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)
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.
1. YG Entertainment
2. Shofar Music
3. CJ Hwa & Dam
4. CJ E & M
6. JYP Entertainment
7. SM Entertainment
9. BigHit Entertainment
1. SM Entertainment
2. BigHit Entertainment
3. JYP Entertainment
6. YG Entertainment
7. Starship Entertainment
8. Around Us
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