moonz 5,379 Posted May 21, 2014 Share Posted May 21, 2014 According to the business reports sent to the Financial Supervisory Service from the big three entertainment companies of K-Pop, SM, YG, and JYP Entertainment, SM Entertainment came out on top with the most revenue last year. Last year, SM Entertainment made 270 billion won (~ $260 million USD), which is almost twice the revenue compared to two years prior in 2011, 140 billion won (~ $140 million USD). Meanwhile, YG made 120 billion won (~ $110 million USD), which is a 49% increase from 2011 when they posted revenue of 78 billion won (~ $76 million USD). JYP Entertainment came in last with 21 billion won (~ $21 million USD). One entertainment rep said, "These companies are establishing affiliates and more, all of which are great factors to their business, so it looks like the profit scale will continue to grow in the future." These three companies are influential to the point that some people say the whole broadcasting production process in itself would be difficult if there were no celebrities signed under one of three companies in the broadcasting world.Cr: Allkpop ------------------------------------- Last year only GD, seungri, make major comeback and Lee Hi with a debut , 2ne1,taeyang,top and psy only have singles, so what YG make is pretty amazing.I think if he did releases all he planned this year (EH,PSY,BIGBANG,Winner,New GG, Team B and Lee Hi(?)) , YG will easily twice this number.Why JYP revenue so low? I expect around 50-60 mil Link to comment Share on other sites More sharing options...
lalilo 670 Posted May 21, 2014 Share Posted May 21, 2014 YG Link to comment Share on other sites More sharing options...
HottestLeeJunho 295 Posted May 21, 2014 Share Posted May 21, 2014 JYP pays for his taxes. Link to comment Share on other sites More sharing options...
ajewcy 1,217 Posted May 21, 2014 Share Posted May 21, 2014 Why JYP revenue so low? I expect around 50-60 mil Miss A don't sell well. Suzy can only bring in so much. 2PM's Korean album didn't sell as well as they are used to, but their Japanese stuff did fairly well. Other than that they didn't really have much. Link to comment Share on other sites More sharing options...
feat. you 1,103 Posted May 21, 2014 Share Posted May 21, 2014 Why JYP revenue so low? I expect around 50-60 mil no wonder girls Link to comment Share on other sites More sharing options...
guava 6,874 Posted May 21, 2014 Share Posted May 21, 2014 get it but lol allkpop Link to comment Share on other sites More sharing options...
핵! 6,020 Posted May 21, 2014 Share Posted May 21, 2014 Last year only GD, seungri, make major comeback and Lee Hi with a debut , 2ne1,taeyang,top and psy only have singles, so what YG make is pretty amazing. Ehhh... music comeback plays a VERY little role in the overall revenue for a company. Photoshoots, endorsements, TV appearances, concerts and such plays a MUCH larger role than music comebacks. Link to comment Share on other sites More sharing options...
HottestLeeJunho 295 Posted May 21, 2014 Share Posted May 21, 2014 Miss A don't sell well. Suzy can only bring in so much. 2PM's Korean album didn't sell as well as they are used to, but their Japanese stuff did fairly well. Other than that they didn't really have much. huh? 2pm last album was their best selling album Link to comment Share on other sites More sharing options...
lyza 795 Posted May 21, 2014 Share Posted May 21, 2014 bigbang had a massive dome tour last year & gd had a tour also. that's why the revenue for yg is still high Link to comment Share on other sites More sharing options...
taemeans 1,966 Posted May 21, 2014 Share Posted May 21, 2014 Miss A don't sell well. Suzy can only bring in so much. 2PM's Korean album didn't sell as well as they are used to, but their Japanese stuff did fairly well. Other than that they didn't really have much. I'm pretty sure grown was 2PM's best selling album to date.. Link to comment Share on other sites More sharing options...
