Television singing competitions create stars? Empirical evidence from the digital music chart in South Korea

After the success of American Idol, television singing competitions have become widespread and popular around the world. Although this format has had a substantial influence on the music market of many countries, few studies have quantified this influence. This study examines whether musicians from...

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Bibliographic Details
Published in:Journal of cultural economics 2019-03, Vol.43 (1), p.1-20
Main Authors: Cho, Daegon, Lee, Seok Ho, Yoo, Yeawon, Chu, Hyo-Youn
Format: Article
Language:English
Subjects:
Arts
Competitions
Cultural Economics
Digital music
Economic Policy
Economics
Economics and Finance
Marketing
Microeconomics
Money
Music
Musical performances
Musicians
Musicians & conductors
ORIGINAL ARTICLE
Regional and Cultural Studies
Sales
Singing
Songs
Television
Television programs
Tenure
Winners
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Summary:After the success of American Idol, television singing competitions have become widespread and popular around the world. Although this format has had a substantial influence on the music market of many countries, few studies have quantified this influence. This study examines whether musicians from singing competitions (contestants) earned more money through digital music sales than did other musicians (non-contestants). We used a unique dataset that summed sales from the top 200 monthly digital music chart of South Korea between 2011 and 2014. We analyze the number of the song sold during this tenure, considering several variables such as gender and seasonality. Our findings indicate that songs by contestants yielded larger sales than did those of non-contestants. This positive impact is greater for the top two finalists in the competitions. The insights gained in this study will provide guidance to record companies who are considering recording contracts with contest winners.
ISSN:0885-2545
1573-6997
DOI:10.1007/s10824-018-9327-3