[theqoo] ONG SEONGWU, EARNED 7.3 BILLION WON IN 3 YEARS... EARNED 3 BILLION LAST YEAR ONLY

[satoori]

[theqoo] ONG SEONGWU, EARNED 7.3 BILLION WON IN 3 YEARS... EARNED 3 BILLION LAST YEAR ONLY

On March 29, Fantagio Entertainment released a securities report that showed that ASTRO, Ong Seong Wu, and ASTRO’s Cha Eun Woo were their highest earners.

According to the report, Ong Seong Wu brought in a total of 7.308 billion won (about $6.45 million) in profits from 2018 to 2020, while Cha Eun Woo brought in a total of 6.458 billion won (about $5.7 million).

Ong Seong Wu, who made his debut in the project group Wanna One, achieved sales records of 1.44 billion won (about $1.271 million) in 2018, 3.125 billion won (about $2.76 million) in 2019, and 3.043 billion won (about $2.685 million) in 2020. In 2020, he released his first solo album “LAYERS” and took on his first rom-com role in the JTBC drama “More Than Friends.”

Cha Eun Woo achieved sales records of 1.378 billion won (about $1.216 million) in 2018, 2.504 billion won (about $2.21 million) in 2019, and 2.576 billion won (about $2.273 million) in 2020. He made his official debut with ASTRO in 2016 and has been active as an actor for several years, appearing in at least one project per year. He made waves with his role in the tvN drama “True Beauty” in 2020 and is currently a fixed member on the SBS variety show “Master in the House.”

Fantagio’s greatest source of revenue is ASTRO, who achieved sales records of 4.116 billion won in 2018, 6.423 billion won in 2019, and 6.314 billion won in 2020. In 2020, ASTRO made up 38 percent of the agency’s sales revenue.

According to the securities report, the ASTRO members’ contract will last until February 2023, while Ong Seong Wu’s goes until August 2024. Fantagio’s girl group Weki Meki’s contract is set to last until August 2024 as well. The report also stated that there are currently 50 artists and trainees signed under exclusive contracts with the agency, with about 31 of those artists having currently debuted. There are no artists whose contracts are set to expire within a year of the report’s release.

original post: here

1. Rich 

2. Ong, let's only walk on the money path! Fighting!

3. What's up with the hatersㅋㅋㅋ I wish both of them to do well

4. Wow, 7.3 billion... 7.3... I also want to earn this much money...

5. Ong Seongwu has been promoting non-stop ever since Wanna One. It's not because we don't see him that he isn't working. He's shooting a movie right now. Anyways, Ong Seongwu, hit even bigger

6. Ong is likable so it's good to see that he's making money

7. So these two are from the same company huh.. but he seriously didn't make more than this with Wanna One?

8. I seriously hate these kind of TMI articles but I hope that Ong hits bigger from now on, fighting

9. Wow Ong Seongwu is earning a lot. I felt like he's not that popular (ever since he started his personal activities) but I hope he hits bigger!

10. Ong Seongwu went on Produce after 8 months of training so he doesn't really have any investment money to pay back

11. Actors make way more money

12. Ong Seongwu has been promoting non-stop up until now. Why are you insinuating that he's been fooling around just because you don't see him? So many kids with inferiority complex

13. Just because you don't see him means that he's been playing around? TV isn't the only place for you to appear on? These comments are so cheap

14. Isn't ASTRO's fandom pretty small? At this point, their fandom is considered big no? CR.

 

[Taecoholic]

They bring so much money, but how much do they get themselves?

[juniordud]

10 minutes ago, Taecoholic said:

They bring so much money, but how much do they get themselves?

Fantagio was one of the companies that sided with the Ftc (Fair Trade commission of South Korea) to abolish slave contracts and regulated the pay of the actors and idols. That's how they got a big roaster to begin with.

 

Now everything could have changed since the change of ownership. But they are one of the companies with the least amount of scandal when it comes to money or treatments of their acts.

[Hizu]

1 hour ago, satoori said:

but he seriously didn't make more than this with Wanna One?

Lmao, I thought we knew by now that idols don't really make that much money, especially in big groups, and who knows how much CJ kept.