SEOUL, March 25 (Korea Bizwire) — South Korea’s leading music streaming platform, Melon, revealed that singer-songwriter IU is the most beloved domestic artist of the past two decades, while Paul Kim’s ballad “Every Day, Every Moment” ranks as the most frequently added song to playlists. The data, released Monday, is based on an analysis of [...]
SEOUL, June 8 (Korea Bizwire) — Music charts data from Melon, the largest music streaming platform in South Korea, will now be incorporated into the U.S. Billboard charts. Kakao Entertainment Corp., the operator of Melon, said Wednesday the streaming service has signed a contract with Luminate, the data management company of Billboard, to provide music [...]
SEOUL, April 26 (Korea Bizwire) — Melon, a local music streaming service, said Wednesday it has created a forest named after the K-pop supergroup BTS as part of its eco-friendly project. Located in Nanji Han River Park in western Seoul, the BTS Forest consists of three fringe trees and 400 sacred bamboo trees, the service [...]
SEOUL, Jul. 5 (Korea Bizwire) — A recent survey by KaKao, the operator of the nation’s largest music streaming service, Melon, found that subscribers to the service used the “music recommendation function” 28 percent more often on rainy days than on sunny ones. The recommendations are based on the weather conditions of the day. Especially [...]
SEOUL, Jul. 18 (Korea Bizwire) — As the number of high-spec smartphone users continues to rise in South Korea, and with the music industry eyeing new business models, high quality music downloading and streaming services are no longer the exclusive property of audio system lovers. Similar to how the broadcasting industry has been progressing from [...]
SEOUL, Jun. 19 (Korea Bizwire) — A new report says nearly 60 percent of South Koreans discover new music while watching TV. According to a 2016 white paper on the music industry released by the Korea Creative Content Agency, when asked what type of music they enjoyed listening to (multiple responses permitted), 58.5 percent of [...]
SEOUL, March 31 (Korea Bizwire) – South Korean internet giant Kakao revealed plans yesterday to accelerate the development of its own artificial intelligence platform, which will be adopted in its messaging app KakaoTalk and online music streaming service Melon. As interest in AI technology continues to grow, the latest move from Kakao is expected to [...]
SEOUL, Feb. 15 (Korea Bizwire) – Major Korean music platforms have decided to challenge the conventional practice of releasing albums and singles at midnight, after criticism that the custom is distorting local music charts. South Korean artists typically release their music at noon or midnight. However, midnight has long been the more popular time of [...]
SEOUL, June 24 (Korea Bizwire) – After months of rumors and speculation, Apple’s music streaming service, Apple Music, has made a big step forward to introducing its services in Korea. In contrast to the global popularity of music services like Spotify, Deezer, and Pandora, the Korean music market for music sales and streaming is dominated [...]
SEOUL, Jan. 11 (Korea Bizwire) – South Korea’s top mobile messenger operator Kakao Corp. said Monday it will take over a controlling stake in LOEN Entertainment Inc., expanding its business scope to cover music streaming. Under the plan, Kakao will purchase a 76.4 percent stake in the country’s leading provider of music streaming and download [...]