How Much Did SM, YG, and JYP Entertainment Earn?
D-Bo , May 21, 2014, 6:43 p.m.
The numbers are in for Korea’s “Big 3 Entertainment” Companies. The Big 3 Entertainment companies are SM Entertainment, YG Entertainment, and JYP Entertainment.
In the year 2013, SM Entertainment earned a staggering W270 billion or about $260 million US. That figure nearly doubles their revenues from two years prior in the year 2011, which was W140 billion.
YG Entertainment saw an increase of about 49% in revenue for the 2013 year. In 2013, YG Entertainment posted earnings of W120 billion or about $110 million. In 2011 they posted earnings of W78 billion.
JYP Entertainment came in third place with earnings of W21 billion or about $20 million US. What are your thoughts? Is k pop going to continue to grow?