{"id":228545,"date":"2025-04-11T21:17:19","date_gmt":"2025-04-11T20:17:19","guid":{"rendered":"https:\/\/www.musicbusinessworldwide.com\/?p=228545"},"modified":"2025-04-14T21:47:01","modified_gmt":"2025-04-14T20:47:01","slug":"tae-ho-kim-hybe-coo-and-belift-lab-president-talks-enhypen-coachella-and-superfans","status":"publish","type":"post","link":"https:\/\/www.musicbusinessworldwide.com\/tae-ho-kim-hybe-coo-and-belift-lab-president-talks-enhypen-coachella-and-superfans\/","title":{"rendered":"Taeho Kim, HYBE COO and BELIFT LAB President, talks ENHYPEN, ILLIT, Coachella, and superfans"},"content":{"rendered":"<p>MBW\u2019s World Leaders is a regular series in which we turn the spotlight toward some of the most influential industry figures overseeing key international markets. In this feature, we speak to Taeho Kim, Chief Operating Officer of HYBE and President of BELIFT LAB, where he leads the teams behind K-Pop groups ENHYPEN and ILLIT. World Leaders is supported by <a class=\"link-external\" target=\"_blank\" href=\"https:\/\/www.soundexchange.com\/\" rel=\"noopener\">SoundExchange<\/a>.<\/p>\n<hr \/>\n<p class=\"whitespace-pre-wrap break-words\">K-Pop stars <strong>ENHYPEN<\/strong> are no strangers to big milestones.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">The group, which was formed through HYBE&#8217;s global audition program I-LAND and debuted via HYBE-owned BELIFT Lab in 2020, became the fastest K-Pop boy group to surpass three billion streams on Spotify, according to their label.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">Less than five years after their debut (during the pandemic), they&#8217;ve become a global phenomenon. HYBE says that, with nearly <strong>10 million<\/strong> monthly listeners on Spotify and over <strong>25 million<\/strong> followers on TikTok, they&#8217;re now the &#8220;third-most influential&#8221; K-Pop artist on social media. They&#8217;ve also claimed the position of sixth most viewed artist on TikTok globally, and third most viewed on the platform in K-pop.<\/p>\n<p class=\"whitespace-pre-wrap break-words\"><strong>ENHYPEN&#8217;s<\/strong> album sales success tells an equally impressive story. <em>ORANGE BLOOD<\/em> (2023) and <em>ROMANCE : UNTOLD<\/em> (2024) hit No.4 and No.2 on the Billboard 200, respectively, with <strong>1.87 million<\/strong> and <strong>2.34 million<\/strong> first-week sales.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">The group&#8217;s fan engagement levels are also remarkable. ENHYPEN hosted 220 livestreams on Weverse \u2013 HYBE&#8217;s proprietary superfan platform \u2013 last year, amassing <strong>87 million<\/strong> real-time views and <strong>137 million<\/strong> cumulative views, the highest among all artists on the platform. They were also the most active artist on Weverse by comments last year.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">This weekend marks the group&#8217;s latest major achievement \u2013 their debut performance at Coachella.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">      <div class=\"mb-advert__incontent\">      <div class=\"mb-advert mb-advert__tweeny hidden-xs hidden-ms hidden-sm\" data-loaded=\"no\" data-sizes=\"992 1200 1440\" data-name=\"628x90 Sponsor banner #7 (992+1200+1440)\" data-params=\"dfp_sponsor7_628\" id=\"dfp_sponsor7_628\"><\/div>      <div class=\"mb-advert mb-advert__banner mb-advert__banner--inline hidden-xs hidden-sm hidden-md hidden-lg\" data-loaded=\"no\" data-sizes=\"480\" data-name=\"468x60 Sponsor banner #7 (480)\" data-params=\"dfp_sponsor7_468\" id=\"dfp_sponsor7_468\"><\/div>      <div class=\"mb-advert mb-advert__mobile mb-advert__mobile--inline hidden-ms hidden-md hidden-lg\" data-loaded=\"no\" data-sizes=\"320 768\" data-name=\"300x50 Sponsor banner #7 (320+768)\" data-params=\"dfp_sponsor7_300\" id=\"dfp_sponsor7_300\"><\/div>      <\/div>      <\/p>\n<p class=\"whitespace-pre-wrap break-words\">For <strong>Taeho Kim<\/strong>, President of BELIFT LAB and Chief Operating Officer of South Korea-born entertainment giant <strong>HYBE<\/strong>\u00a0\u2013 ENHYPEN&#8217;s Coachella appearance represents a crowning achievement that validates his artist development philosophy.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">&#8220;Since ENHYPEN debuted in late 2020, they&#8217;ve consistently grown, steadily expanding their global album sales and the scale of their tours,&#8221; he tells us.