K-Pop Earns Over W10 Billion in Royalties from Japan 2013/02/25, Source,
Korean pop music has earned over W10 billion in royalties from Japan alone (US$1=W1,085). The Korea Music Copyright Association on Sunday said it calculated the data from the Japanese Society for Rights of Authors, Composers and Publishers and tallied last year's royalties at W11.03 billion, the first time they exceeded W10 billion. The money is generated from Korean songs being played and sung in concerts, TV and radio programs as well as karaoke bars. It amounts to about 10 percent of royalties earned at home during the same period,...More
K-pop to go virtual with hologram theater 2013/02/19, Source,
A scene capture from Girls' Generation's "V Concert", which can be viewed on YouTube, shows holograms of Girls' Generation performing.
K-pop has now gone global, and its singers and groups are often too busy to manage their international schedules. But now they'll have some help - in the form of holograms. SM Entertainment, the agency of big acts like Girls' Generation and Super Junior, is set to open its V Theater this year. The world's first virtual reality theater (the V stands for virtual), it will feature performances by life-sized holograms of the actual singers. Park Jun-young, director of SM Amusement, an affiliate of SM Entertainment, said the theater will be opened in August or at least by the end of the year. "We hope foreign K-pop fans can enjoy the performances at V Theater anytime", he said,...More
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