Tag: south korea
Spotify tipped to finally launch in South Korea this year
One of the quirks in Spotify’s business is that, while the streaming service has hopped aboard the K-Pop bandwagon like its rivals, Spotify itself isn’t yet available in South Korea. It seems 2020 may be the year that...
February 14, 2020
Study points to heavy (Android) use of YouTube in South Korea
Analytics firm Wiseapp has published some new estimates for YouTube’s popularity in South Korea. Well, its popularity on Android smartphones anyway. The company reckons that YouTube had nearly 34 million Android users in...
February 6, 2020
K-Pop firm Big Hit Entertainment’s revenues double to $494m
Big Hit Entertainment, the South Korean powerhouse behind BTS and TXT among others, has revealed its latest growth stats. Its revenues in 2019 topped ₩587.9bn ($494m), doubling those in 2018, and it had operating profits...
February 6, 2020
South Korea now has more than 10m paying music subscribers
Around one in five people in South Korea now subscribe to a music streaming service, as the country’s golden age for music – and for the music industry – shows little sign of abating. Recent industry estimates...
February 3, 2020
Country Profile – South Korea 2020
Standing astride a hugely successful domestic output, the South Korean music industry is thriving across the genres and 2019 figures are expected to show another strong period of growth
January 30, 2020
Music’s global evolution: K-Pop, China, and Eastern Europe
The second morning at this year’s NY:LON Connect conference focused on ‘emerging international and influential markets’. Three territories in particular: South Korea, China, and Russia / Eastern Europe. The track...
January 20, 2020
BTS are top-ups of the pop-ups
The idea of the pop-up tied into an album release is hardly new and often involves taking over a small and recently vacated shop (or the site of a different pop-up from the previous week) and selling a few T-shirts and posters...
October 11, 2019
K-Pop groups are half of YouTube’s biggest 24-hour debuts
It’s been clear for some time that YouTube is playing a significant role in the continued growth in the popularity of K-Pop outside South Korea. It’s also something we’ll be digging into at the NY:LON Connect conference...
September 12, 2019
BTS fuelled Big Hit Entertainment surge in first half of 2019
Korean music firm Big Hit Entertainment held its latest media briefing yesterday, and dropped some impressive numbers to show how its business is surging in 2019. The company’s revenues in the first half of 2019 were more...
August 22, 2019
Big Hit Entertainment buys music-games developer Superb
The Korean music company behind BTS and other big K-Pop artists is taking a new step into the games industry. Big Hit Entertainment has acquired fellow Korean firm Superb, whose focus has been on developing music games....
August 20, 2019
K-Pop agency Big Hit Entertainment may be worth $1bn
With BTS playing to packed stadiums in the west, the excitement around the global potential of K-Pop continues to grow. That’s now including a bumper valuation for agency Big Hit Entertainment, which is behind the band....
June 7, 2019
Korean streaming service Melon faces royalties investigation
Melon is one of the oldest music-streaming services in the world, but the South Korean service is now facing an investigation into its handling of music royalties between 2009 and 2011. The Korea Times reported that the...
June 4, 2019