HANTEO Chart signs MOU with Billboard Korea

Collaboration of Korea-US music chart leaders "Going to lead global K-pop market"
By: Hanteo Chart, Inc.
[Press Release] HANTEO and Billboard Korea Logo
[Press Release] HANTEO and Billboard Korea Logo
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Seoul - Seoul - Korea, South


SEOUL, South Korea - March 20, 2019 - PRLog -- HANTEO Chart, Inc. (CEO Young-ho Kwak), the representative K-POP Chart company has signed a Memorandum of Understanding (MOU) with Billboard Korea Inc. (CEO Jin-hee Kim). They have signed this memorandum of understanding with the aim of sharing the core values of K-POP and working together to achieve joint growth.

Established in 1993, HANTEO Chart is a K-POP big data company that provides Korea's leading music chart service. Based on more than 25 years of meta-music data and a unique data collecting system, the company operates the world's only real-time music chart service.

HANTEO Chart recently developed HATS(HANTEO Aided Tracking System) to protect copyright of artists in 2018 and to encourage genuine item purchases in domestic and international. The HATS was applied for an international patent in November 2018. Through this system, HANTEO Chart launched Global K-POP Chart from October last year, raising awareness and gaining trust of global fans.

In November 2018, HANTEO Chart established HANTEO Global, Inc. in order to become a global K-POP market accelerator. HANTEO Global declared to support K-POP globalization in the fields of 'HANTEO News', 'HANTEO Magazine', 'K-POP Communication platform Business', 'Global Branch Business' and more.

HANTEO Chart and Billboard Korea agreed to collaborate efficiently for the development of the Korean music industry through this MOU. In the future, the two companies will share data and contents to build up the global K-POP industry and establish credibility, and will develop a joint business model to expand the K-POP market. In addition, a joint event is under consideration.

Kwak, the CEO of HANTEO Chart, said, "MOU between HANTEO Chart and Billboard Korea is valuable as it stands for collaboration between Korea-US representative music charts. We believe that this agreement will help further strengthen the foundation of the global K-POP market, and we will do our utmost to meet the expectations of global K-POP fans."

In the daily growing global K-POP market, music industry experts are expecting that this technology and growth potential of HANTEO Chart will bring positive synergy with Billboard's infrastructure.

For more information, visit http://hanteochart.com

Location:Seoul - Seoul - Korea, South
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