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Posted by Susan-Han Thursday, January 5, 2017

IOI made over 8 million USD in the past year?

AKP STAFF
IOI
According to reports, IOI may be raking in over�10,000,000,000 KR? (approximately�8,400,000 USD) by the end of their promotions.�


The project girl group began officially promoting under the name IOI last April, and will be disbanding this January, after their domestic farewell concerts 'Time Slip - IOI' taking place from January 20-22.�


Insiders claim that IOI will be bringing in earnings from 10 endorsement models as a team,�excluding deals signed by individual members. Revenues from these endorsement deals will result in about 2,500,000,000�KR? (approximately 2 million USD).


Moreover, insiders expect IOI's revenues from magazine pictorials to be around 30,000,000�KR? (approximately 25,000 USD). Earnings from IOI's music releases, including their debut song "Dream Girls", their unit song "Whatta Man", and their latest hit "Very Very Very", will amount to around 1,200,000,000 KR? (approximately�1 million U$D).�


Finally, IOI's estimated�revenues from performances and events may be around 1,000,000,000 KR? (approximately�800,000 U$D). Insiders say that the sum of this, combined with the profit that the individual members likely earned through promotions in their respective groups, broadcast�activities, and more, will�definitely amount to over�10,000,000,000 KR?.�


It's been revealed that IOI's earnings will be distributed as such: 25% will go to CJ E&M, the creator of 'Produce 101', 25% will go to YMC Entertainment,�who was in charge of managing the group throughout the past year, and 50% will be distributed to the members and their labels.�


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