Tax Cheat or Legitimate Business? As More K-Pop Stars Launch Solo Labels, Regulators Crack Down
via billboard.com
Short excerpt below. Read at the original source.
South Korea’s entertainment industry is experiencing a fundamental structural shift as established artists increasingly exit major agencies to launch independent operations. These one-person entertainment companies — termed il-in gihoeksa (일인 기획사) in Korean — allow performers to retain intellectual property rights, negotiate contracts directly, and capture substantially higher revenue shares than traditional agency arrangements permit. […]