SM Entertainment

Concert revenues jumped more than 55% as SM's tours become increasingly international

Lee left SM Entertainment last year amid a power struggle, and is now returning to the pop music game with A2O Entertainment

Virtual artists are taking off in popularity, particularly in the South Korean market

However, the company's bottom line was dragged down by weak performances at subsidiary businesses

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Kakao's music streaming service Melon will be monitored for signs of anti-competitive practices

In the past five months, KMR has snapped up two music publishers and signed its first artist

SM Entertainment founder Lee Soo Man sells his remaining shares to HYBE

The K-pop giant has trimmed its revenue target for 2025 from KRW 1.8 trillion to KRW 1.4 trillion

TITAN says that it is 'poised to reshape and revolutionize the K-pop landscape'.

Consolidated operating profit amounted to a record high of KRW 50.5 billion ($38.5 million), up 69.8% YoY

Partnership was announced at a press conference in Seoul on Monday (September 4)

Plan was unveiled during an investor presentation on August 2

Korea's biggest music companies are increasing their presence in the United States – and they're hungry to grow market share