I was reading through some of my classmates’ blogs and found a blog that I really liked. Michael Kim‘s blog was about K-pop and its success. For those of you who aren’t familiar with K-pop, it’s an abbreviation for Korean Pop from South Korea. Many of Korean superstars have become popular in many countries around the world, especially in China, Japan, Philippines, Taiwan and Singapore.
As Michael mentioned, the girl band Girl’s Generation has earned the hearts of Asia. The Girl’s Generation received lots of attention from all Asia even before their debut because of their agency, SM Entertainment. SM Entertainment is in the center of K-pop movement. It has produced many famous artists and earned millions of dollars.
Right now, SM Entertainment is in the midst of holding its 2010-2011 world concert series “SM Town 2010“, which brings together the company’s biggest stars, including Girl’s Generation, in an enormous k-pop extravaganza. Most recently, they held a concert in Tokyo from January 25-26th. The SM Town 2010 was a great success. In Tokyo, 12,000-seat National Yoyogi Stadium was sold out within hours, and a source close to SM revealed that the company is estimating earnings of 300 million yen (3.65 million U.S. dollars). To accommodate many disappointing fans who couldn’t get a seat on those days, SM Town is holding another concert at Tokyo Dome in April. Tokyo Dome can hold 55,000 people, and the source expects that SM will exceed profits of 1 billion yen (12 million U.S. dollars).
K-pop has become the center of music in Asia, and the K-Pop madness will continue for a long time.