A Study on Development Status of Korea-Russia Music Industry: Suggestions for Building Mutually Supportive Relationships

한-러 음악 산업 발전 현황 연구 : 상호보완적 관계 구축을 위한 제언

The Korean music industry, which has the world's 12th largest music market and the world's 10th largest music market, is following the development trend of the recent world music industry, The growth of digital music sources in the music industry in both countries is attributed to the increase of streaming sound source service, the increase of the number of connection of digital sound source using smartphone caused by the development of internet, and the launch of various complex programs using streaming. The spread of smartphones and the resulting changes in the lifestyle of the Russian people, the convenience of connection, which allows anyone to easily access music and listen to music without a separate audio device or digital player. And a complete analysis of the propensity of the sound consumer through analysis of "Big Data" are considered as important factors leading to the historical rise of the digital sound source. The music industry in Russia and Korea is currently in a stable condition to grow. The following five complementary points analyzed in the specificity of the music industry of the two countries (First, utilizing big data in the digital music industry, Second, diversification of streaming service, Third, develop new types of streaming services, Fourth, to form a global market through online streaming, Fifth, diversification of profit model through platform) will work well in Russia and Korea, and the share of both countries in the world music market is very likely to expand.