Korean album sales in 2017 show an increase of 116% compared to previous year  in  News

Back by:  heej0130  on  March 17, 2017 07:22 AM

Korean album sales in 2017 show an increase of 116% compared to previous year
Gaon Chartpresented new data sets for 2017.


BTS' 'You Never Walk Alone'took the number 1 overall album sales spot in February with a total of 713,063 sales andTWICE'TWICEcoaster: Lane 2'coming in at 2nd place selling 266,645 copies. Trailing in at third place wasTaeyeon's solo debut album titled'My Voice- The 1st Album'with 109,275.




Looking at the graph above it seems album sales in February 2017 have jumped by 104% compared to the previous month, tallying up the top 400 albums.  February 2017 saw a 167% increase in album sales compared to February 2016. Korean album sales in the first two months of 2017 also saw an increase of 116% compared to the same period last year (1,105,989 vs. 2,386,244).


The increase in album sales is thanks to all the popular artists who decided to make their comebacks in February. Especially with boy group BTS, girl group TWICE and Taeyeon's solo album sales exceeding 100,000 copies each. The year 2017 looks to be a promising one in terms of album sales.




Moving onto theDigital Sales Market Share by Distribution Companiesin February, examining the chart for the top 100 albums sold,KT Musicincreased by 8% compared to last year with a total share of 32.1%.CJ E&Mdropped by 10.5% with a total amount of 27.8%.  Meanwhile,LOEN Entertainmentdecreased by 1.6% with the final percentage of 25.4%.Bugs Musicalso fell by 0.7% earning a total amount of 5.7%.


KT Music having the highest percentage thanks to high digital sales fromZion.T's"The Song",Red Velvet's"Rookie", TWICE's"KNOCK KNOCK,"as well asAkdong Musician's"Winter".


CJ E&M also saw an increase thanks toBLOCK B's"Yesterday",'Goblin'drama OST, and LOEN Entertainment was able to maintain steady sales with BTS"Spring Day",Mad Clown's"Lost Without You."





Looking at theAlbum Sales Market Share by Distribution Companiesfor February, LOEN Entertainment is in the lead with 55.3% and KT Music was second with 36.7% and CJ E&M was third at 5.8%.


The biggest contributor for LOEN Entertainment's huge market share for album sales is thanks to BTS' 'You Never Walk Alone'. Loen was also boosted bySF9's'First Mini Album BURNING SENSATION'andCosmic Girls''From Cosmic Girls.'


As for KT Music, TWICE's 'TWICEcoaster: Lane 2', Taeyeon's 'My Voice-The 1st Album', and Red Velvet's 'Rookie- The 4th Mini Album' received much recognition while CJ E&M increased their sales with 'Goblin's OST album' andLovelyz2nd album'R U Ready?'



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