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Melon streams to be counted toward Billboard charts

Billboard will start counting Melon streams toward three of its music charts Wednesday, the Korean music streaming service said the same day. Melon signed a...

YouTube closes MAU gap with Kakao and Naver

YouTube is gaining a strong foothold in Korea as its number of monthly users is close to outpacing that of dominant players like Kakao...

Cube Entertainment signs $62 million deal with Kakao Entertainment

Cube Entertainment signed an 80-billion-won ($62 million) music distribution deal with Kakao Entertainment, the agency said Wednesday. Over the next five years, the Kakao subsidiary...

Kakao buys Loen and its MelOn music service

Kakao announced Monday it bought a controlling share of Loen Entertainment, operator of Korea’s top digital music streaming-download service MelOn, for 1.87 trillion won...

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