YG and SM Dominate Digital Market and Album in Korean Music Industry 2017

By : Dina Astria And Aldi Firhand | Sunday, April 08 2018 - 21:34 IWST

The biggest agency in South Korea, SM Entertainment and YG Entertainment. (Photo: Allkpop)
The biggest agency in South Korea, SM Entertainment and YG Entertainment. (Photo: Allkpop)

INDUSTRY.co.id - South Korea - Analysis of accurate data, Theqoo has just released a market share for management of the Korean music industry, whether in the form of digital or album. The two largest agencies in South Korea, YG Entertainment and SM Entertainment both occupied the top position.

Here's a list of the top 9 ranks of digital and physical top markets or albums.

Digital Market:

1. YG Entertainment

2. Shofar Music

3. CJ Hwa & Dam

4. CJ E & M

5. Fave

6. JYP Entertainment

7. SM Entertainment

8. Pledis

9. BigHit Entertainment

Physical Market:

1. SM Entertainment

2. BigHit Entertainment

3. JYP Entertainment

4. YMC

Pledis

6. YG Entertainment

7. Starship Entertainment

8. Around Us

9. Fave

Both agencies are equally active in 2017, YG with a row of artists ranging from PSY, Zion T, WINNER, G-Dragon, BLACKPINK, Taeyang, iKon and EPIK HIGH who made first place in all digital music charts. SM with artists ranging from EXO, Red Velvet, SNSD, SHINee to NCT who also topped the physical album chart tops.

For overall total digital data, the 3 major agencies of either streaming or downloading in 2017 are:

1. YG Entertainment with 1.8 billion digital

2. SM Entertainment with 626 million digital

3. JYP Entertainment 391 million digital

News Comment

Today's Industry

The Association of Personal Vaporizer Indonesia (APVI) requested the government to impose the tariff of electric (liquid) cigarette / electric vape by 10 to 15 percent starting July 1, 2018

Selasa, 25 September 2018 - 23:28 WIB

Government Receives Excise from Electric Cigarettes of Rp. 30 Billion

Director General of Customs and Excise of the Ministry of Finance Heru Pambudi said the state had received excise from vape (e-cigarettes) of Rp 30 billion.

Pabrik Semen Baturaja (Bm)

Selasa, 25 September 2018 - 23:27 WIB

Semen Baturaja Launches Two Verified Products

PT Semen Baturaja (Persero) Tbk. (SMBR) launched two new products, namely Type II and Type V cement as an effort to realize the vision of diversifying cement products.

Logo PT Adhi Karya Tbk (ADHI) (seputarforex.com)

Selasa, 25 September 2018 - 23:25 WIB

Adhi Commuter Property Working on the LRT Market

PT Adhi Commuter Property (ACP) a subsidiary of PT Adhi Karya (Persero) Tbk working on the market in a number of Light Rail Transit (LRT) mass transit lines, one of them in the East Bekasi area,…

ngurah rai Airport

Selasa, 25 September 2018 - 23:24 WIB

Ngurah Rai Airport 100 Percent Ready Welcoming IMF-WB Delegation

I Gusti Ngurah Rai International Airport in Badung, Bali, is 100 percent ready to welcome around 18 thousand delegates including heads of state, who attend the International Monetary Fund and…

Lion Air (Foto Ist)

Selasa, 25 September 2018 - 23:22 WIB

Increase Logistics Sector, Lion Shutter Fly to Myanmar

Lion Air Group targets Myanmar for the development of international routes in the region of Southeast Asia.