Kakao M songs will come back to spotify!
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Great
Hope the artists leave Kakao still
They showned they can't be trusted
what other music companies that distributed things in korea?
genie (?)
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what other music companies that distributed things in korea?
genie (?)
These are the major distributors in Korea listed by revenue made in 2020
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interesting i would love to know what went on behind the scenes in order for spotify to get he agreement...
hard ball tactics or something else.
It looks like Kakao M was pressured by their artists like IU and other artists. Per Forbes, artists were looking to leave Kakao M behind and very actively looking for other distributors . Also with IU coming back with a full album, Kakao M doesn't want to lose the international money that would have come in.
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It looks like Kakao M was pressured by their artists like IU and other artists. Per Forbes, artists were looking to leave Kakao M behind and very actively looking for other distributors . Also with IU coming back with a full album, Kakao M doesn't want to lose the international money that would have come in.
so basically spotify playing hardball using the individual artists as ammo...
nice...capitalism at its finest
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uh.... i was serious..
i actually really love TVD.. and your sig...
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it's ok!
my favorite scene forever:
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It looks like Kakao M was pressured by their artists like IU and other artists. Per Forbes, artists were looking to leave Kakao M behind and very actively looking for other distributors . Also with IU coming back with a full album, Kakao M doesn't want to lose the international money that would have come in.
I would have loved to be a fly on the wall of that meeting. I mean to storm out all boss like then have to come back all sheepish. I wonder if they had to pay damages to these companies since they weren't notified it was all going to be taken down?
Side note, I will be taking this article with a pinch of salt, as no shade to forbes, but they are a western source and may be painting things with a little more bias that real events. Either way, no matter which way it went down, kakao shot themselves in the foot with this one. There are other distributors, people have been saying that even the Korean public wasn't on thier side as they were annoyed about thier dominance over the industry and people already use international VPN's to use international spotify.
Plus its spotify, no shade to kakaom, but if they really needed the music kakao had on catalogue they would have just done a takeover and bought them out.
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That stand off didn't last long..
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Moderator
Moved the thread from forum K-News, Gossip & Rumors to forum K-POP.
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