blckp 883 Posted September 23, 2014 Share Posted September 23, 2014 Instiz: Infinite's earnings this year? According to SM C&C, Woolim's last year earnings were 11.7 billion won. This year's predicted earnings are 12.5 billion won and the next year is 13.5 billion won.Infinite takes up 88% of Woolim's total earnings. Infinite earned 10.3 billion won last year and predictedly 10.7 billion won this year.The main sources of Infinite's earnings are overseas fan meetings and overseas concerts. 37.8% of their earnings were overseas earnings.24.2% (25 billion won) come from events and concerts. Their album sales were 22 billion won and the digital sales were 0.4 billion won.The earnings from their CFs were 1 billion. This year's predicted earning is 0.7 billion.In 2010, each member took 48,000,000 won. Last year, each member took 0.6 billion won.Their earnings are predicted to decrease in 2017. Their predicted earning in 2016 is 10.9 billion won and 5.3 billion won in 2017=====- Woolim pays their artists properly. They're a great company for singers- Infinite grew up a lot ã… ã… I'm sure $100 of the earnings is from me- I'll still be fangirling in 2017- There should be more companies like Woolim Link to comment Share on other sites More sharing options...
alllysone 3,343 Posted September 23, 2014 Share Posted September 23, 2014 - Woolim pays their artists properly. They're a great company for singers Wow I am pleasantly surprised that Infinite takes 88% of the earnings. Link to comment Share on other sites More sharing options...
Minju 1,046 Posted September 23, 2014 Share Posted September 23, 2014 At first I read EARRINGS and I was so confused while reading the article omg Link to comment Share on other sites More sharing options...
✨ Ass Fat ✨ 9,598 Posted September 23, 2014 Share Posted September 23, 2014 - I'll still be fangirling in 2017 same netizen same Link to comment Share on other sites More sharing options...
minoseungyoon 403 Posted September 23, 2014 Share Posted September 23, 2014 wow! woolim is such a good company.... earn that wons infinite! Link to comment Share on other sites More sharing options...
blckp 883 Posted September 23, 2014 Author Share Posted September 23, 2014 woolim...> Link to comment Share on other sites More sharing options...
lepidoptery 2,917 Posted September 23, 2014 Share Posted September 23, 2014 Wow I am pleasantly surprised that Infinite takes 88% of the earnings. Infinite's cut is not 88% of earnings. They mean that Infinite generates 88% of earnings for the company. In 2013, Woollim earned 11.7B, Infinite earning 10.3B of that. 10.3/11.7*100%=88%. In 2014, Woollim is predicted to earn 12.5B, Infinite generating 10.7B of that, so 10.7/12.5*100%=85.6%. What Infinite's cut is: in 2013, each member took home .6B. So (7members*.6B/10.3B)*100%=40.8%. EDIT: 48M KRW per member in their debut year really is not bad at all... of course I don't think there was a real point that they weren't doing well. Link to comment Share on other sites More sharing options...
momma 786 Posted September 23, 2014 Share Posted September 23, 2014 Infinite takes up 88% of Woolim's total earnings. Er, I am confused. People seem to take this to mean that Woolim is paying Infinite 88% of earnings, but I read that to mean that of all Woolim's artists, Infinite produces 88% of Woolim's total income. Link to comment Share on other sites More sharing options...
alllysone 3,343 Posted September 23, 2014 Share Posted September 23, 2014 Infinite's cut is not 88% of earnings. They mean that Infinite generates 88% of earnings for the company. In 2013, Woollim earned 11.7B, Infinite earning 10.3B of that. 10.3/11.7*100%=88%. In 2014, Woollim is predicted to earn 12.5B, Infinite generating 10.7B of that, so 10.7/12.5*100%=85.6%. What Infinite's cut is: in 2013, each member took home .6B. So (7members*.6B/10.3B)*100%=40.8%. EDIT: 48M KRW per member in their debut year really is not bad at all... of course I don't think there was a real point that they weren't doing well. oh..okay got it! Thanks. The phrasing was a little misleading. Link to comment Share on other sites More sharing options...
25%Cotton 7,133 Posted September 23, 2014 Share Posted September 23, 2014 - There should be more companies like Woolim;^; this. the ceo also seems to be on friendly terms with the members and they are also a lgbt-supportive company (judging from music videos and some of the projects various artists have joined) Link to comment Share on other sites More sharing options...
lepidoptery 2,917 Posted September 23, 2014 Share Posted September 23, 2014 Er, I am confused. People seem to take this to mean that Woolim is paying Infinite 88% of earnings, but I read that to mean that of all Woolim's artists, Infinite produces 88% of Woolim's total income. That's what it is... but only one person (either here or in the knetz comments) has actually explicitly said they took it that way. .6B KRW per member is still making a very good living. Link to comment Share on other sites More sharing options...
sane 16,342 Posted September 23, 2014 Share Posted September 23, 2014 For some reason I was sure the title said "earrings". I opened the page, scrolled down and saw "Infinite takes up 88% of Woolim's total earrings" and thought "do they really wear that many earrings? What?" Link to comment Share on other sites More sharing options...
