Korea Joongang Daily
Korea JoongAng Daily

HYBE posts nearly 700 billion won in revenue for first quarter on BTS comeback

HYBE, the Korean entertainment conglomerate behind K-pop supergroup BTS, posted a sharp rise in first-quarter revenue from the band's comeback, but had an operating loss due to a one-off accounting cost tied to stock-based compensation for employees.

2026-04-29

Prosecution turns down police request for arrest warrant for HYBE founder Bang

The prosecution turned down an arrest warrant request for Bang Si-hyuk, chairman of K-pop powerhouse HYBE, who is currently under investigation for fraudulent trading and other issues.

2026-04-24

Police seek arrest warrant for HYBE chairman Bang Si-hyuk

Police have applied for an arrest warrant for Bang Si-hyuk, the chairman of HYBE, on charges of unfair trading, according to the Seoul Metropolitan Police Agency’s financial crimes investigation division on Tuesday.

2026-04-21

U.S. Embassy requests HYBE Chairman Bang's travel restriction be lifted amid ongoing investigation

The U.S. Embassy in Korea has requested that HYBE Chairman Bang Si-hyuk be allowed to travel to the U.S. for events celebrating the 250th anniversary of U.S. independence and to coordinate BTS's concerts.

2026-04-20

LG Innotek plans to expand business with composite modules

LG Innotek CEO Moon Hyuk-soo laid out aggressive growth targets for new businesses, reaffirming the company’s determination to reshape its business portfolio away from its heavy reliance on camera modules supplied for Apple’s iPhone.

2026-03-23

HYBE chief Bang tops richest K-culture shareholder list by wide margin, JYP second

HYBE Chair Bang Si-hyuk has emerged as the richest individual shareholder in Korea’s culture and content sector, with stock holdings far exceeding those of his industry peers.

2026-03-19

Team Korea turns Paralympic woes around with successful run at Milan-Cortina Games

Team Korea showcased their improvement at the 2026 Milan-Cortina Winter Paralympics, grabbing four medals and delivering one of their strongest results as of press time Sunday after years of struggle and a medal-less finish at the last Paralympics.

2026-03-15

Korea eyes closer ties with Finland in quantum, 6G sectors

Korea will seek to expand cooperation with Finland in science through a strategic partnership focusing on quantum and sixth-generation network technologies, Seoul's vice science minister said Friday.

2026-03-13

AKMU's Lee Chan-hyuk snags three wins at Korean Music Awards

Singer Lee Chan-hyuk of sibling duo AKMU won three awards at the 23rd Korean Music Awards (KMA) held Thursday evening.

2026-02-27

HYBE deposits $20.5M with court to secure stay of enforcement after losing civil case to Min Hee-jin

HYBE deposited 29.25 billion won ($20.5 million) with a Seoul court to secure a stay of enforcement after losing a 25.5 billion won civil case to former ADOR CEO Min Hee-Jin, now the founder of ooak records.

2026-02-26