13

0

General

IOI made over 8 million USD in the past year?

AKP STAFF
Posted by Susan-Han Thursday, January 5, 2017
IOI
According to reports, IOI may be raking in over 10,000,000,000 KR? (approximately 8,400,000 USD) by the end of their promotions. 


The project girl group began officially promoting under the name IOI last April, and will be disbanding this January, after their domestic farewell concerts 'Time Slip - IOI' taking place from January 20-22. 


Insiders claim that IOI will be bringing in earnings from 10 endorsement models as a team, excluding deals signed by individual members. Revenues from these endorsement deals will result in about 2,500,000,000 KR? (approximately 2 million USD).


Moreover, insiders expect IOI's revenues from magazine pictorials to be around 30,000,000 KR? (approximately 25,000 USD). Earnings from IOI's music releases, including their debut song "Dream Girls", their unit song "Whatta Man", and their latest hit "Very Very Very", will amount to around 1,200,000,000 KR? (approximately 1 million U$D). 


Finally, IOI's estimated revenues from performances and events may be around 1,000,000,000 KR? (approximately 800,000 U$D). Insiders say that the sum of this, combined with the profit that the individual members likely earned through promotions in their respective groups, broadcast activities, and more, will definitely amount to over 10,000,000,000 KR?. 


It's been revealed that IOI's earnings will be distributed as such: 25% will go to CJ E&M, the creator of 'Produce 101', 25% will go to YMC Entertainment, who was in charge of managing the group throughout the past year, and 50% will be distributed to the members and their labels. 


SEE ALSO: Jeon So Min shows off luxury Chanel wallet gifted by Yoo Jae Suk, says it is the only Chanel item she owns

  1. IOI
0 71,874 Share 100% Upvoted

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
Jeon So Min, Yoo Jae Suk
i-dle, Soyeon, Kian84
Han Hyo Joo
Kim Seon Ho
Akdong Musician (AKMU), Suhyun, Chanhyuk
Cha Eun Woo
STAYC, Sieun
Highlight, Yoseob
KISS OF LIFE, misc.
Younha
Choi Woo Sik, Jang Hye Jin, Jeon Mi Do, Jo In Sung, Park Jung Min, Shin Se Kyung, Park Ji Hoon, Yoo Hae Jin, Yoo Ji Tae
Seventeen
IVE
KARD, Jiwoo
Chen
New Message

SEND