South Korea country report detailing all the main music industry sectors.
South Korea’s recorded-music industry is widely considered as the most advanced in the world. Since the turn of the century, the sector has been through a massive transformation, from being almost overrun by piracy to one that is multifaceted with both physical and digital formats and services flourishing.
One of South Korea’s unique features is the relatively healthy position for CD album sales. The format remains popular amongst consumers despite the rise of digital access. Furthermore, despite restrictions on consumer movements and the shuttering of the live sector as part of the government’s efforts to control the spread of the COVID-19 virus, physical sales increased at a record rate last year.
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South Korea music industry update, September 2021
The Analyst Team
Simon Dyson
Follow AnalystSenior Principal Analyst, Music and Digital Audio
At Omdia, Simon edits the industry newsletter, Music & Copyright. He also provides a wealth of insight and information including research, data, trackers, and forecasts.
Prior to joining Omdia, Simon had a lengthy career in the music industry, after which he returned to education and then worked for a specialist music research agency for three years. His extensive music industry knowledge covers all sectors of the industry with a particular interest in recorded music and publishing, as well as royalties and music-related intellectual property issues. Simon has worked for Omdia, formerly Ovum and Informa Telecoms and Media, since 2000. His knowledge of the music industry was gained through performance, management, and record company ownership. He holds a Bachelor of Science in media studies.
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