News Jun 18, 2026

South Korean government launches fund for smaller K-Pop firms

The K-Pop sector is dominated by the ‘big four’ companies: Hybe, SM Entertainment, JYP Entertainment and YG Entertainment. However, the South Korean government wants more competition in the market, and its new fund aims to give smaller K-Pop firms a launchpad for growth. The ‘Global Leap Forward Sup

Originally published by Music Ally
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South Korean government launches fund for smaller K-Pop firms