Wednesday, November 16, 2011
[News] Kim Hyun Joong Beats Out Gaga and Coldplay
Kim Hyun Joong ranked no.1 on Japan’s Oricon Chart, claiming the top spot on the weekly chart of imported album sales with his album Lucky as of November 14. This is the second time Kim has ranked first, after Breakdown in July.
The Oricon Chart, the country’s most famous music chart, determines ranking based on album sales.Most notably, Kim beat out global pop stars like Coldplay and Lady Gaga who ranked within the top 10.
Kim, who is currently on a nationwide fan meeting tour titled, Kim Hyun Joong-First Tour 2011 in Japan, said, “I’m all the more pleased to hear the news of topping the Oricon Chart while I’m on the tour in several cities to meet fans. I’ll make an effort to put on the best performance while remembering the fans who always give me strength.”
With the release of two mini solo albums this year, Kim solidified his status as a hallyu star in Japan, and further proved his popularity by selling out tickets to the national tour immediately after sales began in September. Reportedly, those same tickets are being resold for 15 times more than the original price.
Having started his tour in Osaka on November 9, Kim completed fan meetings in Sapporo, Sendai, and Hiroshima before moving on to Yokohama, Nagoya, Tokyo, and Fukuoka.
CReDiT tO =
Photo credit: Key East Entertainment
As posted in enewsworld.com
YG Entertainment sales increase due to Big Bang [NEWS]
It was recently revealed that YG Entertainment‘s stock price will only be worth 80% of SM Entertainment‘s.
Shinyoung Securities reported on the 14th that once YG Entertainment is registered with KOSDAQ on the 23rd, their estimated stock price will be roughly $58 USD per share. Considering that YG has had less promotions overseas and restricted group member promotions, they inevitably came up 20% short in comparison to SM Entertainment.
However, it was also reported that YG was the second most successful entertainment agency, boasting a sales boost of 55.5% from 2008 to 2010, and a 173% increase in business profits. Their sudden jump in profit is mainly credited to their boy band, Big Bang. Reviewing the first half of 2011, Big Bang alone brought in 52% of YG Entertainment’s income; 60% if you include each member’s solo projects, and their albums are now selling over 4 times more compared to back in 2009. YG’s girl group 2NE1 currently brings in 40% of what Big Bang brings in for total earnings, but with their escalating fame, it is estimated that they will be able to bring that percentage up to 70% by this time next year.
Shinyoung Securities also reported that the agency managed to earn a high profitable income this year compared to their lack of artist promotions and credited their success to the bond between the YG Family artists. It’s beneficial but risky at the same time that manpower is the drive behind YG’s success, however, the chances of YG artists surviving competition were predicted to be high.
CReDiT tO =
Source & Image: Herald via Nate
translation: AKP
Subscribe to:
Posts (Atom)

