Previously, Gaon Chart confirmed that they would not count G-Dragon’s “Kwon Ji Yong” USB as an album on June 19. However, Gaon Chart has decided to revise their policy for Gaon Chart in 2018.
Gaon Chart’s new policy will acknowledge G-Dragon’s USB as an album and expand the environment for the digital music market.
A source from Gaon Chart revealed that the album chart will redefine the definition of “album” in revised copyright laws to be more inclusive of items that are not traditional offline albums.
Gaon Chart will also revise the value of streaming services for their charts. The source explained, “The value of downloading was much higher than the value of streaming because it was only possible to listen through a PC environment with the early digital music market in the 2000s. However, the appearance of smart phones after 2010 and improvements in wireless network connections have led to an increase in streaming services which have become a major type of music consumption, while downloading services are on the decline.”
The source continued, “We will stop discounting the weight of streaming for package deals (streaming + download package services, etc) and raise the value of streaming.”
Gaon Chart’s new policy will be in effect starting January 1, 2018.
What are your thoughts on their policy changes?
Source (1) via @soompi