How will China's strict new entertainment rules affect K-pop idols? Fans of BTS and Blackpink can say goodbye to bulk-buying albums, paid votes on TV shows and gender-bending fashion …

entertainment TV shows, purchasing more than one copy, effeminate boy bands, commit illegal activities, non-fungible tokens, Korea Times, Facebook, Instagram, YouTube, Twitter

The Cyberspace Administration of China issued a notice on August 27 saying it will implement 10 measures to improve fan culture, including the scrapping of ranking entertainers and halting paid voting systems on entertainment TV shows.

entertainment TV shows, purchasing more than one copy, effeminate boy bands, commit illegal activities, non-fungible tokens, Korea Times, Facebook, Instagram, YouTube, Twitter

Holland is known as one of K-pop’s openly gay idols who challenges ideas of beauty. Photo: @holland_vvv/Instagram

The Chinese government’s attempts to regulate its entertainment sector will affect the K-pop industry, because China is the top source of revenue for Korea’s leading entertainment agencies.

Right after the notice was announced, Tencent’s music streaming service, QQ Music, restricted customers from purchasing more than one copy of an album online.

entertainment TV shows, purchasing more than one copy, effeminate boy bands, commit illegal activities, non-fungible tokens, Korea Times, Facebook, Instagram, YouTube, Twitter

Shinee’s Taemin has been experimenting with his style as a solo artist over the years. Photo: @smtown/Instagram

Total exports of K-pop albums in July this year surged 3.6 times year-on-year to US$26 million (30.7 billion won). Sales coming from China reached US$8.25 million, which was the biggest amount ever. But the Chinese regulation is expected to affect this trend, while local securities firms say they will have to see the actual impact of the regulations during the third quarter of this year before estimating monetary losses.

“Because album sales are based on individual purchase, it is difficult to accurately predict the impact of the restrictions until we confirm the decline in sales in the third quarter,” said Park Da-gyeom, a researcher at Hi Investment & Securities.

entertainment TV shows, purchasing more than one copy, effeminate boy bands, commit illegal activities, non-fungible tokens, Korea Times, Facebook, Instagram, YouTube, Twitter

NCT launched their album, NCT 2020 Resonance Pt. 2, at the end of 2020. Photo: SM Entertainment

China’s State Administration of Radio, Film and Television (SARFT) also issued the “Directive on Increasing Oversight of Entertainment Programmes and their Personnel” on September 2, banning effeminate boy bands from starring in idol talent shows broadcast on TV networks and internet platforms.

entertainment TV shows, purchasing more than one copy, effeminate boy bands, commit illegal activities, non-fungible tokens, Korea Times, Facebook, Instagram, YouTube, Twitter

Vixx’s track Shangri-La in 2017 was widely popular for its use of traditional Korean hanbok. Photo: @leedonade/Twitter

Chinese authorities said these regulations aim to eliminate immoral entertainers who commit illegal activities, and television stations will cast actors and singers based on their political sophistication, moral conduct and social assessment.

A day after SARFT’s announcement, the stock prices of Korea’s three representative K-pop firms all declined.

entertainment TV shows, purchasing more than one copy, effeminate boy bands, commit illegal activities, non-fungible tokens, Korea Times, Facebook, Instagram, YouTube, Twitter

Stray Kids member Hyunjin. Photo: JYP Entertainment

YG Entertainment, SM Entertainment and JYP Entertainment witnessed their stock prices decrease by 2.54 per cent, 1.94 per cent and 1.57 per cent, respectively. Keyeast, a management agency specialising in actors, also saw its stock price drop by four per cent on the same day.

But officials at domestic talent agencies are saying the impact of the restrictive measures from China on their financial soundness will be limited, as the level of reliance in terms of generating money from the sale of music albums isn’t that high compared to previous years.

entertainment TV shows, purchasing more than one copy, effeminate boy bands, commit illegal activities, non-fungible tokens, Korea Times, Facebook, Instagram, YouTube, Twitter

Ateez member Hongjoong rocked a mullet in the track Say My Name. Photo: @ATEEZofficial/Twitter

JYP Entertainment has been investing in the metaverse and non-fungible tokens to strengthen its music business. SM Entertainment is planning to sell off a 19.42 per cent stake, possibly to CJ Group or Kakao Entertainment.

