I read very good news in the newspaper walking on the treadmill.
(Please don't read anything on the treadmill :) It's dangerous.)
Anyway, there is no related news in English on the internet yet and I outlined it briefly.
YG Entertainment, SM Entertainment, and LOEN Entertainment went into the top 10 in the World Competitiveness thanks to the global popularity of K-pop.
According to the '2015 Report of Global Entertainment Industry Competitiveness' by KAIST, the three Korean big 3 Entertainment companies beat their rivals. SM takes 4th place in world competitiveness including four indexes, for example, sales, profitability, productivity, and growth. LOEN came in 6th and YG is in the top 10.
SM is in third place in growth in average annual sales for 4 years from 2010 to 2013. YG is currently 5th in the report. LOEN and CJ E&M take 7th and 8th place each.
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| Global Rank of Korean Entertainment Companies |
The development of information technology has allowed netizens to easily share global news through social network services and interesting video clips in real-time and it helps Korean K-pop stars become popular worldwide.
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