dmn 2,622 Posted May 21, 2014 Share Posted May 21, 2014 For anyone who finds this very confusing considering there was a similar report 1.5 months ago... This is what I wrote then about that article: The "journalist" writing this article is an incompetent idiot. First off, SM vs YG: The figures used are only for the parents companies, not the consolidated figures for the entire companies. When looking at the real figures (including for example SM Japan and Dream Maker Entertainment etc) the difference becomes MUCH bigger: Only parent company (as used by this journalist):SM: 164 billion won revenue 2013YG: 106 billion won revenue 2013 The real figures for the entire consolidated companies:SM: 269 billion won revenue 2013YG: 116 billion won revenue 2013 That is how much bigger SM actually is compared to YG. As for JYP:The old figure for 2010 10.2 is only for one of the 2 JYP companies. 2PM isn't included in that at all, they were in the other JYP company.The new figure of 17.8 for 2013 seems to be a messy number. It's difficult for me to properly understand what's written in their Korean financial report, but this figure seems to partly include some of the revenue from the second JYP company.The 2 JYP companies were merged into one in October 2013, and I don't fully understand what the 17.8 figure is supposed to be.The total revenue for the entire JYP group (both 2 companies combined) should be around 40 billion won off the top of my head. This new article is "correct" on SM and YG, but the figure for JYP is still messed up because the 21 billion mention in this article is not for the entire JYP company. JYP pays for his taxes. I don't think you understand how dumb your comment is. Companies pay tax on their profits. SM paid about $19 million USD in taxes in 2012 and another $23 million USD in taxes in 2013. JYP barely paid any taxes all since they barely made any profits. Link to comment Share on other sites More sharing options...
HottestLeeJunho 295 Posted May 21, 2014 Share Posted May 21, 2014 For anyone who finds this very confusing considering there was a similar report 1.5 months ago... This is what I wrote then about that article: This new article is "correct" on SM and YG, but the figure for JYP is still messed up because the 21 billion mention in this article is not for the entire JYP company. I don't think you understand how dumb your comment is. Companies pay tax on their profits. SM paid about $25 million in taxes in 2012 and another $25 million in taxes in 2013. JYP barely paid any taxes all since they barely made any profits. f#ck you and thank you for explaining Link to comment Share on other sites More sharing options...
bangminahs 192 Posted May 21, 2014 Share Posted May 21, 2014 Also, look at the source, it's allkpop. You guys still believe their "news"? Link to comment Share on other sites More sharing options...
ArseneLupin 4,475 Posted May 21, 2014 Share Posted May 21, 2014 JYP needs to release more hit songs, this is why their revenue is so low, the only reason they are still in the top 3 is because of how well known they are, there are companies which are becoming more successful than JYP Link to comment Share on other sites More sharing options...
YOONGI 6,021 Posted May 21, 2014 Share Posted May 21, 2014 Link to comment Share on other sites More sharing options...
핵! 6,020 Posted May 21, 2014 Share Posted May 21, 2014 Also, look at the source, it's allkpop. You guys still believe their "news"? ...? When it comes to rumors and such. Sure. doubt them. But it's kinda of hard to make up news like this.. lmao.. that's so stupid. Link to comment Share on other sites More sharing options...
Schitstainz 1,562 Posted May 21, 2014 Share Posted May 21, 2014 JYP pays for his taxes. The irony. Because he refused to pay his fines in NYC for many years. Not to mention his inhumane treatment of the Wonder Girls while in the US. Link to comment Share on other sites More sharing options...
Liz 1,936 Posted May 21, 2014 Share Posted May 21, 2014 Link to comment Share on other sites More sharing options...
CandyCane23049 44,319 Posted May 21, 2014 Share Posted May 21, 2014 I'm guessing JYPE true figures won't be revealed to after 2014. Link to comment Share on other sites More sharing options...
bangminahs 192 Posted May 21, 2014 Share Posted May 21, 2014 ...? When it comes to rumors and such. Sure. doubt them. But it's kinda of hard to make up news like this.. lmao.. that's so stupid. Are you calling me stupid? Link to comment Share on other sites More sharing options...
jakemanroe 112 Posted May 21, 2014 Share Posted May 21, 2014 Revenues alone doesn't reveal how well a company is doing. Net profits is the better indicator and what shareholders are really interested in Link to comment Share on other sites More sharing options...
핵! 6,020 Posted May 21, 2014 Share Posted May 21, 2014 Are you calling me stupid? Just that mentality. Link to comment Share on other sites More sharing options...
bangminahs 192 Posted May 21, 2014 Share Posted May 21, 2014 Just that mentality. LOL, alright Bart. Link to comment Share on other sites More sharing options...
RiseBrah 156 Posted May 21, 2014 Share Posted May 21, 2014 Revenue is only one side of the story, SM's net profit was only $3 million higher than YG's so that means they had a high as fuck expenditure too. Sauce: http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=122870:KS&dataset=incomeStatement&period=A¤cy=US%20Dollar http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=041510:KS&dataset=incomeStatement&period=A¤cy=US%20Dollar Link to comment Share on other sites More sharing options...
Lirrel 761 Posted May 21, 2014 Share Posted May 21, 2014 bigbang had a massive dome tour last year & gd had a tour also. that's why the revenue for yg is still high YG making all that money with just Big Bang... Link to comment Share on other sites More sharing options...
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