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">&#8220;I believe that Coachella will be a defining moment that shows just how far they have come in the past four years, evolving into incredible artists. For BELIFT LAB, as a team that has supported ENHYPEN&#8217;s journey throughout the years, this moment is both a celebration of how far we&#8217;ve come and a chance to think about the new goals and challenges we want to take on moving forward.&#8221;<\/p>\n<blockquote><p>&#8220;BELIFT LAB\u2019s focus goes beyond just achieving success, as we are committed to sharing these experiences and insights across HYBE.&#8221;<\/p><\/blockquote>\n<p class=\"whitespace-pre-wrap break-words\">Kim&#8217;s own journey with HYBE began in 2016 when he was appointed as an outside director for what was then Big Hit Entertainment. By 2018, he had joined forces with Chairman Bang Si-Hyuk to establish BELIFT LAB, a joint venture between Big Hit and CJ ENM that would later become a fully-owned HYBE subsidiary.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">&#8220;I took on the role of Chief Strategy Officer at HYBE to build a stronger organizational structure while simultaneously continuing to lead BELIFT LAB,&#8221; Kim explains.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">BELIFT LAB has continued to make its mark on the global music industry under Kim&#8217;s leadership. In addition to ENHYPEN, Kim leads the team behind &#8216;rookie&#8217; girl group <strong>ILLIT<\/strong>, which made what he describes as &#8220;one of the most impressive debuts in K-pop history,&#8221; becoming the first and so far only K-pop girl group to enter the Billboard Hot 100 with their debut single, <em>Magnetic<\/em>.<\/p>\n<hr \/>\n<div class=\"mb-embed-container\"><iframe src=\"https:\/\/www.youtube.com\/embed\/Vk5-c_v4gMU?si=rJ0PrWaAPdQCs_iz\" frameborder=\"0\" allowfullscreen><\/iframe><\/div>\n<hr \/>\n<p class=\"whitespace-pre-wrap break-words\">As he explains in our wide-ranging interview below, Kim attributes BELIFT LAB&#8217;s success to its focus on &#8220;connecting [its] artists&#8217; content to the fans.&#8221;<\/p>\n<p class=\"whitespace-pre-wrap break-words\">This fan-centric approach extends throughout HYBE&#8217;s ecosystem, Kim notes, and particularly through Weverse, where ENHYPEN boast the second-largest artist community on the platform after HYBE&#8217;s flagship act BTS.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">Looking ahead, Kim sees both challenges and opportunities in the globalization of fandom-based businesses like K-Pop.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">&#8220;K-pop needs tailored IP strategies that resonate with each region&#8217;s culture, language, and emotions,&#8221; he says.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">And despite BELIFT LAB&#8217;s various commercial wins, Kim&#8217;s ultimate goal transcends business metrics: &#8220;My primary focus is cultivating &#8216;happy artists,'&#8221; he says.<\/p>\n<p class=\"whitespace-pre-wrap break-words\">&#8220;Life in the spotlight is complex; providing unwavering support for their aspirations and translating that into musical and commercial success is crucial. In the end, my job is to facilitate the mutual growth of both the artists and the label.&#8221;<\/p>\n<p class=\"whitespace-pre-wrap break-words\">Here, Taeho Kim tells us more about his career in the music industry, what differentiates BELIFT Lab from other K-Pop labels, and what the global music business can learn from K-Pop&#8217;s approach to superfans&#8230;<\/p>\n<hr \/>\n<h6><figure class=\"mbw-articlepic mbw-articlepic--right\"><a class=\"link-internal\" href=\"https:\/\/www.musicbusinessworldwide.com\/files\/2020\/05\/Big-Hit-e1590507554292.jpg\" target=\"_blank\" rel=\"noopener\"><\/a><a href=\"https:\/\/www.musicbusinessworldwide.com\/files\/2020\/05\/Big-Hit-e1590507554292.jpg\" data-lightbox=\"image-set\" data-title=\"\"><img  class=\"lazyload\" src=\"https:\/\/www.musicbusinessworldwide.com\/files\/2020\/05\/Big-Hit-e1590507554292-80x45.jpg\" data-srcset=\"https:\/\/www.musicbusinessworldwide.com\/files\/2020\/05\/Big-Hit-e1590507554292-80x45.jpg 80w, https:\/\/www.musicbusinessworldwide.com\/files\/2020\/05\/Big-Hit-e1590507554292-160x90.jpg 160w, https:\/\/www.musicbusinessworldwide.com\/files\/2020\/05\/Big-Hit-e1590507554292-320x180.jpg 320w, https:\/\/www.musicbusinessworldwide.com\/files\/2020\/05\/Big-Hit-e1590507554292-418x235.jpg 418w, https:\/\/www.musicbusinessworldwide.com\/files\/2020\/05\/Big-Hit-e1590507554292-648x365.jpg 648w\" data-sizes=\"auto\"><i class=\"fas fa-search-plus magnifying-glass-icon\"><\/i><\/a><\/figure>Can you please tell our readers about your journey to becoming the President of BELIFT LAB and COO of HYBE?