boyutpedia Chapter 857 Income and Chat
Chapter 857 Income and Chat
Chapter 857 Income and Chat
"Tsk tsk..."
After reading this latest hot news related to himself, especially the boastful words that were very characteristic of the Peninsula, Chi Jingyuan raised his eyebrows and felt secretly happy.
The news was followed by a link to the "Forbes Under 30 Income" ranking, and Chi Jingyuan clicked on it directly.
The first place is American pop star Taylor Swift, with an annual income of 1.6 million US dollars (about 2200 billion won), and the second place is the British pop boy band One Direction with 9800 million US dollars (about 1350 billion won).
Further down are familiar names such as Messi, Adele, Rihanna, Justin Bieber, and Djokovic.
EXO, which suddenly emerged, ranked sixth, even higher than Justin Bieber and Djokovic, two world-renowned singers and sports stars...
Although it was the name of his group, when it was listed next to Messi and Adele, Chi Jingyuan felt that 'EXO' was out of place, and it looked very abrupt, as if it shouldn't be here...
He could understand his somewhat self-deprecating thoughts. After all, nowadays, pop music from Japan is the mainstream in the world, not to mention sports. Compared with them, Kpop is indeed very niche. It is estimated that except for the Peninsula, many people will wonder what EXO is when they see this list...
However, since they are able to make it onto this list and be listed alongside these celebrities, it also proves that Kpop, or EXO, has gradually entered the mainstream attention. This is the result of their years of hard work, and it is also a great encouragement to Chi Jingyuan and others.
Further down the list, there are still many well-known cultural and sports stars, with Big Bang ranking 13th... Seeing his friends on this foreign list, Chi Jingyuan inexplicably felt as if he had met an old friend in a foreign land, and even his impression of Big Bang improved a little.
Although Chi Jingyuan felt that it was a little bit strange, the people on this side of the peninsula liked this kind of news that "promoted our country's prestige" and "promoted Korean Wave". As soon as the news came out, it was on the hot search list. Countless people were surprised and proud after seeing this news, and the related comment area was quickly filled up.
"Qingjia? Am I seeing right? EXO is already a super group that can be ranked alongside global top stars like Rihanna and Adele?"
"EXO is truly worthy of being the top boy band of the contemporary era. It is unprecedented even in the history of K-pop. With an annual revenue of 80 billion, nearly 100 billion, what does this mean?"
"In 2014, IU's annual income of over billion won was amazing to countless people, and Dispatch called her a 'walking small and medium-sized enterprise'. Then what should EXO's billion income be called? 'Walking large enterprise'? Or 'walking money printing machine'?"
"780 billion? Even if it is divided equally among the nine members, it is still a huge number, right? Do idols really make that much money? Why do I see news every day about so-and-so sleeping in the basement and not getting any share after debuting for several years?"
"...Actually, I even think that the number of 780 billion is a bit low. Is this the total income of the team? But now all the members of EXO have started their own activities for a long time. According to SM's distribution rules, personal resource income is not included in the total income score of the team."
"...I think so too. I remember there was news in 14 saying that Yuan's personal income was already 550 billion. EXO has been doing so well in the past two years, so it should have increased... Tsk tsk, if personal income is also included in the statistics, EXO's total revenue is really unimaginable."
"Don't think about it, just look at SM's stock price in the past two years and you will know. It has increased several times since EXO debuted. YG and JYP combined are far behind SM."
"Ah? I remember that whenever the VIPs couldn't win an argument online, they would start boasting that their brothers were on a world tour with unbeatable box office sales and were busy making money and didn't need a single to prove themselves, so they didn't promote their songs. How come they can't even beat our XO in revenue now? We're not making this up, Forbes has its own statistics."
"Go to hell, how can such a stupid group earn more than Big Bang? GD alone beat them all, where did the wild list come from?"
"This income is really completely nonsense. How can Big Bang's income not be as high as that of local groups? Is there a link? VIPs, go to Forbes' official website to protest! Make them apologize!"
In addition to the amazed discussions online, many fans also began to use this as a weapon to attack their opponents, and the situation soon went off the track and the two sides started arguing.
"Wow."
"seriously?"
At this time, the other members at the dinner table had also seen the news and exclaimed in amazement. It was obvious that they were also very surprised by the Forbes ranking.
"Almost 80 billion?"
Jin Junmyeon looked at the numbers in the news and was amazed: "Did we make that much?"
After debuting in 12, EXO has been settling accounts on a quarterly basis, but last year they changed the profit-sharing contract and also changed the settlement method. Now, I don’t know about other artists, but EXO can receive a sum of money every month, which is considered a basic salary. However, the amount is actually very small, equivalent to pocket money, to ensure your basic living.
The largest sources of income, such as artist activities, concert revenue, and album and peripheral sales, are settled at the end of each year, which has not yet happened this year.
"Well……"
Wu Se-hun looked at the number and pondered for a few seconds: "Maybe... it's more than that."
