Posted March 18, 201114 yr Keep in mind that the following: To combat piracy (more than 90% of all music several years ago), the Korean music industry decided to sell MP3 dirt cheap on subscription basis. Low prices = high volume which also deters piracy. For example, on Soribada (Korean), you can buy 40 songsfor $7 within 1 month (=$0.18 each) OR 150 songs for $11 within 1 month (=$0.07each). As a result, South Korea probably have around 4-5 million paying subscribers (my guess). Melon is #1 in the world (ahead of spotify) in term of paying subscribers according to the Financial Times with more than 1 million. Soribada had 750,000 subscribers back in 2008. Other popular music subscription portals in South Korea include Mnet, CyWorld, Daum, Naver, Dosirak, Bugs. I woudn't be surprised if they have over 5 million paying subscribers with a population of 49 millions. Who wouldn't love to pay $11 to download 150 DRM-free MP3 each month? http://www.buzzjack.com/forums/index.php?showtopic=125184 South Korea top 100 downloads of 2010 (domestic & internatio #1 last year sold 3352827 and #100 sold 1477767 How many in the UK would subscribe if 7 pounds a month get you 40 MP3 downloads and 11 pounds a month get you 150 MP3 downloads? Let's make it more expensive, say 10 pounds = 40 downloads 15 pounds = 80 downloads People would subscribe in massive numbers. http://www.gaonchart.co.kr/main/section/on...nload/list.gaon Click on that to see 55 to 200 Top 55 below (google translated) http://www5.picturepush.com/photo/a/5276253/img/5276253.jpg http://www2.picturepush.com/photo/a/5276255/img/5276255.jpg http://www3.picturepush.com/photo/a/5276256/img/5276256.jpg http://www1.picturepush.com/photo/a/5276259/img/5276259.jpg http://www3.picturepush.com/photo/a/5276261/img/5276261.jpg Edited March 18, 201114 yr by Dust2
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