Recently income divisions for all the major agencies were revealed.
SM
Contract years: 7
Physical sales: Company (95), Artist (5)
Physical sales renewed: Company (90), Artist (10)
Events: Company (60), Artist (40)
Overseas promotions: Company (30), Artist (70)
Note: Divides income even if they didn’t reach break-even point
YG
Contract years: 5
Physical sales: Company (50), Artist (50)
Physical sales renewed: Company (30), Artist (70)
Events: Company (40), Artist (60)
Overseas promotions: Company (50), Artist (50)
Note: Divides income even if they didn’t reach break-even point
JYP
Contract years: 7
Physical sales: Company (50), Artist (50)
Physical sales renewed: Company (50), Artist (50)
Events: Company (60), Artist (40)
Overseas promotions: Company (50), Artist (50)
Note: Divides income even if they didn’t reach break-even point
FNC
Contract years: 7
Physical sales: Company (70), Artist (30)
Physical sales renewed: Company (50), Artist (50)
Events: Company (60), Artist (40)
Overseas promotions: Company (50), Artist (50)
Note: Doesn’t divide income if they didn’t reach break-even point
DSP
Contract years: 5
Physical sales: Company (50), Artist (50)
Physical sales renewed: Company (50), Artist (50)
Events: Company (50), Artist (50)
Overseas promotions: Company (50), Artist (50)
Note: Divides income even if they didn’t reach break-even point
JYP, FNC and DSP’s divisions are as I would expect things to be, but YG and SM were the real shockers. Basically, YG is the place to be if you’re and artist while if you’re at SM…you’re screwed, particularly if you’re a group like f(x) who barely do overseas promotions.
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Hello. This is a shame! Because I really like the group F(x)! 😦
It really is, clearly the law wasn’t thorough enough