<\/h6>\n<p>I first crossed paths with Chairman Bang [pictured]\u00a0while I was working as a marketing executive for Daum (now known as Kakao), when Daum had JYP Entertainment as its subsidiary<b data-removefontsize=\"true\" data-originalcomputedfontsize=\"16\">. <\/b>In 2016, I was appointed as an outside director of Big Hit Entertainment (now rebranded as HYBE), where I had many opportunities to sit down with him to have candid conversations on the future of K-pop.<\/p>\n<p>By 2018, he was exploring the idea of combining various media channels with the precise music production mechanisms that led to BTS\u2019 success, and the joint venture between Big Hit and CJ ENM was a means to actualize this vision. That\u2019s when I came on board as the head of that Joint Venture, which eventually became BELIFT LAB.<\/p>\n<p>After we established BELIFT LAB, we worked on I-LAND, the audition show that led to ENHYPEN\u2019s debut. In March 2019, following Chairman Bang\u2019s request, I took on the role of Chief Strategy Officer at HYBE to build a stronger organizational structure while simultaneously continuing to lead BELIFT LAB. As a side note, in 2023, HYBE acquired both CJ ENM&#8217;s and my shares in BELIFT LAB, making it a fully-owned subsidiary of HYBE.<\/p>\n<hr \/>\n<h6>Could you give us an overview of your broader remit within the wider HYBE organization?<\/h6>\n<p>As the President of BELIFT LAB, I am responsible for setting the concepts, market positioning, and growth strategies for both ENHYPEN and ILLIT. This means that I oversee every aspect of their journey, from defining their musical direction and conceptualizing music videos to making the final decisions on key aspects of the business, including live performances, business strategies, and marketing initiatives. My focus is on guiding our artists towards sustainable, meaningful success in the global music landscape, ensuring that the work we do at BELIFT LAB is aligned with their artistic vision and long-term growth.<\/p>\n<blockquote><p>&#8220;My focus is on guiding our artists towards sustainable, meaningful success in the global music landscape, ensuring that the work we do at BELIFT LAB is aligned with their artistic vision and long-term growth.&#8221;<\/p><\/blockquote>\n<p>As the COO of HYBE, I oversee the company\u2019s overall business operations. Some of these include planning and producing high-quality offline and online concerts for HYBE artists (360), offering exclusive fan experiences through brand collaborations (IPX), and licensing, limited-edition merchandise, and the in-house production and distribution of original video content based on fans and artists (HYBE MEDIA STUDIO).<\/p>\n<p>Taking on both roles is only possible because I work with amazing teams. I truly believe that HYBE has some of the best talent in the world. Being the head of a label also provides a unique advantage in shaping and driving HYBE\u2019s vision for innovation in the music industry. Through our artists ENHYPEN and ILLIT, BELIFT LAB has pioneered groundbreaking business strategies and customer experiences that no other company or label has ever tried.<\/p>\n      <div class=\"mb-advert__incontent\">      <div class=\"mb-advert mb-advert__spu\" data-loaded=\"no\" data-name=\"300x250 Sponsor MPU #7\" data-params=\"dfp_spu7\" id=\"dfp_spu7\"><\/div>      <\/div>      \n<h6>What leadership strategies have been most crucial to your success in launching and developing global K-pop acts like ENHYPEN and ILLIT?<\/h6>\n<p>It all comes down to how we connect our artists&#8217; content to the fans. I see my role as connecting with the business side, building and managing key relationships behind the scenes while leveraging various media platforms to maintain communication with fans. It\u2019s about orchestrating all these moving parts to create the perfect environment where our artists can truly thrive, continuously evolving in a space that nurtures their growth and creativity.<\/p>\n<hr \/>\n<h6>Who are the industry leaders or mentors who have most influenced your career?