Netter Commenting on the Benefits of K-Pop Agencies with Idol, SM Is Saying Robber - Sharing the Benefits of K-Pop Agencies with Their Idols Become the Spotlight of the Netter.
A post on the online community site Pann contains a table of profit sharing between K-Pop agencies and idols who are under their care. The difference between agencies with one another invites attention.
SM Entertainment takes 95 percent profit for physical album sales, 90 percent for reprinted physical albums, 60 percent for gig shows (for example at universities) and 30 percent for promotional activities abroad.
While YG and JYP Entertainment took 50 percent profit for physical album sales, 30 percent for reprinted physical albums and 50 percent for overseas promotional activities. But YG and JYP each took 40 and 60 percent for the honorarium for the gig.
On the other hand, BigHit Entertainment takes 50 percent profit for physical album sales, 30 percent for reprinted physical albums, 50 percent for gig shows (eg at universities) and 30 percent for promotional activities abroad. The table also includes profit sharing from Pledis, Cube, FNC and Starship Entertainment.
"SM is really a robbery," commented Netter. "What's with SM ..." said the other netter. "There are no 10 legal cases of artists coming out of SM. SM artists who still survive in the agency are also bad-mouthing them," said another.
"Cube and Pledis take a lot compared to the work they do," said Netter. "Most idols in Cube and Pledis write their own music. So why do agencies take that much? They don't need to buy songs," added another.
On the other hand, the table that is being discussed by the netter itself cannot be considered as up-to-date information, considering that the uploader listed on the credit only adds information on profit sharing at BigHit. While the numbers listed on other agencies are still in doubt.
For example, the sharing of SM's profits in the table is a rule long before JYJ demanded to leave the agency in 2009. BC itself is believed to have imposed better rules on its artists after JYJ's lawsuits. The artists who carry out contract updates like TVXQ, Super Junior, Girls' Generation and SHINee must also get contracts that are more profitable for them compared to the juniors.
Sources: wowkeren.com
A post on the online community site Pann contains a table of profit sharing between K-Pop agencies and idols who are under their care. The difference between agencies with one another invites attention.
SM Entertainment takes 95 percent profit for physical album sales, 90 percent for reprinted physical albums, 60 percent for gig shows (for example at universities) and 30 percent for promotional activities abroad.
While YG and JYP Entertainment took 50 percent profit for physical album sales, 30 percent for reprinted physical albums and 50 percent for overseas promotional activities. But YG and JYP each took 40 and 60 percent for the honorarium for the gig.
On the other hand, BigHit Entertainment takes 50 percent profit for physical album sales, 30 percent for reprinted physical albums, 50 percent for gig shows (eg at universities) and 30 percent for promotional activities abroad. The table also includes profit sharing from Pledis, Cube, FNC and Starship Entertainment.
"SM is really a robbery," commented Netter. "What's with SM ..." said the other netter. "There are no 10 legal cases of artists coming out of SM. SM artists who still survive in the agency are also bad-mouthing them," said another.
"Cube and Pledis take a lot compared to the work they do," said Netter. "Most idols in Cube and Pledis write their own music. So why do agencies take that much? They don't need to buy songs," added another.
On the other hand, the table that is being discussed by the netter itself cannot be considered as up-to-date information, considering that the uploader listed on the credit only adds information on profit sharing at BigHit. While the numbers listed on other agencies are still in doubt.
For example, the sharing of SM's profits in the table is a rule long before JYJ demanded to leave the agency in 2009. BC itself is believed to have imposed better rules on its artists after JYJ's lawsuits. The artists who carry out contract updates like TVXQ, Super Junior, Girls' Generation and SHINee must also get contracts that are more profitable for them compared to the juniors.
Sources: wowkeren.com
