Big news here is regarding the planned release of a NEW digital single for IU!
In the 2nd quarter, IU, Sistar and other LOEN star singers will begin their promotions. A new boygroup will be debuting, too.
Q&A with LOEN representative:
Q. Your operating profits in the 1st quarter fell short of expectations. Why is that so?
A. A large share of our profits come from Melon and our content production side (album production, distribution, etc.). For Melon, more discounts and promotions increased both our revenue and operating profits.
Our content production side didn't do as well as IU, Sistar and...
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