There is no doubt that out of the ‘Top 3′ entertainment labels (SM Entertainment, YG Entertainment, and JYP Entertainment), SM Entertainment brings in the most profits. Even when they fell short of expectations in Q3 of 2012, SM Entertainment’s profits are higher than their counterparts.
In any case, all three of these labels are well respected and they’re
the biggest names in the entertainment industry. But who exactly are
the biggest moneymakers from each label and who can carry the torch for
the future?
YG Entertainment, whose biggest breadwinner is none other than Big Bang. The boys earn money not only as a group, but with each of their continuing solo promotions. But of course, that’s not all. Psy is quite a force to be reckoned with, not just with “Gangnam Style” but now with his latest release, “Gentleman“. YG Entertainment also has 2NE1, a group that is popular globally. The label also enjoyed much success with the launch of rookie sensation, Lee Hi.
If SM Entertainment has taken over Korea and Japan with physical
album sales, it’s YG Entertainment that is in firm control of the
digital sales. They’re also the best when it comes to engagement via
Social Networking Services and their YouTube music
videos usually receive the highest amount of views. But of course, YG
Entertainment isn’t without obstacles, as it has no real up and coming
big contender except Lee Hi. There could be a generational gap as YG
Entertainment tries to grow the next big group or artist. While SM
Entertainment has many that can inherit the spotlight such as SHINee, f(x),
and EXO, YG Entertainment’s only rookie is Lee Hi, and their upcoming
rookie groups keep facing delay after delay in their debut.
Source: Sports Chosun via Nate
Credits: Allkpop
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