On February 1, 3 of South Korean entertainment agencies said they would join to form a music platform together with the SK telecom company.
It was informed that the B2B distribution of content from these companies for their albums and digital music will now be done through SK Telecom, the three agencies will actively participate in the distribution process, establish policies for the supply and distribution of content, and They will work on the internalization of the system. Also the platform will have personalized customer service.
This aims to help the development of companies and the industry in the long term. They will also consider the blockchain technology for the protection of music copyright and greater transparency of transaction records.
At the moment only these three agencies will participate, but if things go well, other agencies are expected to join the project.
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