The Big3 Companies
Anneyonghaseyo!
The Kpop industry is made up of the three biggest and most successful entertainment companies:
It's home to the artists of Big Bang, 2NE1, Gummy, SE7EN,PSY,EPIK HIGH, Lee Hi 1TYME
It's home to the artists of SHINEE, SNSD, BOA, Super Junior, f(x), EXO, TRAX
Founded by Park Jin-Young, mostly pop music, cares about looks and talents (but looks are important), all songs are produced by JYP himself, makes artists work hard, it's an ok company
It's home to the artists of : 2pm, 2am, Wonder Girls, JOO, Miss A, San E, JJ Project, Baek Yeon, and 15&
Big Hit Entertainment overcame the Big 3: SM, JYP, and YG Entertainment and earned the highest profit in 2017.
On March 22, Big Hit Entertainment released the company's 2017 fiscal results. The data showed that Big Hit made 32.5 billion KRW (30 million USD) in net profit, which is a 214% increase compared to the previous year.
2017 Revenue
1. YG 349.86 Billion KRW (324.3 Million USD)
2. SM 377.45 Billion KRW (350 Million USD)
3. JYP 102.24 Billion KRW (94.7 Million USD)
4. Big Hit 92.40 Billion KRW (85.6 Million USD)
2017 Net Profit
1. Big Hit 24.56 Billion KRW (22.7 Million USD)
2. JYP 16.36 Billion KRW (15.1 Million USD)
3. YG 11.91 Billion KRW (11 Million USD)
4. SM -4.70 Billion KRW (Negative 4.3 Million USD)
The Kpop industry is made up of the three biggest and most successful entertainment companies:
YG Entertainment
Founded by Yang Hyun Suk, the label strongly influenced by R&B and hip hop, known for their emphasis on artistic freedom and keeping the integrity of music, produces the majority of their own music, the label doesn't focus on looks only on talent, the artists themselves are motivated to work hardIt's home to the artists of Big Bang, 2NE1, Gummy, SE7EN,PSY,EPIK HIGH, Lee Hi 1TYME
SM Entertainment
Founded by Lee Soo-Man, mostly pop music, is credited for starting the hallyu wave, they are the most colorful of the bunch, focuses a lot on looks, doesn't write a lot of their songs, makes artists work really hard, the company I hate the most (no offense) because of its 13 year slave contracts which led to the break up of one of my favorite groups named DBSK (the contracts have also led to other controversies)It's home to the artists of SHINEE, SNSD, BOA, Super Junior, f(x), EXO, TRAX
JYP Entertainment
Founded by Park Jin-Young, mostly pop music, cares about looks and talents (but looks are important), all songs are produced by JYP himself, makes artists work hard, it's an ok company
It's home to the artists of : 2pm, 2am, Wonder Girls, JOO, Miss A, San E, JJ Project, Baek Yeon, and 15&
Big Hit Entertainment overcame the Big 3: SM, JYP, and YG Entertainment and earned the highest profit in 2017.
On March 22, Big Hit Entertainment released the company's 2017 fiscal results. The data showed that Big Hit made 32.5 billion KRW (30 million USD) in net profit, which is a 214% increase compared to the previous year.
2017 Revenue
1. YG 349.86 Billion KRW (324.3 Million USD)
2. SM 377.45 Billion KRW (350 Million USD)
3. JYP 102.24 Billion KRW (94.7 Million USD)
4. Big Hit 92.40 Billion KRW (85.6 Million USD)
2017 Net Profit
1. Big Hit 24.56 Billion KRW (22.7 Million USD)
2. JYP 16.36 Billion KRW (15.1 Million USD)
3. YG 11.91 Billion KRW (11 Million USD)
4. SM -4.70 Billion KRW (Negative 4.3 Million USD)
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