No matter what time, all members attach the most importance to the income figures. After all, it concerns everyone's most fundamental interests, and Wu Sehun is particularly sensitive.
...At the end of 14, he was still considering saving money to buy a low-rise building in a remote location, but this year he has started to pay attention to mid-rise properties in bustling commercial areas.
The share in last year's 15 financial report was already about this number, and according to his estimate, this year's share should be even higher, and much higher.
He calculated silently and added: "It should be even more..."
"Although Forbes has a big reputation, this list is just for fun and is not accurate."
Chi Jingyuan watched the fans' quarrels in the comment section with great interest, and interrupted, "We don't even know how much the group's income is this year. We only have an estimated figure, let alone them... I guess the statisticians calculated it based on some public data from the company, such as album and peripheral sales, concert box office, etc..."
Even though the calculation method may be like this on the surface, the total income of the entire group is actually very complicated. There will be a lot of hidden income, and Forbes has not taken into account the related costs... The salaries of the supporting team of hundreds of people surrounding EXO, including agents, assistants, security, as well as the clothes for music shows and the construction of the stage, all expenses are counted as costs and must be deducted from their revenue.
Moreover, the endorsement fees of some brands will never be made public, and only the company and the members themselves know about it.
"Well……"
Kim Junmyeon also read the comments in the comment section, and seemed to have thought of something, and sighed: "But just this alone has made many nationals and fans of other companies jealous."
He shook his head: "This is just an estimate of the team's revenue. Excluding the company's portion, it will be shared among nine people... If Jingyuan announced his personal income, I don't know how many people would be jealous of you... Not to mention others, all the female idols in the circle would probably pounce on you."
The 780 billion refers to the team revenue of the EXO group and does not include the income from individual activities...but for EXO today, income from individual activities is actually one of the biggest sources of income.
Each brokerage company on the Peninsula has a different way of distributing income to its portfolios.
Some have a system where all members of the group share the money equally, regardless of whether they are individual or group activities. For example, in FNC, no matter how good Jung Yong-hwa and Kim Seol-hyun's personal resources are, or how many commercials they have shot and how much activity fees they have received, the other members of CNBLUE and AOA can still share the money equally even if they lie at home and pick their feet.
There is also a sliding system, where the pay is split equally when first debuting, but as personal schedules increase, the distribution contract will be changed.
Similar to JYP, MISSA was still completely evenly split in 2013, but changed the distribution model in 2014. Each member has a different proportion for different fields such as advertising, TV dramas, and movies, and the income from personal activities is no longer evenly divided, but calculated individually.
...It's said to be for every member, but things like 'commercials, TV dramas, movies' are not something other members of MissA can touch at all. In fact, this door was opened for Bae Suzy.
No wonder she is unpopular in the group.
In comparison, SM is more advanced, as it simply averages the scores of group activities and counts individual activities separately.
I heard that YG is also like this...
Compared to the team revenue that has to be shared equally among nine people, the bulk of Ji Jingyuan's income has long come from personal activities. In 2014, it was revealed that his annual income reached 550 billion won, ranking among the top three artists of that year.
Compared to this year's Forbes, the figures leaked that year are actually quite close... That year, Chi Jingyuan's personal income skyrocketed, and was not much different from that of the big group, or even a little higher.
But that was because the 13 drama "The Heirs" became a huge hit in Asia, and he was heavily involved in activities in Xia Country. He also appeared on the official Spring Festival Gala, received dozens of endorsements, and had countless commercial performances. That's why he got this number.
In fact, his personal income in 2015 was not as high as that in 14. Not only him, but also Kim Soo-hyun, who was above him in the rankings in 14, saw his income plummet in the next one or two years because of the popularity of "My Love from the Star".
After all, a hit TV series is hard to come by, and this kind of popularity cannot last too long.
The first half of this year was pretty good, but the loss of the mainland market in the second half had a very huge impact, and even shook EXO's foundation. Fortunately, at the same time, the overseas market opened up a little, and many European and American brands also noticed Kpop and EXO, which saved the other members and Ji Jingyuan's own shaky income.
"If it's just a little bit higher, it might make people jealous and hateful...but if it's much higher, it might just make people admire and envy you."
Wu Sehun didn't quite agree with Kim Junmyeon's statement, but he sighed knowingly, "People in our country now say they hate the rich, but in fact, the idea of worshipping money is getting worse and worse... The management companies in the circle understand this very well. Haven't you seen that many new idols who debuted in the past two years like to market themselves as 'rich boys'?"
He looked at Chi Jingyuan and pursed his lips: "I've read the marketing press releases of those idols, some of them have hospitals or restaurants in their families, or they are politicians... The marketing is louder than the other, and their fans are always bragging about them as 'young masters of chaebols', but if you look closely, they can't be compared with Jingyuan at all, they are not on the same level... If you ask me, you should find an opportunity to expose your villa in LA and suppress these unhealthy trends."
