MP-Age Hits ₩4.7 Billion 2024 Sales, 70% Overseas

MPAG Achieves Historic Performance in 2024! Stands Tall as a Leader in the Global Digital Sheet Music Market. MPAG, a global digital sheet music platform operator, recorded annual sales of 4.7 billion KRW in 2024, breaking its highest performance since its establishment. This figure, representing a 38% growth compared to the previous year, demonstrates MPAG's remarkable growth, with operating profit also exceeding 600 million KRW, solidifying its consecutive two-year surplus. Particularly noteworthy is the fact that approximately 70% of the total sales were generated from overseas platforms. Strong growth in the US and Japanese markets clearly demonstrates that MPAG's global business model has successfully established itself. MPAG provides a creative environment through its three major platforms – MyMusicSheet (global), Kokoro to Musician (Japan), and Maemaneun Pianist (Korea) – where music creators can freely produce and sell sheet music. Jeong In-seo, CEO of MPAG, stated, "This is the result of the efforts of our multinational team, equipped with expertise in various fields such as technology, global operations, copyright, and content," and expressed his ambition, "Moving forward, based on the trust in our platforms, we will continue to innovate for both global music creators and users, further solidifying our position in the market." MPAG's growth extends beyond mere revenue increase, positively impacting the entire music industry ecosystem. Last year alone, approximately 2,000 new creators joined, bringing the cumulative total to over 10,000 global music creators active on the platform. The majority of these are small-scale artists, who have secured a new revenue stream through digital sheet music sales, enabling them to continue stable creative activities. Currently, MPAG's platforms support 20 languages and over 50 local currency payment options, and boast over 4 million members worldwide. Top-tier technological capabilities, including content protection and copyright management, are the core driving force behind their leadership in the global digital sheet music platform market. Aiming for 'a service where everyone can enjoy music,' MPAG is actively contributing to the creation of social and cultural value by supporting small-scale artists. With its headquarters in Seoul and a local office in Tokyo, Japan, it is expanding its influence on the global stage.