Kim Jaejoong says that it costs about 20 billion won to operate two teams under his agency in a year!

Kim Jaejoong, formerly of TVXQ, is producing a girl group called Say My Name and preparing to launch a boy group!

It is a hot topic that it costs about 20 billion won to operate 2 teams a year!!

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'( Idol ) It's hard to get started, but can you make money? ' In response to Choo Sung Hoon's question

Kim Jaejoong said, Usually debuting 3 It would be best if it turned a profit after a year " He replied, .

The answer from the agency's CEO, Kim Jae-joong, is that they are discovering members to create a team of idols. ,

Developed through years of training ' Pre-investment ' The concept of doing K It was a figure derived from the pop system. .

It is said that costs start to arise from the casting stage to discover members.

In many regions, both domestically and internationally K Travel and accommodation costs for staff members visiting the Pop Academy or holding auditions locally , It is said that there are costs such as venue rental fees. .

TV It is said that there are also agencies that invest billions of dollars in advance by directly planning and producing audition programs. .

After casting, the costs increase as the trainees begin training. .

vocal , Choreography , Basic lessons including rap and camera directing , They say that even the cosmetic aspect is included in the training for foreign language classes. . After the debut is confirmed, they have to prepare accommodations to minimize movement.

In the early stages of a debut, the investment costs increase more steeply. .

As competition among new artists intensifies, pre-released songs are released , As strategies such as producing multiple music videos emerged,

The burden of content-related costs has increased .

In addition, social networking services have recently (SNS) Marketing competition has also become fierce, reaching billions. .

A Korean music industry insider said

" These days, the success of a new group is determined by SNS Marketing has a big impact . 1 It doesn't even show in the 100 million won . There are big differences depending on the size of the company. ' Marketing Gap ' So much so that the saying came out "

He said .

At a recent press conference held by domestic music groups, " The idol generation cycle 2~3 It's been very short in years . It takes a lot of effort to create an idol and make it successful in a short period of time. . Even for small and medium-sized companies, at least 10 In the hundreds of millions 100 Use up to 100 million won " The word came out .

ㅁ Conclusion 

According to Kim Jae-joong, who is producing the girl group Say My Name and preparing to launch a boy group,

1 In the year 2 To run a team, you need a total of 200 It costs about a billion won !