<\/h6>\n<p>Chairman Bang has continuously actualized his dream of revolutionizing not just K-pop, but the entire global music industry. It&#8217;s an incredibly difficult feat for one of the world&#8217;s top music producers to lead one of the largest entertainment companies, but he\u2019s doing it better than anyone else. Having the privilege to work alongside him for almost a decade has been an incredible opportunity, and it\u2019s inspiring to constantly witness his vision come to life.<\/p>\n<hr \/>\n<h6>The K-pop industry is incredibly competitive. How does BELIFT LAB differentiate itself in the market?<\/h6>\n<p>While we\u2019ve taken a unique approach by debuting our artists through audition programs, our dedication to artist happiness and long-term well-being truly sets us apart.<\/p>\n<p>We believe that true artist happiness requires more than just superficial care; it demands a profound focus on their growth, especially those finding fame young. Remaining grounded and evolving into healthy, well-rounded, independent, and self-aware individuals is paramount.\u00a0 Ultimately, it\u2019s always about the people when it comes to K-pop.<\/p>\n<hr \/>\n<h6>How do you see BELIFT LAB positioned within HYBE today, and how is HYBE positioned within the global music industry?<\/h6>\n<p>Given my dual role as the COO of HYBE, BELIFT LAB naturally takes the lead in exploring new ventures and innovations within the company. True to the word &#8220;LAB&#8221; in our name, we operate like a startup \u2014 embracing the risk,\u00a0 and pushing the boundaries to drive innovation. We\u2019re also unique in being the only label within HYBE that manages both a boy group and a girl group. Given the distinct musical styles and creative approaches of each, successfully managing both under one label is no small challenge.<\/p>\n<p>BELIFT LAB\u2019s focus goes beyond just achieving success, as we are committed to sharing these experiences and insights across HYBE. As part of HYBE\u2019s multi-label system, we work closely with the other labels, drawing on each other&#8217;s unique strengths to create synergies. Looking ahead, my goal is to ensure sustainable growth for both HYBE and BELIFT LAB.<\/p>\n<hr \/>\n<h6><figure class=\"mbw-articlepic mbw-articlepic--right\"><a class=\"link-internal\" href=\"https:\/\/www.musicbusinessworldwide.com\/files\/2025\/04\/ENHYPEN-Courtesy-of-BELIFT-LAB-1.jpg\" target=\"_blank\" rel=\"noopener\"><\/a><a href=\"https:\/\/www.musicbusinessworldwide.com\/files\/2025\/04\/ENHYPEN-Courtesy-of-BELIFT-LAB-1.jpg\" data-lightbox=\"image-set\" data-title=\"\"><img  class=\"lazyload\" src=\"https:\/\/www.musicbusinessworldwide.com\/files\/2025\/04\/ENHYPEN-Courtesy-of-BELIFT-LAB-1-80x100.jpg\" data-srcset=\"https:\/\/www.musicbusinessworldwide.com\/files\/2025\/04\/ENHYPEN-Courtesy-of-BELIFT-LAB-1-80x100.jpg 80w, https:\/\/www.musicbusinessworldwide.com\/files\/2025\/04\/ENHYPEN-Courtesy-of-BELIFT-LAB-1-160x200.jpg 160w, https:\/\/www.musicbusinessworldwide.com\/files\/2025\/04\/ENHYPEN-Courtesy-of-BELIFT-LAB-1-320x400.jpg 320w, https:\/\/www.musicbusinessworldwide.com\/files\/2025\/04\/ENHYPEN-Courtesy-of-BELIFT-LAB-1-418x523.jpg 418w, https:\/\/www.musicbusinessworldwide.com\/files\/2025\/04\/ENHYPEN-Courtesy-of-BELIFT-LAB-1-648x810.jpg 648w, https:\/\/www.musicbusinessworldwide.com\/files\/2025\/04\/ENHYPEN-Courtesy-of-BELIFT-LAB-1-836x1045.jpg 836w, https:\/\/www.musicbusinessworldwide.com\/files\/2025\/04\/ENHYPEN-Courtesy-of-BELIFT-LAB-1-1296x1620.jpg 1296w\" data-sizes=\"auto\"><i class=\"fas fa-search-plus magnifying-glass-icon\"><\/i><\/a><\/figure>How does BELIFT LAB&#8217;s artist development model differ from other labels globally?<\/h6>\n<p>BELIFT LAB\u2019s artist development model stands out from other labels, particularly in how much we value the emotional connection between artists and fans. Both ENHYPEN [pictured] and ILLIT were formed through audition programs, which allowed for close communication with fans from the very beginning.<\/p>\n<p>One of the challenges with this model, though, is maintaining growth and interest after the debut. To overcome this, we focused on continuous fan engagement, adapting concepts and images that reflect what fans want, while highlighting each member&#8217;s individuality. Additionally, we prioritize storytelling that is centered around the artists\u2019 emotions and life experiences, creating content that fans can truly connect with.