Bang Si Hyuk suggests a business outline for the 'Future of K-Pop' in the absence of BTS's team promotions
presented a business outline for the"Future of K-Pop" during a forum hosted by Kwanhun Club on March 15 at Seoul Press Center.
On this day, during his lecture on the sustainability of the K-Pop industry, Bang Si Hyuk warned industry leaders that this was not a time to"celebrate" the globalization of K-Pop, but instead, recognize the"dangers" lying ahead while preparing for the future. "If you compare K-Pop to the past, sure, the industry has made worthwhile progress. But if you look at the global music industry as a whole, there are still numerous mountains to climb," "If you look at the K-Pop companies forming the foundation of this industry, all of these companies together occupy less than 2% of the revenue shares of the worldwide music industry.
"For our Korean entertainment companies to compete in good faith with top tier companies around the globe, while maintaining and expanding the indigenous characteristics and features of K-Pop, the industry itself needs to offer something more than the freshness of a new player in the field.
"The IP influence held by BTS worldwide is just incomparable. BTS's global reach is broader than that of the K-Pop industry on its own, and if you take BTS out of that industry, its size decreases tremendously. So the fact that BTS will be absent as a team from this industry is a great contributor.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Big Bang's 'BANG BANG BANG' surpasses 200 million Spotify streams, their 1st song to do so | allkpopBig Bang has achieved a new milestone on Spotify with 'BANG BANG BANG'!On March 12 KST, boy group Big Bang's hit song 'BANG…
Les mer »
Bang Si Hyuk responds to a question asking whether or not HYBE 'lost' the SM acquisition battle against Kakao | allkpopOn March 15, chairman Bang Si Hyuk of HYBE Corporation attended a forum hosted by Kwanhun Club, where he gave a lecture titled 'The Future of K…
Les mer »
'If You Were the Last' Review: A Funny and Heartfelt Rom-Com Set in the Unlikeliest of Places | SXSW 2023With winning performances from Zoe Chao and Anthony Mackie, ''If You Were the Last' is a funny and heartfelt rom-com set in the unlikeliest of places. Our SXSW2023 review:
Les mer »
Flu Season Ends Not With a Bang but a WhimperThe 2022-23 flu season lingered through the second half of January and most of February at the edge of its defined existence, but it now appears to be over.
Les mer »
SXSW Pro Abortion Pop-up invited the public to learn about reproductive rights in TexasPlan C curated a partnership with an Austin-based arts and culture collective called Future Front Texas for a pro-abortion pop-up. The event happened on Sunday,
Les mer »
Soompi’s K-Pop Music Chart 2023, March Week 2Soompi's K-Pop Music Chart 2023, March Week 2
Les mer »