If companies can buy 50% of groups YT views, they can guy 50% of album sales
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For better discussion, maybe provide some evidence?
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In the end, Ad views are more organic because it still reaches single individual compared to fandom streaming.
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EXACTLY lol. Companies that are public are accountable for every cent they spend, there would be no easy way to explain a rando 20 million dollar hole in their accounting lol. Maybe a huge company like Apple but these Kpop companies are barely even small caps their net incomes/profits are only measured in 7 or 8 figures at most, a 20 million dollar expense is an 8 figure hole would be impossible to hide.
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Album sales are the least of my concerns. It's the company buying hit songs that are wasting money for passive forced listening as "GP" favorites, that is the problem. Because when it's time for those acts partaking in payola to hold a theater concert it's cricket and suddenly the "GP" ain't coming out.
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but what's the point of buying their album? To increase sale, but how does it help the group exactly?
to own the haters on AKP, duh
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but what's the point of buying their album? To increase sale, but how does it help the group exactly?
Media play, marketing, win awards. Notice how much breaking some sales record empowers the fandom to brag and proclaim the greatness/popularity of their bias group
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Inside Sajaegi, K-Pop's Open SecretIn the digital era, accusations of surreptitious chart manipulation are common throughout the world — in South Korea, it's called sajaegi.www.npr.org -
For sure the companies are turning into trash a bunch of money just to make their artists look good lol I would understand if it happened for a comeback and then the sales downgraded a lot in the next one, but for most artists their sales are only increasing or stagnated, or at least gradually getting less sales
There's just a group that I suspect of album sales, but since they're small no one would care anyway, I know most of these talk is bitterness towards famous groups
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The only thing that is 100% legit are concert tickets sales.
If a company will spend $62 million USD just for distribution rights for 5 years, or $1000 million USD for 40% of a company, then there is a lot of money in play and to ensure ROI.
Un-listed companies do not have to provide public profit and loss statements, and while listed companies do, they can bury them in inside high level items such consulting, marketing, production costs. Not saying SM does it, but not one questioned LSM's own over the top company charge backs to SM for years.
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are you aware that in the real world that listed and/or regulated entities financials are audited and checked?
lmao. they will have accounting issues and holes if they buy their own albums.
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are you aware that in the real world that listed and/or regulated entities financials are audited and checked?
lmao. they will have accounting issues and holes if they buy their own albums.
Nothing was done about Sooman embezzling millions from SM. They'll care less about something as worthless as kpop albums
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mv ads as promotions and album sales are in no way the same kind of logistics. Both in terms of tracking on a balance book as well as in terms of actual funds allocated.
turning a mv into an ad is a relatively quick and easy transaction provided by Youtube, which youtube itself regulates.
Committing album fraud requires dealing with multiple companies, distribuion chains and regulatory bodies across countries.
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