This article originally appeared on Korea Times

Want more stories like this? Sign up here. Follow STYLE on Facebook, Instagram, YouTube and Twitter.

Internet Explorer Channel Network
News Related

OTHER NEWS

Formula 1 and Motorsport Network unveil fan results of largest single sports survey ever conducted by Nielsen Sports

© Motorsport.com Formula 1 and Motorsport Network launch world’s largest F1 Fan Survey AUSTIN, Texas (October 21, 2021) – Formula 1 and Motorsport Network, today announced the results of the ... Read more »

Strictly's Rylan Clark supports Tilly Ramsay as he wades in on weight jibe row

Rylan Clark has hit back at radio host Steve Allen after he branded Strictly star Tilly Ramsay a “chubby little thing”. The Strictly: It Takes Two host took to Twitter ... Read more »

AOC mocks Facebook over rebrand announcement: ‘That'll fix it'

AOC mocks Facebook over rebrand announcement: ‘That’ll fix it’ New York Rep Alexandria Ocasio-Cortez joined in the widespread mockery of Facebook and its founder Mark Zuckerberg on Wednesday after it ... Read more »

U.S. consumer watchdog orders tech giants turn over information on payment systems

The seal of the Consumer Financial Protection Bureau (CFPB) is seen at their headquarters in Washington, D.C. WASHINGTON (Reuters) – The Consumer Financial Protection Bureau (CFPB) on Thursday said it ... Read more »

So lässig! Den Basic-Look von Sylvester Stallone wollen wir sofort nachstylen

Sylvester Stallone ist Schauspieler, Regisseur, Autor und Produzent. Vor allem für seine Rolle als Barney Ross, der Anführer der Truppe von Actionhelden in der Filmreihe “The Expendables” wurde Sylvester Stallone in den letzten ... Read more »

"Njlimet," Pameran Seni Rupa Bertema Rumitnya Masa Pandemi

LIFESTYLE “Njlimet,” Pameran Seni Rupa Bertema Rumitnya Masa Pandemi “Njlimet,” pameran seni rupa bertema rumitnya masa pandemi kini telah dibuka di Bentara Budaya. October 21st, 9:19 PM October 21st, 9:19 ... Read more »

Oversight Board slams Facebook, says tech giant withheld info in Trump case

The board said that Facebook withheld or provided incomplete information about its so-called cross-check program, which shields millions of high-profile and VIP users. AP Photo/Marcio Jose Sanchez, File Facebook’s Oversight Board — ... Read more »

Los salarios de Hollywood revelados: 4 trabajadores del entretenimiento detallan lo que ganan detrás de escena en el cine y la televisión

© Marianne Ayala|Insider Muchos trabajadores del entretenimiento batallan por llegar a fin de mes. Trabajar en la industria del entretenimiento tiene un atractivo único y poderoso por su proximidad a ... Read more »

Dalian Wanda's property management unit applies to list in Hong Kong to raise up to US$4 billion

Zhuhai Wanda Commercial Management Group, the property servicing arm of Dalian Wanda Group, filed for a listing on the Hong Kong stock exchange on Thursday night. The mainland China-based company, ... Read more »

These people want to die. Will their countries allow euthanasia?

"We are sentenced to death ... in life," an Argentine lawyer with an incurable disease asked on social media as Latin American countries debate whether to allow euthanasia. Read more »

Nadia Chaudhri: Neuroscientist who made it last mission to save other women dies of ovarian cancer aged 43

© Concordia University Dr Nadia Chaudhri was a psychology professor at Concordia University in Montreal – Concordia University Canadian neuroscientist Nadia Chaudhri, who died of ovarian cancer earlier this month, ... Read more »

Facebook hid rules that led to Trump ban, says its 'supreme court'

Facebook, Trump Facebook kept its own “supreme court” in the dark about a security system that let posts by prominent politicians and celebrities break its rules. The tech giant was ... Read more »

'Outstanding', 'Tremendous', 'Awesome' - Lots of Rangers fans buzz over 'smashing' news

