Data briefing South Korea music market

Mark Mulligan

June 2023

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:

Music company and market shares. This data to revenue generated by South companies and thus includes both and international revenue
MIDiA Research subscriber market shares
MIDiA Research market forecasts
MIDiA Research survey 2022 (fieldedDecember 2022). Note: all country averages are referenced, refers toUS, UK, Australia, Canada, France, Sweden, South Korea, and

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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