One of the biggest and most successful entertainment companies in Korea, YG Entertainment has achieved a huge profit for 2009.
On the 12th, it was revealed how much YG made in 2009 after research by the Financial Supervisory Service.
From this research, it has been known that they earned 35,693,360,000 KRW (~$32 million USD). This is almost double the amount of 2008's total income of 18,500,000,000 KRW (~$16,700,000). It's been almost 15 years since YG was founded and this is the biggest income they have had yet.
So, how did they made so much money? Well, 2009 was the year 2NE1 debuted! They hit it big with Fire and I Don't Care. Not only that, Big Bang had concerts. On top of that, G-Dragon, Daesung, Seungri, Taeyang and T.O.P all did solo activities.
Figures for the other two heavyweights, SM Entertainment and JYP Entertainment were also released with the former remaining top of the pile thanks to its strong marketing operations (61,788,490,000 KRW) while the latter suffered a slight drop in earnings (10,163,540,000 KRW) due to the Wonder Girls' inactivity in Korea.
YG Entertainment are certainly doing quite well, aren't they?
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