Songs from 20 Years Ago Top Music Charts Again as the “Reverse Chart Trend” Spreads
The phenomenon of “reverse chart trend,” where songs released 20 years ago dominate the top positions on music charts, is growing more widespread.…
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K-pop’s Global Dominance vs. Weakness in Domestic Market...Album Sales Drop for First Time in 10 Years
Although K-pop maintains tremendous influence worldwide, it is showing weakness in the domestic music market. As structural changes take place within South Korea’s music industry since the pandemic, both declining album…
Arrival of Hallyu 4.0 Era... The Paradox of “KPop Demon Hunters” and Limited Benefits for South Korea’s Industry
“KPop Demon Hunters” illustrates the success of global Hallyu while simultaneously exposing the limitations of South Korea’s entertainment industry.…
K-Pop Album Sales Drop 19.4% in 10 Years — Lack of Mega Groups and Intensifying Regional Competition
Last year, the K-pop album market turned negative for the first time in 10 years. According to Circle Chart statistics, K-pop album sales in 2024 reached 93.28 million units, a 19.4% decline from 115.78 million units in…
K-pop 시장 성장세 꺾여…음반 판매량 9년 만에 감소, 수출도 정체
코로나19 팬데믹 이후 수년간 급성장을 거듭하던 K-pop 시장의 성장 기세가 2024년 꺾였다. 음반 판매량은 9년 만에 감소했고 수출액도 사실상 제자리걸음을 한 것으로 나타났다. 관세청의 수출입 무역통계에 따르면 2024년 음반 수출액은 2억 9,183만 7천 달러(약 4,238억원)로 전년도 2억 9,023만 1천 달러(약 4,215억원)보다 0.55% 증가하는 데 그쳤다.…