GRAY Cancels Appearance at 'Gapyeong International Coffee Festival' Due to Lack of Payment
On June 6, AOMG announced on their Instagram, "GRAY's appearance at the 1st annual 'Gapyeong International Coffee Festival' planned for June 8 has been unavoidably canceled due to lack of payment. We apologize, and we're letting fans know as soon as possible so fans are not negatively affected."
In other news, GRAY's most recent release was "TMI" this past April.
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Big Hit Entertainment’s Corporate Value Soars Above $1 Billion
Big Hit Entertainment, the agency that represents the globally popular K-pop band BTS, has surpassed $1 billion in corporate value, a local think tank said Thursday.
According to a report released by the Hyundai Research Institute, the value of the agency is estimated at between 1.28 trillion won ($1.08 billion) and 2.28 trillion won. With the valuation, the company was classified as a unicorn, meaning a nonlisted venture valued at over $1 billion.
Last year, the company scored 214.2 billion won in sales and 50.2 billion won in net profit. It also outran the industry’s top three players -- S.M. Entertainment, JYP Entertainment, and YG Entertainment -- in operating profit with 64.1 billion won, up 97.1 percent from a year earlier.
Despite snowballing rumors of its potential stock market flotation, however, the company earlier said it had no plans to go public in the foreseeable future.
Earlier this month, BTS held concerts at Britain’s Wembley Stadium, following in the footsteps of top-tier artists such as Queen, Michael Jackson, Madonna and Celine Dion.
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Noir Reveal Highlight Medley for 3rd Mini Album 'ABYSS'
The Noir members have been teasing their title track "Doom Doom", and the album preview above reveals teasers of the rest of the tracks.
'ABYSS' will be fully out on June 12.
Rapper Beenzino and Urban Zakapa will be collaborating for their upcoming single "Seoul Night".
On June 6, reports revealed Beenzino is featured in Urban Zakapa's new digital single "Seoul Night", which was composed by the group's 3 members Kwon Soon Il, Jo Hyun Ah, and Park Yong In. The track will be the rapper and trio's third collaboration together following "Get" in 2015 and "Thursday Night" in 2016.
Urban Zakapa's "Seoul Night" featuring Beenzino drops on June 13 KST.
In other news, Beenzino was officially discharged from his military service this past April.
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ATEEZ have revealed the track list for their upcoming album 'Treasure EP.3: One To All'.
The idol group are letting fans choose between "Illusion" and "Wave" as the title track, and the results will be revealed when the album is released. As previously reported, fans can visit ATEEZ's official fan cafe or MyMusicTaste's website to cast their votes.
ATEEZ's 3rd mini album 'Treasure EP.3: One To All' is set to drop on June 10 at 6 PM KST!
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