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JYPE FINALLY Does Something Smart and Merges Their Stocks

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Taecmetothefloor Global Superstar

Taecmetothefloor

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JYP Entertainment Corporation to Merge with JYP Corporation

JYP Entertainment Corporation announced that it has decided to merge with JYP Corporation, which is mainly engaged in the production and distribution of records and music products, to improve managerial efficiency and improve financial structure. After the merger, the Company will survive and JYP Corporation will be dissolved. The exchange ratio of JYP Corporation and JYP Entertainment Corporation is 1:3.7697551 and the merger effective date is November 15, 2013.

Credit reuters



JYP Ent. soars on merger plan

Shares of KOSDAQ-listed JYP Entertainment soared 15 percent to 5,720 won Thursday after it announced a plan to absorb its unlisted company JYP.

The merger is scheduled to be completed by November 18. Park Jin-young, the majority shareholder of JYP Entertainment and a singer and four member Chinese-Korean girl group Miss A are managed by JYP Entertainment, while girl group Wonder Girls and boy band 2PM managed by JYP.

Credit news.mk.co.kr


 

Earnings For the First Half of 2013

 

With the announcement of a merger between listed company JYP Entertainment and unlisted company (not listed on stock market exchange) JYP, detailed information regarding the earnings of JYP Entertainment artists were revealed for the stock holders.

 

Wonder-Girls_1371904838_20130622_jypchar


The charts provided revealed that 2PM is the agency's top earning artist this year, not surprisingly, bringing in sales of 11.57 billion KRW ($10 million - in USD) for the first half of 2013. 2AM was next with 2.17 billion KRW ($1.88 million), then Wonder Girls with 1.35 billion KRW ($1.17 million), and JJ Project with 1.25 billion KRW ($1.08 million). [Note: the numbers listed on the chart you see above goes by a unit of 1000].

 

When taking out the expenses and costs for music video production, marketing, promotions, dorms, education and training, and more, 2PM's profit includes royalties of 1.078 billion KRW from album sales, 6.619 billion KRW from management sales, and 56 million KRW from contents sales (endorsements, ads, etc.). With a total of 7.753 billion KRW ($6.7 million), this works out to be about 1.292 billion KRW ($1.12 million) in profit per member.

 

For 2AM, the total works out to be 1.969 billion KRW ($1.7 million). Royalties from album sales are about 925 million KRW, while royalties from contents sales are about 1.044 billion KRW. Since there are 4 members, it works out to be about 492 million KRW ($426,000) per member.

 

After taking out the basic expenses for Wonder Girls, their profit was 295 million KRW ($255,000) with 284 million KRW from album sale royalties and 11 million KRW from contents royalties. This amounts to around 59 million KRW ($51,000) per member.

JJ Project did not record any royalties for this year.

 

Wonder-Girls_1371885277_20130622_jypente

Another interesting fact to note is that with the merger, J.Y. Park has become the biggest shareholder of JYP Entertainment with 16.94%.

 

Wonder-Girls_1371885277_20130622_jypente

 

As for the expected earnings for 2014, they expect 2PM's total sales (excluding expenses) to be 21 billion KRW ($18.2 million), 2AM's to be 1.9 billion KRW ($1.6 million), Wonder Girls' to be 490 million KRW ($424,000), and JJ Project's to be 8.3 billion KRW ($7.2 million) – meaning 2PM and JJ Project's sales are expected to increase, while 2AM and Wonder Girls' decrease, which gives you a rough idea of the amount of activities each group may have next year.

 

cr: AKP

It's about time they did this tbh. Let's hope someone at JYPE is finally waking up and take care of business.

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Taecmetothefloor Global Superstar

Taecmetothefloor

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I dun understand it :C

basically...everyone and everything will be under one company included in the stock exchange rather than have half of them in the private sector and half of them in the public sector..at least that's how i think it works

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Taecmetothefloor Global Superstar

Taecmetothefloor

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so.... JYPE and JYP are finally one?? 

 

*Insert Angel chorus here*

 

Hope the marketing team work harder this time and make a good publicity for the groups  :donthinkso:

or hope they threw out the old one for one that can actually do their jobs properly

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Taecmetothefloor Global Superstar

Taecmetothefloor

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thanks i'll add them to the op

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cowgirlbebop Superstar

cowgirlbebop

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I have no idea on what stocks, bonds, margining cause but hopefully this means the artists will be managed better and given better songs

Unfortunately the merger has nothing to do with artist management, song selection, or how well they promote their artists. It will only show up in how their internal management (not artist management) and financial operations are handled.

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Aya Sama Global Superstar

Aya Sama

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JYP Entertainment Corporation to Merge with JYP Corporation

 

JYP Entertainment Corporation announced that it has decided to merge with JYP Corporation, which is mainly engaged in the production and distribution of records and music products, to improve managerial efficiency and improve financial structure. After the merger, the Company will survive and JYP Corporation will be dissolved. The exchange ratio of JYP Corporation and JYP Entertainment Corporation is 1:3.7697551 and the merger effective date is November 15, 2013.

 

Credit reuters

 

 

 

 

JYP Ent. soars on merger plan

Shares of KOSDAQ-listed JYP Entertainment soared 15 percent to 5,720 won Thursday after it announced a plan to absorb its unlisted company JYP.

 

The merger is scheduled to be completed by November 18. Park Jin-young, the majority shareholder of JYP Entertainment and a singer and four member Chinese-Korean girl group Miss A are managed by JYP Entertainment, while girl group Wonder Girls and boy band 2PM managed by JYP.

 

Credit news.mk.co.kr

 

 

It's about time they did this tbh. Let's hope someone at JYPE is finally waking up and take care of business.

 

 

 

iirc, preJ.tunes JYP wasnt the majority shareholder of JYPE.[if he was he had an extremely small share]. When he bought J.tunes, he became the director and majority shareholder. Now that PrivJYPE is going into PubJYPE, does this mean JYP is the director of the whole damn thing? In other words, what happens to Jungwook? If JYP does become the head honcho of JYPE after several years of absence then...well played bitch, well played

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Taecmetothefloor Global Superstar

Taecmetothefloor

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iirc, preJ.tunes JYP wasnt the majority shareholder of JYPE.[if he was he had an extremely small share]. When he bought J.tunes, he became the director and majority shareholder. Now that PrivJYPE is going into PubJYPE, does this mean JYP is the director of the whole damn thing? In other words, what happens to Jungwook? If JYP does become the head honcho of JYPE after several years of absence then...well played bitch, well played

idk...i think jungwook is still the ceo of jype..nothing has been said about him leaving or anything just how much of the stock jyp himself will own now

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