The K-POP record market is blossoming... April saw million-sellers from ”SEVENTEEN,” ”TXT,” and ”IVE”

Top idol groups have brought vitality to the stagnant K-POP music market. Among the groups that have produced "million-selling" albums that sell over 1 million copies,
Monthly music sales in April (based on Korea Music Content Association statistics) exceeded 10 million copies for the first time this year, totaling 12.93 million copies.
[SEVENTEEN, TXT, and IVE are million sellers] Boy groups "SEVENTEEN" and "TOMORROW X"
TOGETHER and the girl group IVE are the protagonists who created the "million sellers". Among them, SEVENTEEN's album power is the strongest.
"SEVENTEEN" recorded sales of 3.18 million copies for their best album "17 IS RIGHT HERE". If the sales figures of their previous works are added up, "SEVENTEEN
"SEVENTEEN" achieved sales of over 3.28 million copies in April alone. Among the TOP 400 albums in April, "SEVENTEEN" took 25.4% share.
It is noteworthy that this success was achieved not with a new work but with a best album that is a compilation of their activities up to now. Best albums tend to have more recorded songs than full albums.
The price is more than twice as high, but there are few new songs, so fans do not buy them very often. However, "SEVENTEEN" has sold more than 3 million copies, and exceeded 10 million copies last year.
"TOMORROW X TOGETHER" is the 6th mini album "minisode 3:
"TOMORROW" achieved sales of 1.86 million copies. Considering that the two albums released last year all sold more than 2 million copies in initial sales (sales of the album in the first week after release).
Although sales have decreased, it is still a remarkable result. "IVE" is the second mini album "IVE
SWITCH, and sold 1.66 million copies.
They have made their three latest albums into "million seller" albums in a row, and together with "NewJeans" and "aespa", they are the representative girls who lead the fourth generation of idols.
Besides them, the boy group "BOYNEXTDOOR" and the group "GOT7" are the rising stars of the 5th generation idol world, who sold 680,000 and 470,000 copies, respectively.
The girls group BABYMONSTER is also doing well. [The music market has opened up, but the "music market push" issue continues]
The K-POP music market seemed to lose momentum at the end of last year.
The initial sales figures for the albums of the group's albums were lower than their previous releases, sparking concern. This was the result of fans' growing fatigue from the heated initial sales competition that had continued for several years.
The analysis says that this is reflected in the decrease. The cumulative album sales from January to March this year was down by about 3.5 million units compared to last year. Among these, the album sales in April, when top idol groups were active, were
This figure was up 94.3% from last month and 22.3% from last year. Cumulative album sales from January to April reached 31.5 million units, recovering to a level close to last year's.
In May, "Ive" and other top girl groups "NewJeans" and "aespa" will release new albums.
NewJeans will release their single "How Sweet" on the 24th, and aespa will release their first full album "Armageddon" on the 27th.
This is expected to have a major impact on the trends in the music market. The ongoing "music pushing" issue is a cause for concern. "Music pushing" is when the management offices of idol groups decide to sell their music.
This is a method of planning with the distributor to secure the initial sales volume and then releasing the corresponding volume through fan autographing sessions, etc. Recently, Min Hee-jin, CEO of ADOR, the parent company HYB
This was made public during a press conference regarding the management rights dispute between E and the group, and became a hot topic. Since CEO Min Hee-jin's public remarks, the group has not only been "pushing out albums," but has also been getting only photo cards and throwing away albums.
The issue of the decline in the so-called "album opening" activity was also raised again. Kim JIN, chief researcher of WOOCIRCLE's chart, said, "In May, the number of albums opened by SEVENTEEN was 1.5 times higher than in May.
"There are no album sales planned for groups with the label's record power, so it's difficult to imagine that sales will continue to recover. There is also a deterioration in public opinion due to the album sales law issue," he said, adding, "There is still a lot of interest in K-Pop.
The P-record market is currently going through a period of transition."