM Ent however, they will continue group activities as Red Velvet members. m.entertain.naver.com/article/609/...m.entertain.naver.com네이버 엔터 0385
tmikpop @tmikpop.bsky.social · 01/04/2025Singer Hong Jin-young's 2022 song "Love is 24 Hours", along with two other tracks, was belatedly revealed to have been created by the AI composer "E-Bom." n.news.naver.com/mnews/articl... and n.news.naver.com/mnews/articl...n.news.naver.com'인공지능 음악' 증가..."AI 안 썼다" 보증해야 저작권 등록최근 인공지능, AI가 만드는 음악이 늘어나면서 저작권에 관한 법률적 문제가 생길 가능성이 커지고 있습니다. 한국음악저작권협회는 신규 음악 저작권을 신고할 때 AI를 사용하지 않았다는 확인·보증을 받는 절차를 도입했 0190
tmikpop @tmikpop.bsky.social · 01/04/2025KOMCA says that under copyright law a work is defined as a creation that expresses human thoughts or emotions. AI-generated music does not meet this legal definition and therefore there is no legal basis for copyright and royalty payments. 1464
tmikpop @tmikpop.bsky.social · 01/04/2025and that KOMCA will withhold payment of royalties until a dispute is resolved. If you attest that the work did not use AI but it is later found otherwise, KOMCA can withhold payments and delete the work. 1301
tmikpop @tmikpop.bsky.social · 01/04/2025Korea Music Copyright Association introduces a new procedure requiring confirmation and verification that AI was not used in songs registered for new music copyrights. A registrant must also agree to bear all criminal and legal fees and penalties should a dispute arise over whether AI was used 211530
tmikpop @tmikpop.bsky.social · 01/04/2025SM GGs and Hybe BGs are particularly popular on Douyin. Aespa has 2.93 M followers and Hybe's SVT 2.25 and Enhypen 1.55M In Japan, there is strong interest for ILLIT and Baby Monsters. n.news.naver.com/mnews/articl...n.news.naver.com"올해 BTS 완전체 뜨면 年 3000억"…놀라운 전망 나왔다K팝 대표 기업의 음반 수출금액이 지난달부터 눈에 띄게 증가하고 있다. 중국과 일본을 중심으로 방탄소년단(BTS), 블랙핑크 멤버들과 세븐틴, 에스파, 아일릿 등 아이돌이 인기를 끌면서 전체 수출 증가를 견인했다. 060
tmikpop @tmikpop.bsky.social · 01/04/2025In February, China and Japan together accounted for 64.7% of South Korea's total album and DVD exports. Plave's Caligo Pt 1 and Jisoo's Amortage saw strong sales Kpop accounts for 31% of the Oricon Singles chart 161
tmikpop @tmikpop.bsky.social · 01/04/2025Last month, album and DVD exports to China reached $13.41 million, up 107.9% compared to February last year. From March 1st to 20th, exports amounted to $9.98 million, marking a 232% increase. For Japan, sales slowed in March but were up 72.9% last month to $10.05 million. 150
tmikpop @tmikpop.bsky.social · 01/04/2025Exports for albums and DVDs is up in 2025: Provisional data shows that exports of albums and DVDs in March was $20.13 million, a 6.4% increase. This follows a 46.1% surge last month to $36.25 million and represents two consecutive months of upward trends. 2142
tmikpop @tmikpop.bsky.social · 01/04/2025SM acquired an additional 11.4% from JYP and three DearU execs increasing its total ownership to 45.1% n.news.naver.com/mnews/articl... 050
tmikpop @tmikpop.bsky.social · 27/03/2025from 28.6B to 25.5B. The departure or absence of major artists had an impact. Weverse's MAU peaked at 10.6M in Q3 of 2023 and fell to 9.4M in Q4 of 2024. DearU saw its subscribers decrease from 2.3M to 1.9M during the same period. n.news.naver.com/mnews/articl...n.news.naver.comBTS 컴백하면 팬덤도 돌아오나… 위버스·디어유 ‘빨간불’기로에 선 K팝, 팬덤 플랫폼도 ‘흔들’ 위버스 매출 24% 감소, 손실도 2배 이상↑ SM 편입된 디어유도 구독 수 200만 붕괴 유료화 모델 도입, 中 진출 등 돌파구 모색 K팝이 최근 들어 성장세가 주춤하면서 0121
tmikpop @tmikpop.bsky.social · 27/03/2025As kpop's growth has stagnated, the fandom platforms Weverse and DearU, have also taken a step backward. Weverse Company revenues were down 24.3% in 2024 to 255.6B. Net loss doubled to 10.7B DearU's revenue decreased by 1.3% from 75.7B to 74.9B and operating profit decreased by 11% 1233
tmikpop @tmikpop.bsky.social · 27/03/2025Hybe is refocusing on its original business such as artist management n.news.naver.com/article/421/...n.news.naver.com[단독]하이브, 블록체인 자회사 '바이너리 코리아' 접는다박현영 블록체인전문기자 = 하이브의 웹3 자회사 하이브 바이너리 코리아가 사업을 종료한다. 사업을 본격화한 지 2년 여밖에 되지 않았지만 성과가 부진했던 데다, 기술 신사업보다는 아티스트 관리 등 주요 사업에 집중하 0273
tmikpop @tmikpop.bsky.social · 27/03/2025Hybe is withdrawing from the blockchain business and absorbing and merging its subsidiary Binary Korea. Last year, Binary Korea revenues were 468K with a net loss of 4.2B. It is noted that there is a change in Hybe's tone and the industry believes that due to its dispute with Ador last year, 1444
tmikpop @tmikpop.bsky.social · 27/03/2025n.news.naver.com/mnews/articl... Note: CBX took issue with this in regards to the settlement at a provided to them by SM 090
tmikpop @tmikpop.bsky.social · 27/03/2025Until now there was no specific provision governing how accounting document should be provided to the artists and as a result some entertainment agencies only allow an artist to view them (at the company) and do not provide copies. 1101
tmikpop @tmikpop.bsky.social · 27/03/2025tenure with his former agency, Hook Entertainment. Following a lawsuit, Hook paid LSS 5.4B. This amendment would require the agency to provide account details to the affiliated entertainers at least once a year even if there is no request, by mail or email. 182
tmikpop @tmikpop.bsky.social · 27/03/2025to differing interpretations of what disclosure means. There are claims that entertainers find it difficult to obtain data from their agencies. In 2022, singer and actor Lee Seunggi alleged that he had not been properly compensated for digital music royalties during his 18-year 161
tmikpop @tmikpop.bsky.social · 27/03/2025regulatory amendments and then interested parties can file comments supporting or resisting the changes). Article 14 of the current act requires agencies to disclose accounting records without delay to affiliated entertainers. However, conflicts have often arisen due 161
tmikpop @tmikpop.bsky.social · 27/03/2025According to the Ministry of Culture, Sports, Tourism, legislative notice has been announced regarding a partial amendment to the Enforcement Decree of the Popular Culture and Arts Industry Development Act. (Legislative notice is where the ministry proposes new laws or 1172
