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Introduction

South Korea’s recorded-music industry is the most advanced in the world and has gone through a massive transformation, from being almost overrun by piracy at the turn of the century to one that is now dominated by digital access services.

Highlights

  • Local music groups dominate the distribution of recorded music and the major labels account for a low market share.
  • Strained relations with China may affect exports of this music genre to the world’s most populous country.

Features and Benefits

  • Details all aspects of the South Korean music industry.
  • Covers recorded music, retail, record companies, royalty collections, broadcasting, and live music.

Key questions answered

  • How big a part do telecoms companies play in the recorded music sector?
  • By how much did authors' society KOMCA exceed its collection budget in 2015?

Table of contents

Recorded music

  • South Korea living up to its "future market" tag
  • Repertoire
  • Music companies

Music retail

  • The complexity of music retailing
  • Digital infrastructure and access developments

Rights administration and royalty collections

  • KOMCA collections on budget
  • Big jump in performance rights

Broadcasting

  • Radio struggles to compete with online music services
  • TV to become all digital by 2020

Live

  • K-pop dominates live performance

Appendix

  • Methodology
  • Author

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