Tech giant Kakao had agreed to buy shares as part of a partnership agreement, which SM founder Lee Soo Man opposes; he turned to rival HYBE instead.
Four artists claim they were canceled “in bad faith and in breach of contract.” Bluesfest says otherwise.
Slated for April 26-28, this year's edition of the electronic music conference will focus on topics including AI, music rights management, ageism, Web3 and more.
Warner Music Central Europe co-president Doreen Schimk has a backstory worthy of a movie – and it was made into one.
China, which unilaterally blocks YouTube, Facebook and other U.S.-based platforms, decries suppressing "other countries' companies."
The fintech firm's CEO believes a faster and more transparent royalty process will "help all facets of the industry earn more money."
J-Hope will be the second BTS member, following Jin, to enlist for the nation’s mandatory 18-month military service.
Buma/Stemra has created a progressive system for paying performance royalties for festival sets.
There is a precedent for a world leader receiving a Grammy nomination. Former Soviet leader Mikhail Gorbachev won a Grammy in 2004.
HYBE, which owns a 14.8% stake in the competing K-pop company, criticized the tie-up with tech company Kakao as one-sided and harmful to shareholders.