<\/p>\n<hr \/>\n<h6>What was the vision behind ENHYPEN, and how did you approach their initial concept and training?<\/h6>\n<p>Even before their debut, ENHYPEN built a deep connection with global fans through the fan-vote-based audition program I-LAND. The goal was to create a sense of ownership for fans, making them feel like &#8220;they took an active part in helping the group debut,&#8221; which worked well. Voting took place in over 130 regions and countries, and by the time of their debut, over 2 million fans had already joined ENHYPEN\u2019s Weverse community.<\/p>\n<blockquote><p>&#8220;Since then, we\u2019ve strategically broadened their presence by embracing narrative-driven, character-focused storytelling that showcases the distinct personalities and charms of each member.&#8221;<\/p><\/blockquote>\n<p>Since then, we\u2019ve strategically broadened their presence by embracing narrative-driven, character-focused storytelling that showcases the distinct personalities and charms of each member.<\/p>\n<p>ENHYPEN not only produced music and content centered around a &#8220;romantic vampire-themed universe&#8221; but also became the protagonists of Dark Moon, an original webtoon series that garnered over 100 million views globally. This series even captured the attention of general webtoon fans, creating a positive cycle of success. As a result, an animation series is also in the works.<\/p>\n<hr \/>\n<h6>What strategic elements contributed to ILLIT&#8217;s breakthrough debut?<\/h6>\n<p>ILLIT made one of the most impressive debuts in K-pop history with their debut mini-album <em>SUPER REAL ME<\/em> achieving incredible results, including a No.10 spot on the Billboard World Albums chart and No.15 on the Heatseekers Albums chart. Their title track <em>Magnetic <\/em>\u2013 produced by \u201chitman\u201d Bang \u2013 entered the Billboard Hot 100 at No.91, making it the first debut song to ever chart on the Hot 100 in K-pop history.<\/p>\n<p>But it\u2019s not just about the music. ILLIT\u2019s concept, with their &#8220;quirky yet sweet and relatable&#8221; charm, filled a gap in the market. BELIFT LAB\u2019s creative director, Serian Heu, played a key role. Her vision for the group\u2019s concept and styling, along with the iconic \u201cbrand films\u201d that have become a signature of ILLIT, were crucial in setting them apart. BELIFT LAB\u2019s smart market strategy was essential in positioning ILLIT to resonate deeply with the audience.<\/p>\n<hr \/>\n<h6>How has the global music landscape changed for K-pop groups since ENHYPEN&#8217;s debut?<\/h6>\n<p>ENHYPEN is a group that debuted during the middle of the pandemic, which meant no offline fan activities, but it was also a time when digital fan culture was really taking off. They debuted through a global audition, and the whole process was all about fans from around the world getting involved. This made ENHYPEN unique because it wasn\u2019t just about getting attention, it was about building a deep emotional connection with their fans right from the very start. That connection helped them grow quickly into a global artist with a strong fanbase, right off the bat since their debut.<\/p>\n<hr \/>\n<div class=\"mb-embed-container\"><iframe src=\"https:\/\/www.youtube.com\/embed\/rDolt3jJRsM?si=MF53CsKZkMvG6lzm\" frameborder=\"0\" allowfullscreen><\/iframe><\/div>\n<hr \/>\n<p>Interestingly, ENHYPEN, despite being a K-pop group, boasts a much larger international fanbase than their domestic following in Korea, positioning them as a prime example of a &#8220;global artist.&#8221;<\/p>\n<p>Their success showed just how important fan participation and connectedness are for a group\u2019s global growth.<\/p>\n<p>I truly believe ENHYPEN has also helped pave the way for other artists to connect with fans around the world in a meaningful way.<\/p>\n<hr \/>\n<h6>What are the biggest challenges in the K-pop industry today?<\/h6>\n<p>The K-pop industry has achieved unprecedented growth over the years, and as we look ahead, one of the big challenges is figuring out how to create a sustainable growth model within the music scene. The fandom-driven business model that once defined K-pop is no longer unique to the genre. Other industries like traditional entertainment, sports, e-sports, and gaming are quickly catching on.<\/p>\n<p>As K-pop continues to grow globally, it&#8217;s becoming clear that fandoms have different tastes and expectations depending on where they are based. Given emotional connection is becoming key, K-pop needs tailored IP strategies that resonate with each region\u2019s culture, language, and emotions.