Billboard Korea and Billboard will introduce two new charts that more precisely show the flow and global influence of K-music (Music).
Billboard Korea said on the 3rd that it has launched 'Billboard Korea Global K-Songs (Billboard Korea Global K-Songs)' and 'Billboard Korea Hot 100 (Billboard Korea Hot 100)', global and domestic song charts that fully reflect K-music.
These new charts are the first official instance in which Billboard formally compiles how K-music is being consumed in the global music market.
The two new charts are part of a K-music project that Billboard, under Penske Media Corporation, is carrying out in Korea. They were designed in close cooperation between Billboard's U.S. headquarters and Billboard Korea, balancing expertise accumulated in the global chart system with the characteristics and on-the-ground realities of Korea's music ecosystem.
'Billboard Korea Global K-Songs' is a global songs chart that officially shows the popularity of K-music consumed around the world, based on actual streaming and purchase data from across the globe, including Korea. Through this, one can immediately see how K-music is spreading in the global market.
'Billboard Korea Hot 100' is a domestic-centered songs chart that shows the most beloved songs within Korea, intuitively showing which music the Korean public is listening to the most regardless of language.
The calculation of the two charts uses official data such as streaming usage data and music sales compiled from major global and domestic music platforms. Billboard aims to present objective and highly reliable standards that fans and the industry can refer to and to build transparent indicators for the K-music market.
With the U.S. headquarters' 'Billboard Hot 100 (Billboard Hot 100)' and 'Billboard 200 (Billboard 200)' positioned at the center of the global chart system, Billboard Korea's new charts expand that system and serve to concisely reflect K-music's international growth and influence.
Through this launch, global K-music fans will be able to compare and understand within one system how Korean music is being received worldwide and which songs are receiving the most support domestically. This is expected to function as a 'common language' that connects artists, labels and fan communities beyond a simple ranking.
Silvio Pietroluongo, executive vice president of the charts & institutional sector and data partnerships division at Billboard's headquarters, said he is very pleased to reintroduce the new 'Billboard Korea Hot 100,' which can comprehensively show Korean music fans a broader range of songs and artists. He noted that the global influence of Korean music has already been widely proven, and the newly released 'Billboard Korea Global K-Songs' chart will officially show the K-music songs achieving the highest performance worldwide every week.
Billboard and Billboard Korea plan to use these two charts as a starting point to continue developing various businesses and collaborations centered on K-music. Through differentiated projects such as storytelling content based on the charts, partnerships with artists and brands, and live events, they aim to convey the unique value and potential of Korean music to global fans in a more multidimensional way.
The two charts will be updated weekly, and the latest rankings can be checked on the Billboard Korea website and the U.S. Billboard website.
[Photo] Provided by Billboard Korea
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