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: Actor Lee Jung Hyun reveals his unexpected attempt at Kiaâs production engineer job
SHARE
Log in to comment