{"id":5633,"date":"2026-05-27T00:00:00","date_gmt":"2026-05-27T00:00:00","guid":{"rendered":"https:\/\/interspacemusic.com\/blog\/the-black-label-lands-80m-investment-led-by-tencent-music-and-krafton\/"},"modified":"2026-05-27T00:00:00","modified_gmt":"2026-05-27T00:00:00","slug":"the-black-label-lands-80m-investment-led-by-tencent-music-and-krafton","status":"publish","type":"post","link":"https:\/\/interspacemusic.com\/blog\/the-black-label-lands-80m-investment-led-by-tencent-music-and-krafton\/","title":{"rendered":"The Black Label Lands $80M Investment Led by Tencent Music and Krafton"},"content":{"rendered":"<p>The record label was involved with the \u2018KPop Demon Hunters\u2019 soundtrack<\/p>\n<p>South Korean K-pop label <strong>The Black Label<\/strong> has closed a \u20a9120 Billion ($80 million) Series B funding round led by video game company <strong>Krafton<\/strong> (<em>PUBG: Battlegrounds<\/em>) and Chinese streaming operator <strong>Tencent Music Entertainment Group<\/strong>, as per <em>Bloomberg<\/em>. The Black Label is now valued at \u20a91 trillion (roughly $660 million).<\/p>\n<p>Co-founded in 2015 by songwriter-producer <strong>Teddy Park<\/strong> (<strong>BLACKPINK<\/strong>, <strong>BIGBANG<\/strong>) and producer <strong>Kush<\/strong>, in 2020 The Black Label was spun off from <strong>YG Entertainment<\/strong>.<\/p>\n<p>Its roster includes BLACKPINK\u2019s <strong>Ros\u00e9<\/strong>, BIGBANG\u2019s <strong>Taeyang<\/strong>, as well as <strong>MEOVV<\/strong> and <strong>AllDay Project<\/strong>.<\/p>\n<p>Park co-produced the <em>KPop Demon Hunters<\/em> soundtrack, bumping the company\u2019s profile.<\/p>\n<p><em>Seoul Economic Daily<\/em> says the label\u2019s revenue jumped by 75% in 2025 to $49 million (\u20a973.8 billion).<\/p>\n<p><em>Bloomberg<\/em> says that, following Krafton\u2019s investment, The Black Label will likely pursue gaming projects, as well as other cross-media opportunities.<\/p>\n","protected":false},"excerpt":{"rendered":"South Korean K-pop label The Black Label, home to BLACKPINK","protected":false},"author":6,"featured_media":5634,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[532],"tags":[],"class_list":["post-5633","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business-finance","cs-entry","cs-video-wrap"],"yoast_head":"<!-- This site is optimized with 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