An absence of major artist activities caused revenue at K-pop company JYP Entertainment to fall 36.9% to 95.7 billion won ($69.8 million) from the same period a year ago, the company announced Tuesday (Aug. 13). Although JYP saw gains from global streaming, album sales declined 82% to 13.6 billion won ($9.9 million), and albums’ share of the overall revenue mix declined to 14% from 49%. That led to a 51% drop in revenue in JYP’s home market of South Korea. Elsewhere, Japan dropped just 7% while China, a relatively small part of the company’s overall business, improved 5%. All other markets dropped 32% to 29.7 billi
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