Melon to reveal 'Global-K Chart' aggregation criteria... 'Fan activity index' also included [Official]

*This content was translated by AI.

Melon's 'Global-K Chart' will reflect not only music streaming but also fan activity indices in its rankings.

Kakao Entertainment (co-CEOs Ko Geok-hee and Jang Yoon-joong) announced on the 28th the aggregation criteria for the 'Global-K Chart,' which will be jointly launched in June by music platform Melon, Tencent Music Entertainment (hereinafter Tencent Music) of China, and LINE MUSIC of Japan. The core of the aggregation criteria is the summation of not only music streaming but also fan activity indices, making it the world's only K-pop chart that includes fan activity indices.

The 'Global-K Chart' is an artist chart that shows the global influence of K-pop artists at a glance based on usage of Melon (Korea), Tencent Music (China), and LINE MUSIC (Japan), the major music partners in Korea, China, and Japan. It consists of a global chart and detailed platform charts and will be updated simultaneously on the Melon, Tencent Music, and LINE MUSIC platforms. Scores are calculated by aggregating music streaming usage across each platform and various fan activity indices within the platforms based on 24-hour usage from the previous day. In the case of Melon, it is planned to reflect music usage such as music streaming and download user counts, as well as fan activity indices such as fan following and likes. Some detailed items may vary depending on the service environment and platform characteristics by country.

Melon has already been operating an 'Artist Chart' in Korea that reflects fan activity indices in addition to music streaming-centered charts such as TOP100 and HOT100. The 'Global-K Chart' is differentiated from existing K-pop charts in that it is based on Melon's know-how and adds fan activity indices from Tencent Music and LINE MUSIC to measure artists' influence beyond Korea and across the world in a three-dimensional manner.

Under the slogan 'The Global K-POP Standard,' the 'Global-K Chart' captures the fandom of the 1.6 billion people, representing 20% of the global population, in Korea, China, Japan, and other core K-pop regions. Since Korea, China, and Japan have strong influence on global K-pop trends, active participation by local fans in each country will be directly reflected in the chart, expected to become a more vibrant K-pop trend indicator. It is also expected to serve as an important indicator for artists to check global fans' reactions and activities, gathering expectations as a new driving force for expanding and communicating with global fandoms.

A Melon official stated, "The 'Global-K Chart' goes beyond simply aggregating artists who are listened to the most; it captures various traces of fans reacting to artists' activities and taking actual action." They added, "Since the genuine fandom of fans in Korea, China, and Japan will be directly reflected in the chart, we hope it will become a meaningful stepping stone for K-pop artists to communicate more deeply and expand more broadly with global fandoms."

Meanwhile, the 'Global-K Chart' is the result of a memorandum of understanding (MOU) signed last December by Kakao Entertainment, Tencent Music, and LINE MUSIC. The three companies agreed to launch an artist chart that integrates K-pop usage across their respective platforms and confirmed an official launch in June. Melon has been a core platform connecting K-pop fans and artists in Korea for 22 years, while Tencent Music operates QQ Music, KUGOU Music, KUWO Music, and JOOX, which hold powerful influence in China and Southeast Asia. LINE MUSIC provides a music experience linked to the ecosystem of the communication app LINE, which is used by 100 million people in Japan.

<© STARNEWS. All rights reserved. No reproduction or redistribution allowed.>

*This content was translated by AI.