RE: Kpopflex festival is profitable14 Jan 2022 20:28
Enhypen really are KPOP big time. Over 500 million streams on Spotify. No wonder there has been a big surge in ticket sales.
But its the 100% streaming and broadcast revenue that’s going to be even bigger. Average live stream prices for a single group are $29.99. The festival is offering 5 hours of Live music from 4 of the biggest KPOP bands out there, who have over 40 million social media followers between them. If even just 1% of them streamed the festival and lvcg got 50% of the streaming income, that’s $6 million.
https://www.pinkvilla.com/entertainment/enhypen-continue-prove-their-title-monster-rookies-smashing-record-spotify-963529
On December 8, ENHYPEN crossed 500 million streams on Spotify in 372 days, making them the ‘Fastest K-Pop Boy Group in History to break the record! They also reached 100 million streams in 201 days for ‘Border: Day One’, earning the title of ‘Fastest Debut Album by K-Pop group’.
Recently, their song ‘Fever’ from the album ‘BORDER: CARNIVAL’ was selected as the '2021 Best K-Pop Song' by TIME in the US, proving its global popularity. They also announced that they will be returning with their first full-length repackage album on January 10, 2022 which is just 3 months after the release of ‘DIMENSION: DILEMMA’.