© Provided by Transfer Tavern Ibrox (4) Lots of Glasgow Rangers fans have been left buzzing over some news involving their B team. As per the official website of the ... Read more »

China to pursue digital trade expansion under new five-year plan as cross-border data flow restrictions remain in place

China is seeking to step up development of digital trade, a segment that is shaping into an integral part of the economy, amid questions that this effort might be impeded ... Read more »

Funboy's New Inflatable Winter Sleds Will Have You Wishing for a Snow Day

Don’t we all daydream about the days where snow days were truly snow days? Meaning that we weren’t expected to work from home and could simply enjoy sleeping late, watch ... Read more »

William Shatner pensó que era una broma cuando le dijeron que “Halloween” usa una máscara de su rostro para Michael Myers

William Shatner pensó que era una broma cuando descubrió por primera vez que Michael Myers usa una máscara del Capitán Kirk alterada en las películas de “Halloween”. © REUTERS/Mario Anzuoni/Compass International ... Read more »

Hong Kong, mainland China agree to one-stop sandbox platform allowing Greater Bay Area start-ups to develop cross-border fintech tools

The monetary authorities in Hong Kong and mainland China have agreed to create a one-stop sandbox platform in the Greater Bay Area that will allow financial firms and technology companies ... Read more »

Un misterioso “equipo A” se atribuye el rescate de los perros de la Palma, que ya no están en el estanque

© EL PAÍS Captura del vídeo donde se muestra la pancarta que anuncia el rescate de los perros Un misterioso grupo autodenominado A Team (Equipo A) se ha atribuido este ... Read more »

OnlyFans performer Genie Exum shares video of her smiling as police question her over boyfriend stabbing

An OnlyFans star and Instagram influencer has posted a video of herself smiling as police questioned her over the stabbing of her boyfriend. Posting the footage to Instagram after being ... Read more »

Loose Women slams stars who profit from black culture amid Jesy Nelson blackfish scandal

The Loose Women panel addressed the current ‘blackfishing’ scandal which is at the moment, very prevalent in the showbiz industry. Loose Ladies Charlene White, Kelly Bryan, Brenda Edwards, and Sunetra ... Read more »

Digital World Acquisition Corp. jumps on plans to merge with Donald Trump's media company

© AP Photo/LM Otero Former president Donald Trump speaking at the Conservative Political Action Conference in July. AP Photo/LM Otero Digital World Acquisition stock jumped Thursday on plans to merge ... Read more »

Lisa Rinna Says Daughter Amelia Gray Hamlin Chose to Split with Scott Disick 'On Her Own'

© Provided by People Amy Sussman/Getty Images; Jean Baptiste Lacroix/Getty Images; Scott Barbour/Getty Images Nearly two months after Amelia Gray Hamlin and Scott Disick split, Hamlin’s mom Lisa Rinna is ... Read more »

Lirik Lagu Tentang Rasa yang Dipopulerkan oleh Astrid Sartiasari

© Disediakan oleh IntipSeleb.com IntipSeleb – Lirik lagu Tentang Rasa merupakan salah satu lagu yang dipopulerkan oleh Astrid. Lagu ini termasuk ke dalam single yang berada di album ketiganya dengan tajuk Lihat ... Read more »

HolyRecipe: Mitmachen und Ganslbox gewinnen

Kochfans aufgepasst! Wir vergeben eine Martinigansl-Box unter allen, die unsere Beiträge auf Social Media kommentieren. © Sofia Kabelka, sofiakabelka.com Das österreichische Start-up HolyRecipe bietet Kochboxen von Restaurants wie zB Stuwer, Toni Mörwald und ... Read more »

Facebook given sharp warning by its own watchdog over special rules for celebrities

© Copyright 2019 The Associated Press. All rights reserved. Facebook France – Copyright 2019 The Associated Press. All rights reserved. Facebook has been given a sharp warning by its own ... Read more »

Alison Hammond says Steve Allen's comments about Tilly Ramsay 'disgusted me'

Alison Hammond has spoken out about the comments Steve Allen made about Strictly Come Dancing star Tilly Ramsay. The 19-year-old student called the radio presenter out on social media on ... Read more »

