Pop music from South Korea (K-pop) has become very popular  the world.  2012, the South Korean artist Psy received the most views ever  YouTube  his song Gangnam Style.  the past few years, the Korean boy band BTS has had considerable success  America and Europe. They became the first K-pop band to have a number one  the US music charts. The popularity  K-pop has caused major record labels to put more money  Korean acts. The world's biggest music label, Universal Music Group, has said it will join a live-streaming platform set up by Korea's major record labels. Universal will invest in the platform launched last year  Big Hit Entertainment, the company BTS belongs to.
Another Korean pop group, the girl band BLACKPINK, is also set to become popular worldwide. Universal has teamed  with their label, YG Entertainment. The chairman  YG said: "We will work closely  the biggest music company, Universal Music Group, globally  the successful global debut and promotion  BLACKPINK. In addition, we will do our best to help other YG artists to break through  the North American and European markets." YG added: "Music and real talent rise above culture and language and have no boundaries. Through this partnership we feel we can truly showcase our artists' potential  a bigger scale. We look forward to what's to come  the future."