There’s a variety of glitz, glamour, and cash within the Okay-pop world, however in accordance with former K-pop idol Prince Mak, only a few idols truly see a lot of that cash in their very own pockets.
In a brand new video titled “BTS on how much money a Kpop idol makes,” Prince Mak sheds some mild on simply how a lot cash the typical Okay-pop idol earns. The previous Okay-pop star says that whereas teams and artists from the “Massive 3” corporations (SM, YG, and JYP) might be paid instantly once they debut, it really works in a different way with virtually all different Okay-pop corporations.
These corporations have a system referred to as “break-even” by which all the cash earned by its idols go in direction of paying again all the cash invested in them, resembling coaching, meals, lodging, workers, and manufacturing of MVs. Prince Mak says that a median rookie Okay-pop idol group earns about USD$4000 per present (extra if abroad), which is then damaged all the way down to a 90%:10% break up between the corporate and the artist. Of that 10% going to the artist, it’s then break up between all of the members of a bunch earlier than it’s spent on repaying again money owed, that means that it’s extremely troublesome to earn cash.
Utilizing AOA for instance, Prince Mak says that whereas they debuted in 2012, they did not get large till a number of years later. Nonetheless, it took them till the tip of 2015 once they lastly paid off their money owed and will lastly begin incomes cash.
As a ultimate message to Okay-pop followers, Prince Mak says that idols from the “Massive 3” corporations might be positive and it’s the idols from mid-level corporations that want a variety of assist.
Take a look at Prince Mak’s video on how a lot cash a Okay-pop idol earns proper right here and tell us what you suppose.