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Introduction

This report contains a detailed analysis of all of South Korea's main music industry sectors.

Highlights

  • South Korea’s recorded-music industry is arguably the most advanced in the world. Since the turn of the century, the sector has been through a massive transformation, from being almost overrun by piracy to becoming a multifaceted market where both physical and digital formats and services flourish.

Features and Benefits

  • Includes detailed analysis of all the main sectors of the South Korean music industry.
  • Examines recorded-music sales, the retail sector, the market for music subscriptions, royalty collections, and live performance.

Key questions answered

  • What share of music retail sales in 2018 were from music streaming?
  • What is the biggest revenue source for South Korean authors and publishers?

Table of contents

Summary

  • In brief

Recorded music

  • A unique market with a flourishing digital and physical sector
  • Repertoire
  • Music companies

Music retail

  • Telcos at the center of music distribution
  • Assessing South Korea's future digital music opportunity

Rights administration and royalty collections

  • Big rise in collections and distributions for KOMCA
  • Fall in producers' collections and distributions

Live

  • K-pop continues to dominate live performance
  • Festivals in South Korea

Appendix

  • Methodology
  • Author

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