Several of the foremost music ranking charts in Korea have announced a change to their track ranking formulas.

The daily chart, previously measured every day at midnight and continuing for 24 hours, will now be refreshed at noon instead. Thus, artists will be at an advantage if they release their songs closer to noon from now on.

Sites such as Melon and Mnet will apply these changes starting on the 14th. "Starting on August 14th, 2012, the Melon Chart will begin updating at a new hour. The daily chart update will start on the 14th, while the weekly chart will change beginning on the 20th." Melon said.

The weekly chart originally refreshed on Sunday night at 12:00 AM. After the changes, the weekly chart will refresh on Monday at 12:00 noon. This is expected to reduce the number of artists releasing tracks on Sunday.

The Melon top 100 chart will go through some changes, as well. Originally updated at 6:30 AM, it will now change to 2:00 PM. The weekly top 100 chart will go from being updated on Mondays at 8:00 AM to 2:00 PM on the same day.

The changes were designed to make it easier to maintain the chart and to help distributing companies, said Bang Ji Yeon, a project leader for LOEN Entertainment, a major distributor in the K-Pop field. "Since 12:00 noon falls within traditional operating hours and people are in the office, it is easier to deal with system problems and mistakes," she said.

Also, it makes it significantly easier for entertainment companies to relay album info to the distributor. When the charts refreshed at midnight, the entertainment companies would have to deliver the information at least a day in advance. With the change in schedule, however, that time can be cut down to 3-4 hours.

What do you think of the music chart changes?

Source: Money Today

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