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Do you think Gfriend is now richer than when they were trendiest?


YeoChin Fairies

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They didn't get paid until 2017 because of the debt.

 

However forgetting about the debt,do you think they are earning more now in comparison to when they were trendiest gg out there alongside twice?

 

2016: excellent charting,2 national hits,perfect all kill,most award winning gg of the year,albums didn't sell too much,ggs with no hits these days outsell gf 2016 physically. No concerts.

 

 

2019: average charting,less awards (only 1 week sweep), 91k+ album sales on way to 100k, Japan activities, Bloom Japan tour, Go Go Gfriend Asia tour. The stadiums that they are filling have shockingly high number of seats. Kuala Lumpur stadium has 13K seats,it's a stadium that only big 3 groups have performed there so far. 15k seats for Taipei as well.

 

It sounds they are earning much more now to me? Either way I hope the agency gives them decent amount of money and doesnt take it all.

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Given that singers make more money from touring than most other things, I wouldn't be shocked if they are making more now.

 

Didn't know they didn't pay off debts until 2017 though, even with how successful 2016 was for them. Makes you wonder about struggling groups.

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Given that singers make more money from touring than most other things, I wouldn't be shocked if they are making more now.

 

Didn't know they didn't pay off debts until 2017 though, even with how successful 2016 was for them. Makes you wonder about struggling groups.

Ikr,Gfriend and mamamoo both paid their debt off pretty late,knowing they were releasing hits. Makes me question how some groups even keep releasing music despite underperforming.
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definitely since the started touring

Hit songs themselves don't generate much income it's the bookings of performances that come with them 

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Yes for sure, they never had many CF's either way so taking that out and the fact that simply put Touring destroys CF's in earnings. 

 

Gfriend have more shows and bigger album sales while they have slipped digitally, does that matter when digital doesn't pay shit. 

 

I mean as far as I know YT and Spotify(both pay complete ass) but probably more than MelOn any way. I would say I am 100% sure Gfriend make more now. 

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I think so, their CEO also seems nice (source music in general seem like a family)? I mean the gfriend members facetime him, brag about the TV he bought them lol, he is even sometimes there with their schedules and didn't he sell everything he owned and bet it on gfriend? like he really risked everything for them so nowonder the debt was huge, but I'm sure he is repaying them. 

 

He looks really young: 

https://www.youtube.com/watch?v=Wm9OMlPngIU

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Although something I think we forget is the money that goes into releasing an album. They've released 2 full albums so far and have a Japanese one coming out this year. Lots of girl groups will be lucky to get that 2nd album.

Either it's a debt they'll have to recoup or they're bringing in a lot of money. Some of the songs on their albums are years old so I imagine they had a lot to recoup during their debut, with their training and all the other costs.

 

Source's studios look a lot nicer now, that's for sure.

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Ikr,Gfriend and mamamoo both paid their debt off pretty late,knowing they were releasing hits. Makes me question how some groups even keep releasing music despite underperforming.

 

i would not consider mamamoo to be a group late to pay off their debts tho when in fact they're one of the fastest in the gg game loll

it reportedly took mamamoo about 1 year and 8 months to break even, which was only 8 months after um oh ah yeh was released.  meaning all the time they spent performing at festivals in the latter half of 2015 pretty much helped them pay off all their debts, considering they were about to disband before uoay.  i would not say that is 'late' at all lol

 

now an actual gg who released many hits but paid off their debt late is aoa, who didn't get their first paycheck until 4 years after their debut.  so i'm not too sure where you're getting your information from lol

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How do they regulate this debt thing?  They sound like they are being taken advantage of, do the groups have seperate lawyers who can actually make sure that the money they make is going striaght to the debt and not being pocketed by the CEO?

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