6/25/2023 0 Comments Kpop idol manager salary![]() No Kpop fan listens to the CD since most don’t have a device to play it. A typical album has artistic design covers, a photocard, and exclusive pictures. Because Kpop entertainment companies started to focus the albums more as merchandise. The good news for Kpop entertainment companies was that the sales of Kpop albums were still profitable. The business model shifted from making money off album sales to touring, personal signing events, and merchandising. A New Business Model for Kpop Entertainment Companies Source: However, music labels worldwide needed to think of new ways to make money due to online music. The “Big 3” (YG, JYP, and SM) were able to make a vast majority of their money through album sales. This also applied to Kpop entertainment companies. Kpop fans get their music from platforms like YouTube, iTunes, Spotify, etc. Napster and other peer-to-peer sharing platforms online allowed users worldwide to get music for free. The music industry globally changed massively in the early 2000s. ![]() The question of how much money Kpop Idols make is difficult to answer because Kpop Entertainment companies have a history of keeping that information private. As the Kpop industry explodes, you will start seeing more Kpop artists wanting out of their deals. If you go online these days, you will hear hundreds of former Kpop artists complaining about their record deals. Before, many K-pop groups only lasted a few years, meaning their window to make real money was very limited. The average run for a typical K-pop group is eight years. In addition, K-pop groups are sticking together for a lot longer than before. ![]() Moreover, many Kpop artists these days invite their fans into their daily lives via reality shows, live streams, and social media platforms like YouTube and TikTok. K-pop is on every social media platform, breaking some monthly records. Before, K-pop could only be found on Korean social media channels like Cyworld or TV. Kpop started in the early 1990s, and the industry has changed significantly over the last 30 years. How the Kpop Industry Changed Over the Years So how much money do Kpop Idols make? You might be surprised. In addition, we will see how money flows throughout a typical Kpop label. This article will dive deeply into the sometimes shady world of the Kpop industry to see why some of your favorite Kpop artists are not making the money they deserve. Most think they will instantly become rich and famous when most Kpop artists get trapped into an unfavorable record deal. However, where does all that money go? How much money do Kpop Idols make from their music? How much goes to the K-pop Entertainment companies, and how much goes to each member? Many decide to audition for Kpop Entertainment companies in hopes of signing a contract. The Kpop industry is a massive $5 Billion dollar industry. Why Kpop Artists Should Start Their Labels.Kpop Entertainment Companies = VC Fund.How much money do Kpop Idols Make? Is it fair?.Breakdown of where the money goes from a Kpop Album.A huge Kpop Social Media Marketing Budget.Why do Kpop Entertainment Companies Take Most of the Profits?.Why do Kpop Groups have so many members?.So How much money do Kpop idols make compared to the labels?.How Much Money do Kpop Idols Make? – Look at their Contracts.A New Business Model for Kpop Entertainment Companies.How the Kpop Industry Changed Over the Years.
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