<\/p>\n<blockquote><p>&#8220;The K-pop industry has achieved unprecedented growth over the years, and as we look ahead, one of the big challenges is figuring out how to create a sustainable growth model within the music scene.&#8221;<\/p><\/blockquote>\n<p>In the long run, if K-pop is going to stay a global force, it can&#8217;t just be seen as a &#8220;Korean&#8221; cultural product, just like Taekwondo. At HYBE, we\u2019re working hard to create a fully integrated fan experience both online and offline, expand into different types of IP-based content businesses, and offer unique, tailored experiences for superfans. Simultaneously, we\u2019re also focusing on creating content and IP that\u2019s specifically tailored to local markets, allowing us to connect with fans on a deeper, more meaningful level around the globe.<\/p>\n<hr \/>\n<h6>The music industry is very focused on superfans lately &#8211; what strategies have been most effective in building ENHYPEN&#8217;s global fanbase?<\/h6>\n<p>Connecting with their fans has always been a top priority for ENHYPEN and this active interaction has undoubtedly contributed to their global success. Ever since their debut, they have turned Weverse into a key space for direct communication with their global fans.<\/p>\n<p>As a result, ENHYPEN had the highest engagement on Weverse, leaving the highest number of replies to fans according to Weverse\u2019s Global Fandom Report 2024. By 2024, their Weverse community had grown to over 10 million global fans, making it the second-largest artist community on the platform after BTS.<\/p>\n<hr \/>\n<h6>What can the global music business learn from the K-pop industry when it comes to superfans and fan culture?<\/h6>\n<p>While general social media platforms are spaces where both passionate fans and general users share content, catering to broader, public-facing engagement, superfan platforms like Weverse are crafted specifically to strengthen the connection between artists and their most dedicated fans.<\/p>\n<p>It creates an exclusive space for real-time engagement, where artists can interact with fans worldwide in multiple languages, boosting satisfaction for both artists and fans. Even though in-person meetings aren\u2019t possible, fans feel like they are part of the artists\u2019 everyday lives. This feeling of intimacy and belonging is something that is a key part of the K-pop experience, which cultivates a strong superfan base.<\/p>\n<hr \/>\n<h6>What specific strategies have you employed to convert K-pop&#8217;s fanbase into a scalable, revenue-generating ecosystem?<\/h6>\n<p>At HYBE, we&#8217;ve built a dynamic ecosystem centered around artist IP, allowing fans to engage with their favorite artists in ways that go far beyond music. We started with core content like videos and music but expanded into fan-first superfan platforms, such as Weverse, as well as commerce through merchandise and album sales. Additionally, we offer immersive experiences like concerts and exhibitions, all of which are part of a carefully designed fan journey.<\/p>\n<p>This structure not only enhances loyalty among existing fans but also attracts new fans, leading to a positive cycle that expands the reach of our fandoms. A prime example of this is the THE CITY project. HYBE\u2019s THE CITY redefines concerts, transforming them from standalone events into citywide fan experience platforms.<\/p>\n<p>By combining collaborations with hotels, exhibitions, pop-up stores, fan gatherings, to other IP-driven content, we\u2019ve maximized fan immersion while also expanding our fanbase regionally. Additionally, THE CITY has demonstrated the potential to expand the influence of K-pop by connecting with local economies and driving new engagement across various regions.<\/p>\n<p>At HYBE, our goal is to expand K-pop beyond a single genre and build a fandom-driven industry. Ultimately, we aim to create an ecosystem that transforms fan engagement and emotional connection into long-term value.<\/p>\n<hr \/>\n<h6>How do fan engagement platforms like Weverse contribute to your overall business model?<\/h6>\n<p>I believe superfan platforms like Weverse offer much more than just a fan community. From a label\u2019s perspective, Weverse includes features like Weverse Albums, exclusive merchandise, and various content, all of which serve as important touchpoints with fans.