Netizens compare the profits of JYP, SM, Big Hit, and YG in 2019
A popular online community post exhibiting the 2019 gross sales and earnings from the largest Ok-pop labels has gained consideration and sparked netizen dialogue.
The publish lists the earnings in 2019 from South Korea’s greatest labels similar to YG Leisure, SM Leisure, JYP Leisure, and Massive Hit Leisure. Though there have been previously the highly effective ‘Massive 3’ labels, Massive Hit’s immense rise because of BTS‘s recognition has allowed them to be included for the brand new ‘Massive 4’.
The publish reads as follows:
COPYRIGHT_BP: Published on https://bingepost.com/netizens-compare-the-profits-of-jyp-sm-big-hit-and-yg-in-2019/59516/ by Cecilia Jones on 2020-03-12T17:35:52.000Z
SM: 658 billion KRW (543 million USD)Massive Hit: 588 billion KRW (485 million USD)YG: 265 billion KRW (218 million USD)JYP: 155 billion KRW (128 million USD)
Massive Hit: 98 billion KRW (80.1million USD)JYP: 43 billion KRW (35.5 million USD)SM: 40 billion KRW (28 million USD)YG: 2 billion KRW (1.6 million USD)
Since Massive Hit Leisure is a non-public firm, they did not launch their internet revenue however they’re estimated to have the very best revenue in 2019 adopted by JYP, SM, and YG.
Massive Hit: 79 billion KRW (65.2 million USD) – RevenueJYP: 32 billion KRW (26.Four million USD) – RevenueSM: 16 billion KRW (13.2 million USD) – DeficitYG: 25 billion KRW (20.6 million USD) – Deficit
Total, Massive Hit surpassed lots of the different labels by a really massive margin in all areas apart from gross sales during which they trailed SM by a small margin. Nevertheless, SM and YG took deficits of their revenue statements. Though JYP’s gross sales had been the bottom of the Massive 4, their internet earnings had been the second-highest that means they run a really environment friendly enterprise.
“How is SM at a deficit?”
“I am unable to imagine simply BTS introduced in 79 billion KRW in revenue.”
“I am amazed at BTS.”
“It is no shock that YG is at a deficit however why SM?”
“JYP is superb in enterprise. Low gross sales however excessive earnings.”
What do you consider these numbers?