0

0

General

SM Entertainment hits jackpot in sales

Posted by rameninmybowl5 pts Monday, August 16, 2010

With K-pop's biggest celebrities working daily for the company, there's no doubt in the fact that SM Entertainment probably has the largest income in the industry. Behold. It has been calculated by Korea's Financial Supervisory Service that SM Entertainment has made around 47.5 billion Korean won during the first six months of year 2010, which roughly converts to 40 million dollars in USD. This is about 59% larger than what they've made last year. Also, it's been revealed that SM Entertainment has earned over 18.6 billion Korean won, over 3 times as much as last year. SM stated, "This achievement was possible due to increasing overseas income made by our artists like Super Junior, BoA, SNSD, SHINee, and f(x)." SM Entertainment believes their income will increase even more, as they've been slowly entering the application market for various smartphones. Also, SNSD's overseas activities are expected to bring even more money for the company.

  1. SM ENTERTAINMENT
0 6,069 Share Be the first to vote

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
Kal So Won
misc.
Jang Na Ra, Kim Tae Ri
misc.
J.Y. Park, Wendy
BLACKPINK, Rosé
GFriend (Girlfriend)
Clara
Joo Won, Kim Min Jae, Kwak Do Won, Lee Joon Hyuk , Lee Yoo Young, Yoo Jae Myung
Kim Na Young
J.Y. Park, Wendy
Kim Na Young
misc.
Joo Won, Kim Min Jae, Kwak Do Won, Lee Joon Hyuk , Lee Yoo Young, Yoo Jae Myung
Kal So Won
New Message

SEND