K-pop is not just a new music genre, but a production system that, historically speaking, is most comparable to New York’s Tin Pan Alley in the late 19th century or the Brill Building pop of the 1960s. The K-pop production system is a collaborative value-creation network that includes artist and repertoire (A&R), an intensive, long-term […]

The Economics of K-pop – Part 9: The production system of K-pop