JYP founder pushes back against parliamentary scrutiny over 'Fanomenon,' cites 'sacrifice' by K-pop agencies Park Jin-young told lawmakers that K-pop’s biggest agencies are giving up revenue, not gaining favor, by participating in the government-backed concert and awards project. 2026.10.7
Park Jin-young says he didn't realize he was paid for 'unpaid' committee role The singer and K-pop mogul, who said he will testify under oath at the National Assembly's annual audit, defended mixing business and ministry activities while offering to return his 2 million won monthly government allowance. 2026.10.6
K-pop wants its own Coachella. But what does that even mean? While the phrase "Korean Coachella" has been used by the media for months now, the blueprint for "Fanomenon" appears to bear little resemblance to the desert-set music and arts festival. 2026.8.20
Gov’t hopes integrated K-pop awards show will become global 'Fanomenon' A Culture Ministry-backed 11-day event led by Korea’s four biggest agencies will debut in 2027, with awards honoring fandoms and a projected economic impact approaching 1 trillion won. 2026.7.27
K-pop's four main agencies in talks to create Korean version of Coachella K-pop’s four major agencies are in the process of establishing a joint venture aimed at launching a large-scale concert project comparable to Coachella, tentatively dubbed “Fanomenon.” 2026.4.16
Presidential K-culture committee appoints five senior global media executives as special members The Presidential Committee on Popular Culture Exchange appointed five senior global music and media executives as special members, the advisory body said Friday. 2026.1.30
Singer Park Jin-young hopes to do more for K-pop industry through presidential committee role Singer Park Jin-young said Wednesday that he decided to accept the co-chair role of the Presidential Committee on Popular Culture Exchange because he "wanted to do things for the K‑pop industry that our company cannot do." 2025.11.6
![K-pop boy band Big Bang performs at Coachella Valley Music and Arts Festival in Indio, California, on April 11. [SCREEN CAPTURE]](https://image.koreajoongangdaily.com/12710044.jpg?imageId=12710044&width=240&height=184&format=webp&format=jpg)
![From left: Republic Records CEO Monte Lipman, Presidential Committee on Popular Culture Exchange Chairman Park Jin-young, The Raine Group Partner Fred Davis and Penske Media Corporation CEO Jay Penske pose for a photo during an appointment ceremony held on Jan. 29. [MINISTRY OF CULUTRE, SPORTS AND TOURISM]](https://image.koreajoongangdaily.com/12195533.jpg?imageId=12195533&width=240&height=184&format=webp&format=jpg)
![Singer Park Jin-young was appointed co-chair of the Presidential Committee on Popular Culture Exchange. [NEWS1]](https://image.koreajoongangdaily.com/12058752.jpg?imageId=12058752&width=240&height=184&format=webp&format=jpg)