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South Korean pop starsCNBC
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84% Informative
South Korea's "Big Four" K-pop agencies have lost between 29% to 56% of their market capitalization so far in 2024 .
BTS and Blackpink , have seen commercial success worldwide, breaking records on Spotify , YouTube and Billboard Charts .
Analysts say governance issues and declining earnings have plagued the Big Four, according to Mirae Asset Securities .
Spotify revealed to CNBC that royalties generated by South Korean artists exceeded 180 billion won ( $138 million ) as of Sept. 3 , marking a threefold increase from 2019 and a staggering 780% rise since 2017 .
The high base in 2023 supported a thesis that there will be "continual high growth" for these companies.
VR Score
88
Informative language
91
Neutral language
15
Article tone
formal
Language
English
Language complexity
45
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
6
Source diversity
5
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