Derry café awarded 'Best Scones in Northern Ireland' title

A popular café in the heart of Derry city centre has been awarded the ‘Best Scones in Northern Ireland’. The Cottage Craft Gallery and Coffee Shop from the Craft Village ... Read more »

Microsoft Surface Duo 2 review: A two-screen phone that's not quite ready

Microsoft‘s Surface Duo 2 is a solid idea, but the execution leaves much to be desired. (Image: Howley) Microsoft’s (MSFT) Surface Duo 2 is officially here. The dual-screen don’t-call-it-a-smartphone smartphone ... Read more »

Euro Paper Talk: Man Utd looking to sign LaLiga star in desperate blow to Luke Shaw; two more Barcelona deals

© PA Images jordi-alba-ansu-fati-in-action-for-barcelona Manchester United are ready to renew their interest in a Barcelona star, news that could come as a big blow to Luke Shaw, while Barca are ... Read more »

Apple fails to block Huawei's MatePod trademark for AirPods rivals in China because they will ‘not cause confusion'

Apple has lost another legal attempt to block Huawei Technology Co’s use of the “MatePod” name, this time for a pair of earbuds, according to the Trademark Office of the ... Read more »

Facebook Didenda Rp 201 Miliar Akibat Ogah Pekerjakan Warga AS

© Disediakan oleh Tempo.co foto TEMPO.CO, Jakarta – Raksasa media sosial Facebook setuju membayar denda dan ganti rugi sebesar US$ 14,25 juta atau setara Rp 201 miliar untuk menyelesaikan klaim ... Read more »

Los vikingos ya estaban en América hace ahora justo 1.000 años

© Glenn Nagel Photography Reconstrucción del asentamiento vikingo de L’Anse aux Meadows, en el noreste de Canadá. El sitio es Patrimonio de la Humanidad. Un suceso cósmico grabado en árboles ... Read more »

Regular Covid-19 testing and mask use recommended

© EPA People are recommended to take lateral flow tests twice a week Regular coronavirus testing and mask use recommendations have been issued by public health officials in Guernsey. People ... Read more »

Tech & Science Daily: Google's first Pixel Pro device with an AI focus

(Google) Google has unveiled two new smartphones – including what the tech giant’s calling its first flagship device. The Pixel 6 and Pro model both come with a Google-designed ‘Tensor’ ... Read more »

‘Carrot Top' video is going viral — but it's really Kathy Griffin topless

HEY BOYZZZZ pic.twitter.com/e2IPYIHJxt — Kathy Griffin (@kathygriffin) October 20, 2021 Kathy Griffin has the masses seeing red again. A now-viral video Griffin first shared with her 2 million followers is ... Read more »

10 Aktor yang Kini Sukses Jadi YouTuber, Eksis Berkarya!

© Disediakan oleh IDN Times Menekuni dunia YouTube memang cukup menjanjikan. Selain penyesuaian waktu yang lebih fleksibel, konten yang disajikan pun bisa disesuaikan sendiri. Saat ini, kalangan artis banyak yang ... Read more »

ByteDance IPO likely delayed to late 2022 and beyond amid regulatory uncertainties in China, sources say

ByteDance, owner of the popular short video app TikTok, may see its plan to go public postponed until late 2022, after regulatory hurdles in China are resolved, according to three ... Read more »

Facebook says it will pay French publishers for news content

FILE – In this March 29, 2018, file photo, the logo for Facebook appears on screens at the Nasdaq MarketSite in New York’s Times Square. Facebook says it has struck ... Read more »

Sally Rooney, Claire Keegan and Donal Skehan among Irish Book Awards nominees

© Alamy Stock Photo THE SHORTLIST HAS been unveiled for the An Post Irish Book Awards 2021, with a wealth of writers across the fiction, non-fiction and short story categories ... Read more »

Analyst who called bitcoin's rebound says ether could hit $10,000

Bitcoin exploded to a new all-time high Wednesday just one day after the first-ever bitcoin-linked exchange traded fund (ETF) started trading on the New York Stock Exchange. The ProShares Bitcoin ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic