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K-Pop popularity caused 40% increase in Korean album sales!

Discussion in 'K-POP' started by Hermes1, Oct 15, 2018.

  1. Hermes1

    Hermes1 A-List

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    GENERAL
    K-Pop popularity rise responsible for staggering 40% increase in Korean album sales
    By danisurst 2 hours ago | October 15, 2018
    [​IMG]

    The Music Copyright Association of Korea has announced that Korean album sales have risen by an impressive 45% since last year.

    The organization has compiled all the album sales data from January 1 through September 30 and found that fans have spent 155 billion Korean won (approximately $136.8 million USD) on albums this year so far. This is a 49 billion Korean won (approximately $43.3 million USD) increase from where sales were this time last year.

    "The album sales of K-Pop artists like BTS, Wanna One, Red Velvet, GOT7, and TWICE are growing exponentially, increasing the domestic music copyright market," a source from the organization explained.

    Meanwhile, Music Copyright Association of Korea chairman Hong Jin Young announced that the international K-Pop market is rapidly approaching $5 billion USD.

    source:
    https://www.allkpop.com/article/201...-staggering-40-increase-in-korean-album-sales
     
    jimeous, sweetandspicy746 and magito like this.
  2. PINKBLINK

    PINKBLINK Super Rookie

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    The juniors came and saved the industry. Thanks Twice, BTS, Wanna One, Got7 and Red Velvet.
     
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  3. Hermes1

    Hermes1 A-List

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    ...and Blackpink :yesr:
     
  4. notthatmarko

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    "The organization has compiled all the album sales data from January 1 through September 30 and found that fans have spent 155 billion Korean won (approximately $136.8 million USD) on albums this year so far."

    BTS sold 3.8 million albums with Answer and Tear only. That's around 95 million. Then WANNA ONE had their two albums. That's another 30 million. It's not 136.8 million, it's way more.
     
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  5. PINKBLINK

    PINKBLINK Super Rookie

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    I didn't see them in the article?
     
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  6. MOEBIUS

    MOEBIUS Public Figure

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    Kpop industry is bigger than the SK music industry?
     
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  7. Teudungi21

    Teudungi21 Public Figure

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    Now does this apply to a 40% increase across the board or is it purely based on the very high sales of these few groups. Because then I dont see much benefit to kpop but instead to Twice, BTS, Red Velvet, Wanna One and other ridiculous selling groups.
     
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  8. zedi

    zedi Trendsetter

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    so,,, i see RV name is here again,,,,
    let's flop again Rveluvs
     
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  9. Aurumsoo

    Aurumsoo Newbie

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    When EXO comebacks the number will increase even more
     
  10. OHNANAIDONTRECAl

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    Lol yeah not many international fan cares much about IU, Mamamoo, Sunmi, etc.
     
  11. JiminieKookie

    JiminieKookie Leader

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    And I allready payed like 252€ on CDs this year...
     

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