Data briefing South Korea music market

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This report presents key music market metrics for South Korea. All data is domestic SouthKorean data unless otherwise stated below. The datasets leveraged for this report include:

  1. Music company financials and market shares. This data refers to revenue generated by South Korean companies and thus includes both domestic and international revenue
  2. MIDiA Research music subscriber market shares
  3. MIDiA Research music market forecasts
  4. MIDiA Research consumer survey            2022 (fieldedDecember 2022). Note: when all country averages are referenced, this refers toUS, UK, Australia, Canada, Germany, France, Sweden, South Korea, and Brazil

Brands and companies mentioned in this report: Cube Entertainment, Genie Music, FNC Entertainment,HYBE, JYP Entertainment, MelON, SM Entertainment, Spotify, StarshipEntertainment, Universal Music, YG Entertainment, YouTube Music

NOTE: CY throughout this report refers to ‘calendar year’

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