Taelent 9,485 Posted September 23, 2014 Share Posted September 23, 2014 Does information like this ever get disclosed for other companies (namely the Big3)? Link to comment Share on other sites More sharing options...
AdzPower 3,385 Posted September 23, 2014 Share Posted September 23, 2014 Geez if that's how much Infinite earns then how much must bigger groups earn? #Loaded Link to comment Share on other sites More sharing options...
lemonfag 24 Posted September 23, 2014 Share Posted September 23, 2014 Their earnings are predicted to decrease in 2017. Their predicted earning in 2016 is 10.9 billion won and 5.3 billion won in 2017 10.9 billion won to 5.3 billion won in one year?? Link to comment Share on other sites More sharing options...
Danshing Machine 207 Posted September 23, 2014 Share Posted September 23, 2014 How much did each members earns in dollars? Link to comment Share on other sites More sharing options...
sunggyuluver 6,762 Posted September 23, 2014 Share Posted September 23, 2014 At first I read EARRINGS and I was so confused while reading the article omg Kinda same for me When I saw the title I was thinking why is their earrings getting this much attention. Link to comment Share on other sites More sharing options...
ShineeBabe 500 Posted September 23, 2014 Share Posted September 23, 2014 did each member took home last year 5 million dollars???? woahhh...... Link to comment Share on other sites More sharing options...
개털 91 Posted September 23, 2014 Share Posted September 23, 2014 In addition to the clarification before, we don't know if 0.6 billion won is a decent percentage for 2010 (they didn't say what they earned in 2010) nor if it was distributed between the members, nor if it is gross income or if anything is taxed (forgive me, I have no idea if income is taxed in Korea in the same way as the US). Who suddenly decided to release this info? lol We don't even know if the figures were reported accurately. A "cover your ass" move, maybe? Edit: nvm, I read it meant 0.6 bill for each member. Still though... Link to comment Share on other sites More sharing options...
Lirrel 761 Posted September 23, 2014 Share Posted September 23, 2014 did each member took home last year 5 million dollars???? woahhh...... It's .6 billion krw which is 600 million krw and that is equivalent to $576k and not $5 million... Link to comment Share on other sites More sharing options...
개털 91 Posted September 23, 2014 Share Posted September 23, 2014 It's .6 billion krw which is 600 million krw and that is equivalent to $576k and not $5 million... And considering standard cost of living, that may not be that much... Link to comment Share on other sites More sharing options...
lepidoptery 2,917 Posted September 23, 2014 Share Posted September 23, 2014 10.9 billion won to 5.3 billion won in one year?? Hm, in 2017 Sunggyu will be... 28. Perhaps he plans to enlist at that point, so it's not merely an extrapolated decline in earning power or whatever. Or maybe they have 7-year contracts and they're not assuming everyone will renew (though I don't see why they wouldn't) so they're not counting on it; they debuted June 9, so if they're not assuming there will be any decline in popularity/earning power then 5.3B is basically half a year in earnings. Link to comment Share on other sites More sharing options...
dopamine 4,805 Posted September 23, 2014 Share Posted September 23, 2014 And considering standard cost of living, that may not be that much... That is a lot of money actually. The members have already bought their families houses and cars with their earnings. For comparison's sake, here's an article from last August that goes into Infinite's earning's and compares them to 2PM's. As we know 2PM earn quite a lot of money for an idol group, and apparently if you take away 2PM's advertising and acting revenue, Infinite's earning's and 2PM's are very similar. http://www.kpopstarz.com/articles/37963/20130816/infinite-member-earning-how-much-do-they-make.htm Link to comment Share on other sites More sharing options...
개털 91 Posted September 23, 2014 Share Posted September 23, 2014 That is a lot of money actually. The members have already bought their families houses and cars with their earnings. For comparison's sake, here's an article from last August that goes into Infinite's earning's and compares them to 2PM's. As we know 2PM earn quite a lot of money for an idol group, and apparently if you take away 2PM's advertising and acting revenue, Infinite's earning's and 2PM's are very similar. http://www.kpopstarz.com/articles/37963/20130816/infinite-member-earning-how-much-do-they-make.htm Cars and homes can be bought with credit/loans though. Not even wealthy people pay off these purchases in full (sometimes it's better when you don't). That's why you hear about wealthy people losing their houses in a downturn. You can't "lose" a purchase that is paid off in full. I guess it just seems really suspicious to me that this came out after the ZEA thing lol. Link to comment Share on other sites More sharing options...
lepidoptery 2,917 Posted September 23, 2014 Share Posted September 23, 2014 And considering standard cost of living, that may not be that much... That's bullshit. Seoul can be expensive but if they're in poverty after earning over half a million dollars in a year, even if it's before taxes, they'd have to be idiots. It's like this whining: http://www.dailykos.com/story/2014/09/10/1328621/-The-Wall-Street-Journal-cries-about-the-poverty-of-making-400-000-a-year Link to comment Share on other sites More sharing options...
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