Blog Post

Budding Music War as Digital Music Providers Eye Cell Phones

Other South Korean telcos are hard on the heels of SK Telecom, which launched its ubiquitous mobile service on monday.
Korea Software Development Institute stated that the Korean digital sound source market has grown from last year’s W45 billion (US$41 M) to W185 billion (US$170 M) this year. As Kim Ha-chun of KTF’s music business team stated, “The online music market is expected to be as large as W600 billion (US$552 M), and that’s why companies are diving in for their share”.