![]() Idols that can gain a lot of public recognition and their own brand can then leverage that into acting roles, tv spots, variety shows, CFs, etc and then start making a lot more money.Īs for your example with NCT. What it serves as is an entry into the world of entertainment and celebrity status. For some wealthy Chinese fans, they can drop $25,000 USD on their bias without blinking an eye its literally the equivalent of $25 USD for a normal person.īeing an idol in itself isn't usually very profitable, though decently successful ones do make a fairly good amount of money. JYP actually banned this practice for Twice because it became a source of contention in the fandom due to some fans spending enormous sums on their biases (especially the wealthy Chinese fans) and because the girls are wealthy enough that they don't need to be given expensive gifts. Its not unheard of for male idols to receive $30-40,000 USD watches or for female idols to receive $5000+ in designer goods. Many fansites will take donations and pool money to fund a big gift package for their birthday or for a comeback. ![]() Minhee, the leader of Stellar, stated that she made more money in one day of streaming on Afreeca than she ever did in seven years of being an idol.Īs for the expensive clothes and accessories, a lot of the time those are gifts given by fans and fansites. Also remember that Korea's average wage isn't as high as the US or Canada.Įven in some moderately successful groups, the idols never make any money. This doesn't sound like a lot but remember that a lot of these idols are young and all of their expenses are typically covered like their dorm, food, etc. A typical idol salary for those that do make profit is like $30-50,000 USD. This pales in comparison to say SM, who can send 40-50 staff members to accompany 5 idols (Red Velvet) on their NA tour or JYP that has literally an entire building dedicated to hundreds of people to manage their stable of artists and groups.īeing an idol in itself isn't a great source of income as album and merch sales typically go to the company (the ratio changes depending on the company) while the idols make most of their money from concerts, appearances, and CFs. For example BBC, the company that manages Loona, is based out of a relatively small building and used to have about 15 employees to manage the entire company and all 12 idols. Also because these agencies don't have the track record or resources of the big 3, they have a much more difficult time building a fan base. Due to their lack of a influence, resources, staff, and reputation, these small agencies have a much more difficult time attracting sponsors to get CFs and promotional deals. Due to their ability to market and their reputation, a sizable domestic and international fan base is virtually guaranteed.įor everyone not blessed to be in the big 3, life is much more difficult because idols usually have to pay off trainee debt which typically takes 3 years if they are relatively successful. They also have the money to ensure future comebacks, merch, and concerts. The reason for this is that these companies do not require their trainees to pay back their debt and they are so massive in the industry that they can land CFs and promotional deals. If you're from YG, SM, or JYP (the big 3), then you're guaranteed to make money. This heavily depends on what company you're coming from.
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