RE: sp angel note posted on another board15 Feb 2022 11:35
KPOP was ranked number six in top ten music markets worldwide in 2019: KPOP is short for Korean popular music, which originated in South Korea with influence from South Korean culture, as well as pop, experimental, rock, jazz, gospel, hip hop and other genres. South Korean artists have become increasingly visible on the global stage, hitting the Billboard Hot 100 chart multiple times since 2009. During the 2018 Winter Olympics held in PyeongChang, South Korea the Parade of Nations was supported by music from a number of KPOP artists. Performances from more KPOP solo artists were showcased at the closing ceremonies for the Olympics that year. Since then, KPOP has been marked as one of the fastest growing music genres by sales, streaming and paid subscription services.
Outlook: The extension of this festival to a full weekend event is looking like a great win for LVCG. Adding diversification to the Company’s revenue streams is clearly starting to pay off, as the demand for live events, post-covid, soars. We expect LVCG to build on this momentum with more live event announcements in the coming months