<\/p>\n<p>This allows us to develop a stable and sustainable superfan strategy that\u2019s specifically tailored to our artists\u2019 fandom. Superfans, in particular, are deeply engaged and actively support the artists they love, making fan engagement platforms a key tool in strengthening the bond between fans and artists.<\/p>\n<p>At BELIFT LAB, we design every project with Weverse in mind, and this approach has been heavily influenced by my role as COO of HYBE, overseeing the broader business strategy.<\/p>\n<hr \/>\n<h6>What other emerging technologies (for example AI) are you exploring for artist creation and fan engagement?<\/h6>\n<p>At BELIFT LAB, we\u2019re open to using technology that can enhance the creative process and improve collaboration between teams. While innovative technologies and tools can be useful in developing creative ideas, the key is to use them in a way that doesn\u2019t compromise the essence of creation. We\u2019re also continuously exploring technologies that can strengthen our communication with fans by leveraging data, and we\u2019re always looking for ways to help fans engage more actively in the artists&#8217; journey.<\/p>\n<hr \/>\n<h6>What emerging trends in the global music industry are you most excited about that we should know about?<\/h6>\n<p>One trend I\u2019m keeping an eye on right now is the globalization of fandom-based businesses, especially driven by superfans, and the growing need for diversifying IP strategies. This is both a key challenge and a significant opportunity for K-pop\u2019s continued success.<\/p>\n<p>Fandom-based businesses are no longer niche, and K-pop business models, including multi-album releases and fan-driven ventures, are actively influencing the traditional pop market. HYBE has been at the forefront of designing various fandom-based business structures, and moving forward, we will continue to expand our solution-based business leveraging our unique capabilities.<\/p>\n<blockquote><p>&#8220;One trend I\u2019m keeping an eye on right now is the globalization of fandom-based businesses, especially driven by superfans, and the growing need for diversifying IP strategies.&#8221;<\/p><\/blockquote>\n<p>What&#8217;s exciting is that this opens up opportunities to tap into markets that need content and IP that reflect their local culture, language, and emotional sensibilities.<\/p>\n<p>This means we need more refined, region-specific strategies and fan experiences. HYBE has been all about discovering new artists and developing IP with a local focus, as is evident in the case of &amp;TEAM in Japan and KATSEYE in the U.S.. They are both HYBE artists that debuted outside of Korea, and their success shows that we go beyond exporting K-pop. We\u2019re creating organic, local IP ecosystems powered by HYBE\u2019s creative vision and systems. This is an approach we plan to keep building on, and I believe it will play a crucial role in shaping HYBE\u2019s growth moving forward.<\/p>\n<hr \/>\n<h6>What are your long-term ambitions for BELIFT LAB and the artists you work with?<\/h6>\n<p>As I mentioned earlier, my primary focus is cultivating &#8220;happy artists.&#8221; This means empowering them to focus on their work, experiencing artistic fulfillment through their music, and finding satisfaction in both their professional and personal lives.<\/p>\n<p>Life in the spotlight is complex; providing unwavering support for their aspirations and translating that into musical and commercial success is crucial. In the end, my job is to facilitate the mutual growth of both the artists and the label.<\/p>\n<hr \/>\n<h6>What are your short to long-term predictions for the global K-pop business?<\/h6>\n<p>Over the past decade, K-pop has experienced rapid global expansion, becoming more than just a music genre but a cultural phenomenon. In the short term, I believe this momentum will continue, with the loyalty of K-pop fans and the concentration of content consumption remaining one of K-pop&#8217;s greatest strengths.<\/p>\n<blockquote><p>&#8220;we\u2019re broadening our reach into new genres, aiming to attract fans who haven\u2019t yet connected with K-pop.&#8221;<\/p><\/blockquote>\n<p>The recovery of the global touring market, the growth of streaming, and the continuous debut of new artists will drive the industry in the short term, but eventually, these growth engines will reach their limits. Fans are looking for new, immersive experiences, and the diversity of fandoms across regions is growing.