Kpop is heading towards a minor crash

> high debt from companies

> high debt from customers

> kpop already reached its peak in Western and Japanese markets

> CCP won’t allow kpop to get bigger in China

> companies overspend expecting higher profit but it’s less than expected

> debt cycle continues

It already hit different industries. Kpop will get its turn

Fans are already witnessing the effects of higher costs, and lower budget productions will become more normal

This also means more delays and “big groups” performing in events that were previously “beneath them”

If fans don’t keep up then you’ll start seeing more kpop companies get reduced, merge or go bankrupt

Quote from Fluffers

For someone who's been in kpop since 2000, you sure are recyling an old ass kpop thread. I will give credit that I've not seen a "Kpop is going to crash" thread since 2016 though, so it's a kudos for reviving such a dead topic.

Well at least globally. That whole stretch of 2019- early 2021 about how the Korean public doesn't care about kpop anymore sure took its spot for a while.

what company are you working for?

You know I literally have a connection to an insider in kpop

Quote from Fluffers

I don't need one?

Just general corporate logistics and the trends of industries would tell you that kpop is not a particular outlier compared to the rest of the music industry to suggest it's heading towards a crash any more than any other notable industry.

corporations lie all the time