How much profit did SM Entertainment and YG Entertainment earn in 2012?

[frantastic.livejournal.com]

SM Entertainment and YG Entertainment revealed their Fiscal Year 2012 Earning Results.

The two companies released their total sales, revenue, and net profit for 2012. These results are tentative as an independent auditor needs to audit the earnings report for the stock holders, however, no big changes from the initial results are expected.

SM Entertainment, maintains their claim as the biggest label in the entertainment industry. They reported revenue of 168,560,155,987 KRW (approximately $154 million USD), which is a 53.5% increase from 2011. Deducting the wages of the workers and production costs from the revenue brings in 47,821,232,494 KRW (approximately $44 million USD), which is a 133.2% increase from 2011. The net profit (after calculating all expenses) has also increased 125.4% since 2011 to reach 37,177,156,185 KRW (approximately $34 million USD).

YG Entertainment had a total revenue of 99,724,863,668 KRW (approximately $91 million USD), a 59.4% increase from last year. Deducting the wages of workers and production costs brings in 18,544,672,845 KRW (approximately $17 million USD), a 20.3% increase from 2011. The net profit increased 45.4% from 2011 to reach 17,113,443,533 KRW (approximately $15.6 million USD).

JYP Entertainment has yet to release their results for 2012.

Source: Star News + akp

Comments

[bestsama.livejournal.com]

may sooyoung bless sm

[anconeous.livejournal.com]

Amen! ❤

[silveretude.livejournal.com]

I would have thought YG'd be double that, what with the Gangnam Style hype. I guess Psy has a special deal that lets him keep most of his earnings?

[johnnyquest89.livejournal.com]

gotta split with scooter n the us hype monsters

[anconeous.livejournal.com]

Nothing surprising. SM has more active artists, each with huge hordes of fans, obviously they'd earn more.

And LBR, probably 70% of YG's earnings came from Big Bang alone.

[zombiechick815.livejournal.com]

True. I remember reading before that last year Big Bang made something crazy like 90% of YG's earnings.

[bunica1990.livejournal.com]

You are too kind! <3

[bulleusekat.livejournal.com]

JYP is lost /forever sobbing

[bunica1990.livejournal.com]

"JYP Entertainment has yet to release their results for 2012."

lol

[jjoeyjjang.livejournal.com]

lbr what earnings

[xdark-symmetryx.livejournal.com]

Lol JYP would never
The shame would be too great

[asnindie.livejournal.com]

JYP made a profit of 200 dollars.

[asnindie.livejournal.com]

Most of that money probably came from Japan for SM.

[aleexnews.livejournal.com]

lmao at JYP, thats embarassing

[aleexnews.livejournal.com]

and prbbly 75% of that money easily came from BIGBANG, what are u gonna do when they stop making music YG?

[x-undercover-x.livejournal.com]

Who's the biggest company after JYP? Does anybody know if they're any close to taking JYP's place?

[asnindie.livejournal.com]

Maybe Cube, probably someone doing well in Japan. Maybe DSP lol but they only have Kara.

[cast-no-shadow0.livejournal.com]

On one hand, this is a lot of money, but on the other hand when you actor in that SM has 60+ artists, it shows that most artists (even in SM) aren't going to be millionaires.

Does this include CF money? That seems to be wear the money is for the individuals.

[chibiyunie.livejournal.com]

CF money is all for the individual(s) if I am correct. That is why they are always so eager to get CF deals.

[edanz-castle.livejournal.com]

Ahh JYP is pulling a "Maybe Next Time"-er eh? Okay. lol

[cee-90.livejournal.com]

IKR. That gif of lee soo man is just... LOL <3

[erbalurbal.livejournal.com]

jyp probably barely broke even

[ashiva.livejournal.com]

Apparently only part of JYPE is publicly traded, for instance 2PM (their biggest money maker) is in the private part of the company, so we will never know.

[whenlilacsbloom.livejournal.com]

Does this mean SM is going to stop whining and blaming the talent because they were making less profit? Doubt it.

[jeugd1.livejournal.com]

LEE SOO MAN AHJUSSI!!!!!!!! SARANGHAEYO!!!

(http://nl.tinypic.com?ref=2n84th2) (http://nl.tinypic.com?ref=10ppoxl)



(http://nl.tinypic.com?ref=35armo8)

[burger.livejournal.com]

so cute

[flumes.livejournal.com]

why would any1 be surprised that this horrid company would make the most and why would jyp ever release that

[fallingstarryuu.livejournal.com]

they all release profit/sales figures in financial statements bc their shares are publicly traded.

[supplanter.livejournal.com]

Some things I've already learned about this because omona is LATE

1) JYP is two companies, with artists split between the public and private ones. I think their most profitable acts are in the private one. Either way, you're never going to see earnings reports from the private one anyway.

2) most of the income, whatever you are thinking, is not from music sales, but from touring. SM acts who have big tours: TVXQ, SuJu, Shinee, SNSD. YG acts who tour: BB, 2ne1 (but they only had a little one, so they don't count for much).

3) with that in consideration, JYP is still far ahead of Cube, just because of 2PM (Japan tour).

[lysblack.livejournal.com]

preach.

[achan123.livejournal.com]

get those monies SM and YG...and invest it in your frikkin artists please :[

[hisjulliet.livejournal.com]

YG should have earned more money because of the Psy hype right? Isn't 91 million a little low?

[bunica1990.livejournal.com]

Unless Psy gets to keep the bulk of his earnings.

[uglypricetag.livejournal.com]

you go SM. scrimp on those MVs and make big bucks!!!

[supplanter.livejournal.com]

Someone told me SM is more efficient about their costs than YG, so. ~.~

(Doesn't it cost money to buy all these songs from non-in-house producers, though....)

[21banged.livejournal.com]

Well damn, ofc SM would make the most with their billion + 1 artists. YG on the other hand, can't even manage two of them at the same time, so we all know they were doomed to come second. YG said himself that PSY got most of the cash for GS, so I dunno why people expected them to scrape in more.

And l o l JYP

[yunchunnified.livejournal.com]

THE LSM HEART GIF HAD ME OPENING THIS POST, NO JOKE.

somebody gif LSM fanboying to DBSK at their Catch Me tour too, that would be EPIC..

and GET IT GET IT SME <3 <3 <3

[jjoeyjjang.livejournal.com]

expecting YG to put all that ca$h towards 2NE1 and the upcoming groups. Spend a little to make a lot, babe.