The ladies of KARA are dominating in Japan.
Girl group KARA released their Japanese single ‘Winter Magic‘ last October, and it quickly sold 100,000 copies on the first day it went on sale. It was the third single the girls released in Japan. If you include their first Japanese full-length album, all four albums the girls released this year have broke the ‘Top 10′ on the Oricon chart. On top of albums, the girls have also released a DVD which is a collection of pictorials that were shot overseas.
The girls who made their official Japanese debut last year have taken Japan by storm with their ‘hip dance’ and charmed their Japanese fans with their vocal talent and their cute, approachable image. And this year, fans felt closer to the girls as they made more television appearances, allowing fans to get to know them better. Jang Jinhee from KARA’s agency DSP Media stated, “KARA has refrained from holding a concert in Japan this year and have focused on making television appearances, which directly impacted the number of albums they sold.”
According to the Oricon, KARA garnered a cumulative sales total (from albums & DVDs) of roughly $63.6million USD, being the #1 K-pop artist in Japan to sell the most albums. Out of Japanese artists and foreign artists combined, KARA came in at #4 overall.
With the increase in sales overall, the K-pop market in Japan is also increasingly expanding. KARA & SNSD ranked at #1 and #2 for best rookie artist on the Oricon by generating revenue of $16.6 million USD and $11.2 million last year, and in a year their revenue have increased by 400-500%
The Japanese music market is the second-largest market for K-pop in the world, and in total is 10-20 times larger than the music market in Korea.
So how much net profit is KARA raking in from Japan? According to the music industry, 8% to 20% of their album and DVD sales are brought in as royalties and so their royalty profits alone from strictly album and DVD sales are close to $8.6 million USD. But famous artists make more money off of other things such as merchandising and performances and with everything combined, the professionals calculate KARA to bring in a net profit of around $17.3 million USD in total.
Source & Image: HK via
Nate
But I thought concert tours bring in more cash flow, album sales?
.^_^. to congratulate .^_^.
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