<\/p>\n<p>To respond to these structural changes, HYBE is advancing its multi-label system through &#8220;HYBE 2.0,&#8221; enhancing the quality of fan experiences, and accelerating global business expansion. Based on a multi-home, multi-genre strategy to establish ourselves as leaders in each market, we are integrating K-pop expertise into each local market environment. At the same time, we\u2019re broadening our reach into new genres, aiming to attract fans who haven\u2019t yet connected with K-pop. This approach will help us bring even more fans into the HYBE universe and continue to evolve our business strategy for long-term success.<\/p>\n<hr \/>\n<h6>If there was one thing you could change about the music business what would it be and why?<\/h6>\n<p>If I could change one thing in the music industry, it would be the relentless pressure of rapid, deadline-driven production. In today\u2019s fast-paced world, both music and content are consumed so quickly, and as a result, we often feel rushed.<\/p>\n<p>But I believe that the music and content that truly endure are the ones that have the power to capture people\u2019s attention and emotions.<\/p>\n<p>Even if it means a slower pace, fostering an environment where we can make content that resonates with fans for the long term can ultimately hold greater value.<\/p>\n<hr \/>\n<figure class=\"mbw-articlepic mbw-articlepic--right\"><a class=\"link-internal\" href=\"https:\/\/www.musicbusinessworldwide.com\/files\/2022\/06\/soundexchange-logo-scaled-e1654859914176.jpg\" target=\"_blank\" rel=\"noopener\"><\/a><a href=\"https:\/\/www.musicbusinessworldwide.com\/files\/2022\/06\/soundexchange-logo-scaled-e1654859914176.jpg\" data-lightbox=\"image-set\" data-title=\"\"><img  class=\"lazyload\" src=\"https:\/\/www.musicbusinessworldwide.com\/files\/2022\/06\/soundexchange-logo-scaled-e1654859914176-80x45.jpg\" data-srcset=\"https:\/\/www.musicbusinessworldwide.com\/files\/2022\/06\/soundexchange-logo-scaled-e1654859914176-80x45.jpg 80w, https:\/\/www.musicbusinessworldwide.com\/files\/2022\/06\/soundexchange-logo-scaled-e1654859914176-160x90.jpg 160w, https:\/\/www.musicbusinessworldwide.com\/files\/2022\/06\/soundexchange-logo-scaled-e1654859914176-320x180.jpg 320w, https:\/\/www.musicbusinessworldwide.com\/files\/2022\/06\/soundexchange-logo-scaled-e1654859914176-418x235.jpg 418w, https:\/\/www.musicbusinessworldwide.com\/files\/2022\/06\/soundexchange-logo-scaled-e1654859914176-648x365.jpg 648w, https:\/\/www.musicbusinessworldwide.com\/files\/2022\/06\/soundexchange-logo-scaled-e1654859914176-836x470.jpg 836w, https:\/\/www.musicbusinessworldwide.com\/files\/2022\/06\/soundexchange-logo-scaled-e1654859914176-1296x729.jpg 1296w\" data-sizes=\"auto\"><i class=\"fas fa-search-plus magnifying-glass-icon\"><\/i><\/a><\/figure><em><a class=\"link-external\" href=\"https:\/\/www.soundexchange.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #ff6600;\">SoundExchange<\/span><\/a> was independently formed in 2003 to build a fairer, simpler, and more efficient music industry through technology, data, and advocacy. The only organization designated by the U.S. government to administer the Section 114 sound recording license, SoundExchange collects and distributes digital performance royalties on behalf of 700,000 music creators and growing.<\/em>\n","protected":false},"excerpt":{"rendered":"<p>MBW\u2019s World Leaders series meets Taeho Kim,\u00a0Chief Operating Officer of HYBE and President of BELIFT LAB<\/p>\n","protected":false},"author":15,"featured_media":228547,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[128952],"class_list":["post-228545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interviews","tag-world-leaders"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts\/228545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/comments?post=228545"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/posts\/228545\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media\/228547"}],"wp:attachment":[{"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/media?parent=228545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/categories?post=228545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.musicbusinessworldwide.com\/wp-json\/wp\/v2\/tags?post=228545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}