"!"
There was nothing wrong at first, but when Chi Jingyuan heard Wu Sehun's suggestion, his eyes widened and he looked at him in surprise.
It's true... Chi Jingyuan's solo project promotion plan includes a plan to shoot a personal variety show. Someone actually proposed this idea, suggesting that he use this personal variety show opportunity to truly expose his identity as a "rich young master", such as shooting the title song MV in the MV, and then shooting an episode of the personal variety show in his villa in LA at the same time. While attracting fans, improve his personality.
…seems to be popular nowadays.
However, it has not been finalized yet, and Chi Jingyuan is considering it carefully.
He was very surprised that Wu Se-hun and the solo planning team had the same idea. He was actually a little tempted, but he still waved his hand in a pretentious manner: "Forget it... I'm very low-key."
"Shixun is right, it's not fashionable to be low-key anymore."
Kim Junmyeon also nodded, confirming what Wu Sehun said, and without even reading the message, he put down his phone and started a long speech:
"I remember when I first joined the company, until two years before our debut, most of the trainees and idols at that time were from ordinary families, and they worked hard to get to where they are. Fans would be touched by witnessing their idols' efforts and hard work, and would feel a sense of being side by side all the way, which would bring idols and fans closer together."
"At that time, this kind of hard-working character from the bottom of society was popular... or maybe it's not called a character, because that's the reality. On the contrary, people with good family backgrounds were often attacked by extreme anti-rich trolls."
"But I went to the old building a few days ago and talked to the head of the trainee room. There are fewer and fewer trainees and new idols from poor families. On the contrary, there are more and more from wealthy families. The competition is about who has a better family background, and the relationship between whether or not to debut is becoming more and more related to these factors."
"And nowadays, fans will not only not be disgusted by this, but will be more popular with them... If the idol's family is well-off, fans will have the mentality and capital to show off. They will think that their idol has a good background, which will make other fans of other idols envious, and will have better resources. More importantly, they will not be bullied in the circle, which makes them feel at ease as fans..."
"Their mentality is: My idol's family background is better than your idol's family background = I am better than you."
"So now idols are no longer shy about revealing their family backgrounds. On the contrary, some will even go out of their way to exaggerate their family backgrounds."
"Ah..."
Kim Junmyeon, an older senior who has debuted for almost six years, sighed as if the world is going downhill: "Look, many of the people in NCT are from wealthy families. I don't know why they become idols..."
"Then why did you become an idol in the first place?"
Chi Jingyuan blinked and looked at his captain curiously.
Everyone in the team knows that Kim Junmyeon is also a rich boy.
"I am because...ah, why don't you ask yourself?"
Kim Junmyeon thought about it for a moment and was about to reply when he immediately realized that he was being treated sarcastically. His eyes widened and he glared at Wu Sehun at the boy's smirk.
"Ha ha……"
Kim Junmyeon's expression was really interesting. Chi Jingyuan couldn't help laughing. When he lowered his head and was about to continue eating with trembling hands, the phone next to him vibrated again. Yu Jeongyeon came over to ask.
"Did Oppa see it?"
Is curiosity so serious?
Chi Jingyuan sneered inwardly when he saw this.
I don't know why this girl is so anxious, it's like someone is urging her...
But this kind of thing is indeed eye-catching, and it is normal for her to be curious... As long as it does not involve specific numbers, there is nothing to be shy about.
While scooping rice, he typed a reply with his left hand: "I see."
"Oppa, I saw it. Is the Forbes list on the trending search accurate?"
"Well, not very accurate."
"No! Is that too much or too little?"
"Jeongyeon, are you curious about this? Didn't you Twice already have a share?"
"Yes, that's why I'm curious because I get a share of the profits. I want to know how much money people like Oppa and XO can earn if they are as successful as their predecessors."
"I see...but I'm afraid it will upset you."
Boy groups and girl groups are naturally not on the same level in terms of income, let alone a top group like EXO, which also has special members like Ji Kyung-won.
"I am very strong (muscles), then Oppa, is the 780 billion you revealed too much or too little?"
"Well...actually..."
Chi Jingyuan thought about it and did not hide it:
“A lot less.”
……
"what did he say?"
Seeing that Yu Jeongyeon's phone had lit up and received a reply, Lin Nayeon, who was leaning next to her, eagerly pulled her arm, showing a pair of rabbit teeth, and staring at her sister with round eyes anxiously and curiously: "What did he say! What did he say?"
...Chi Jingyuan was right. There really was a busybody and a troublemaker who kept urging Yu Dingyan.
"Oppa Jingyuan said..."
Yu Jeongyeon was a little dazed when she saw the reply. Facing the curiosity and communication of the little sisters, she slowly blinked as if she couldn't believe it, and then looked at Lin Nayeon and murmured:
"A lot less~"
(End of this chapter)