Business profits of BIG3
Earnings from April~June 2019
Revenues: SM – 159.6B, JYP – 39.1B, YG – 78.1B
Business profits: SM – 3.8B, JYP – 9.4B, YG – 0.2B
Actual profits: SM – 0.6B, JYP – 6.8B, YG – (-6.3B deficit)
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Earnings from January~June 2019
Revenues: SM – 290.4B, JYP – 65.5B, YG – 142.7B
Business profits: SM – 6.7B, JYP – 15.2B, YG – (-2B deficit)
Actual profits: SM – (-3B deficit), JYP – 13.2B, YG – 2.3B
(billion won)
JYP is fine
original post: pann
1. [+155, -34] YG has been out of BIG3 since a while ago. It’s been confirmed since January this year. BIG3 is now Big Hit, JYP and SM.
2. [+152, -1] SM should focus on entertainment instead of useless business activities.
3. [+83, -5] Look at the drugstore cockroaches who are upset because their agencies are going into a deficit.
4. [+74, -8] YG is out of BIG3, experts agree with that. Not to mention their image, but their profit is no better than an average small company. Big Hit is surpassing BIG3 so the word ‘BIG3’ is also pointless. It’s just Big Hit as the top.
5. [+61, -60] SM wouldn’t suffer a deficit if they give up on NCT
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The Big3 isn't about profit, those three companies were the trailblazers for KPop and nobody can deny it. They're the reason KPop is what it is today. Like it or not they're always going to be respected in the KPop industry and won't be dethroned.That being said, YG has definitely shat all over it's own legacy, mainly with the seemingly endless controversies. But they're not leaving the Big3 anytime soon or ever.
I don't know why people are insistent on BigHit booting YG out of the Big3, they do not need it! BigHit are fine on their own, they've proved that.
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