'BTS and TWICE Duck' Overseas Copyright Fees Overtake Total Last Year

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The Korea MusicCopyright Association (Chairman Hong Jin-young, hereinafter Haneum Low-Kyup) announced on the 8th that the Copyright fee collected from overseas music Copyright organizations by September 30 this year was about 7.9 billion won, exceeding 7.7 billion won collected during the past year.The K-pop artists, who are popular overseas, such as BTS, Wanna One, and TWICE, are now returning to the national interest, said Han Myoung-hyup. We will become an association that fully supports music writers who are rooted in the continuous growth of K-pop.The K-pop boom, which has become stronger this year, is expected to make overseas Copyright fees grow more than now, because the period of grace is about six months to one year due to the nature of the collection of overseas Copyright fees, said a source from the Korea Federation of Korean Industries. Its the one, he said.In fact, according to the music chart statistics of YouTube, the music of K-pop singers is loved regardless of country and continent.As of the second week of October, 19 Korean songs ranked in the top 100, with BAAM (Momorand), Toudoudo (Black Pink), and BDZ (TWICE) ranking third, ninth and 10th respectively.In addition, BTS IDOL ranks 38th on the Norwegian chart, 66th in Australia, 57th in Canada, and 65th in Chile. Super Juniors ONE MORE TIME ranks 73rd on the Mexican chart.The management of overseas Copyright fees is made up of mutual management contracts between trust organizations.The mutual management contract is a contract that collects the usage fee of the music works used in each Europe by the trust organizations of the country and then delivers the usage fee to the trust organization of Europe where the artists who created the work belong.For example, the United States of America pop music used in Korea is collected by the Han-Yong-Kyung instead and sent to the United States of America MusicCopyright organization. On the contrary, Korea Music used overseas collects the charges from each Europe and sends them to Han-Yong-Kyung.kim eun-gu

The Korea Music Copyright Association (Chairman Hong Jin-young, hereinafter Haneum Low-Kyup) announced on the 8th that the Copyright fee collected from overseas Music Copyright organizations by September 30 this year was about 7.9 billion won, exceeding 7.7 billion won collected during the past year. “The K-pop artists, who are popular overseas, such as BTS, Wanna One, and TWICE, are now returning to the national interest,” said Han Myoung-hyup. “We will become an association that fully supports Music writers who are rooted in the continuous growth of K-pop.”

“The K-pop boom, which has become stronger this year, is expected to make overseas Copyright fees grow more than now, because the period of grace is about six months to one year due to the nature of the collection of overseas Copyright fees,” said a source from the Korea Federation of Korean Industries. “It’s the one,” he said.

In fact, according to the Music chart statistics of YouTube, the Music of K-pop singers is loved regardless of country and continent. As of the second week of October, 19 Korean songs ranked in the top 100, with BAAM (Momorand), Toudoudo (Black Pink), and BDZ (TWICE) ranking third, ninth and 10th respectively.

In addition, BTS' IDOL ranks 38th on the Norwegian chart, 66th in Australia, 57th in Canada, and 65th in Chile. Super Junior's ONE MORE TIME ranks 73rd on the Mexican chart.

The management of overseas Copyright fees is made up of 'mutual management contracts' between trust organizations. The mutual management contract is a contract that collects the usage fee of the Music works used in each Europe by the trust organizations of the country and then delivers the usage fee to the trust organization of Europe where the artists who created the work belong. For example, the United States of America pop Music used in Korea is collected by the Han-Yong-Kyung instead and sent to the United States of America Music Copyright organization. On the contrary, Korea Music used overseas collects the charges from each Europe and sends them to Han-Yong-Kyung.

kim eun-gu