Affiliation:
1. Graduate School of Culture Technology and BK21 Plus Programme for Content Science, Korea Advanced Institute of Science & Technology, Daejeon 34141, Republic of Korea
2. Sainsbury Laboratory, University of Cambridge, CB4 1YE, UK
Abstract
In the modern era where highly-commodified cultural products compete heavily for mass consumption, finding the principles behind the complex process of how successful, “hit” products emerge remains a vital scientific goal that requires an interdisciplinary approach. Here, we present a framework for tracing the cycle of prosperity-and-decline of a product to find insights into influential and potent factors that determine its success. As a rapid, high-throughput indicator of the preference of the public, popularity charts have emerged as a useful information source for finding the market performance patterns of products over time, which we call the on-chart life trajectories that show how the products enter the chart, fare inside it, and eventually exit from it. We propose quantitative parameters to characterize a life trajectory, and analyze a large-scale data set of nearly 7,000 songs from Gaon Chart, a major weekly Korean Pop (K-Pop) chart that covers a span of six years. We find that a significant role is played by nonmusical extrinsic factors such as the established fan base of the artist and the might of production companies in the on-chart success of songs, strongly indicative of the commodified nature of modern cultural products. We also review a possible mathematical model of this phenomenon, and discuss several nontrivial yet intriguing trajectories that we call the “Late Bloomers” and the “Re-entrants” that appear to be strongly driven by serendipitous exposure on mass media and the changes of seasons.
Funder
National Research Foundation of Korea
National Research Foundation of Korea (KR)
Ministry of Science, ICT and Future Planning (KR)
BK21 Plus Postgraduate Organization for Content Science
Publisher
World Scientific Pub Co Pte Lt
Subject
Control and Systems Engineering
Cited by
6 articles.
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