South Korea

South Korea is a major global player in the music industry, especially known for K-pop, which has achieved international popularity and economic growth. The industry saw a record revenue of around 12.6 trillion KRW in 2023, with groups like BTS and Blackpink leading the way.[1][2]

Sources

1. Music industry in South Korea - statistics & facts - Statista

2. K-pop - Wikipedia

Updated:

Jun 9, 2025

South Korea

South Korea is a major global player in the music industry, especially known for K-pop, which has achieved international popularity and economic growth. The industry saw a record revenue of around 12.6 trillion KRW in 2023, with groups like BTS and Blackpink leading the way.[1][2]

Sources

1. Music industry in South Korea - statistics & facts - Statista

2. K-pop - Wikipedia

Updated:

Jun 9, 2025

Related News

Related News

Culture & Lifestyle

Sep 3, 2026

1 min read

SM Entertainment and Tencent Music Join Forces on New Beijing-Based Co-Venture: STE

This move sees a Chinese and South Korean powerhouse pool their resources for the greater China market

SM Entertainment and Tencent Music Join Forces on New Beijing-Based Co-Venture: STE

This move sees a Chinese and South Korean powerhouse pool their resources for the greater China market

Culture & Lifestyle

Sep 3, 2026

Awards & Milestones

Aug 17, 2026

1 min read

Report: Grammys May Reconsider New Asian Pop Category

The news follows BTS’ decision not to submit music for the 2027 awards

Report: Grammys May Reconsider New Asian Pop Category

The news follows BTS’ decision not to submit music for the 2027 awards

Awards & Milestones

Aug 17, 2026

Charts & Consumption Data

Aug 6, 2026

1 min read

Spotify Becomes South Korea’s Second Largest Streaming Service

The South Korean app, Melon, is now in third place

Spotify Becomes South Korea’s Second Largest Streaming Service

The South Korean app, Melon, is now in third place

Charts & Consumption Data

Aug 6, 2026

Marketing & Brand

Aug 6, 2026

1 min read

Former HYBE Exec Andrew Kautz Launches Consulting Firm

Kautz & Associates will work with a small number of hand-selected private clients

Former HYBE Exec Andrew Kautz Launches Consulting Firm

Kautz & Associates will work with a small number of hand-selected private clients

Marketing & Brand

Aug 6, 2026

Policy & Legal

Aug 6, 2026

1 min read

South Korea’s KOMCA Reverses Ban on AI-Assisted Music Registrations

Human led, AI-assisted works are now eligible for KOMCA registration and royalties

South Korea’s KOMCA Reverses Ban on AI-Assisted Music Registrations

Human led, AI-assisted works are now eligible for KOMCA registration and royalties

Policy & Legal

Aug 6, 2026

Awards & Milestones

Jul 31, 2026

2 min read

Grammys CEO ‘Saddened’ as BTS Opts Not to Submit for Awards

Harvey Mason Jr. has responded to the group’s decision

Grammys CEO ‘Saddened’ as BTS Opts Not to Submit for Awards

Harvey Mason Jr. has responded to the group’s decision

Awards & Milestones

Jul 31, 2026

Live

Jul 30, 2026

1 min read

K-pop’s ‘Big Four’ Unveil FANOMENON Festival in Seoul and Los Angeles

The festival will launch in Korea in 2027, with an LA event proposed for 2028

K-pop’s ‘Big Four’ Unveil FANOMENON Festival in Seoul and Los Angeles

The festival will launch in Korea in 2027, with an LA event proposed for 2028

Live

Jul 30, 2026

Policy & Legal

Jul 30, 2026

1 min read

IFPI Implements AI Rules for the Global Charts Under its Umbrella

This comes after a coalition of major music companies proposed a series of rules for how AI music should chart across the industry

IFPI Implements AI Rules for the Global Charts Under its Umbrella

This comes after a coalition of major music companies proposed a series of rules for how AI music should chart across the industry

Policy & Legal

Jul 30, 2026