'Investor-Selected Music Revenue Security' No.1 is Jang Deokcheol's 'Geudaemani'
Musicow Announces This Year's Artist and Song 'Muka Ranking'
This Year's Artist is IU
"Various Songs Crossing Eras and Genres, Receiving Multifaceted Attention"
The main figures who heated up the music investment market this year have been revealed.
Musicow announced on the 30th that IU was selected as Artist of the Year, and Jang Deok-cheol's "Only You" was chosen as Song of the Year.
[Photo by Musicow]
Musicow announced on the 30th that IU was selected as the Artist of the Year, and Jang Deok-cheol's "Only You" was chosen as the Song of the Year.
To mark the end of the year, Musicow released its year-end summary content called "Mucaranking" on its web magazine channel, "Musicow Note." This content is based on data from January 1 to November 30 of this year and analyzes the songs and artists that received the most attention from music investors, as well as investment trends, through numbers and data.
According to Mucaranking, IU and Jang Deok-cheol's "Only You" were selected as the Artist and Song of the Year, respectively. The top 3 most searched "Artists of the Year" by customers included △IU △Younha △g.o.d, all of whom possess timeless hit songs that have been loved for a long time.
The top 3 songs with the highest trading volume were △Jang Deok-cheol's "Only You" △Jeon Sang-geun's "There Is No Such Thing as Love Melodrama" △Jang Deok-cheol's "Like That Day." Notably, Jang Deok-cheol's two songs, despite being newly listed in the second half of this year, recorded high trading volumes, drawing attention.
The top 3 songs with the highest number of added interest tracks were △Wheesung's "Insomnia" △Hwang Chi-yeul's "You Are Stuck Inside Me" △Lee Chan-won's "Seasons of Fate," which had relatively high copyright royalty yields over the past year.
Musicow 2024 Year-End Summary Content 'Mucarangking' Released.
[Photo by Musicow]
The top 3 songs with the highest price increase from January 1 to November 30 this year were △JBJ95's "Like a Flame" △GG (Park Myung-soo & G-Dragon)'s "Got a Crush (Feat. Park Bom)" △Yang Soo-kyung's "Where Are You." The top 3 songs with the highest search volume were △izi's "Emergency Room" △Kim Tae-woo's "Love Rain" △Cool's "Aloha."
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Musicow is providing various year-end summary contents, including "Mucaralog," which reflects on meaningful achievements of the year, along with "Mucaranking." A Musicow representative said, "This year, songs from various eras and genres attracted attention from customers," adding that they will continue to introduce valuable classic songs to revitalize the music investment market. They also noted, "2024 will be a meaningful year, marking the first auction opening since the conversion to music revenue securities and the first anniversary of music securities issuance."
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