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Top 10% of singers revealed to make 89% of total singer income in Korea

By jennywill   Monday, January 16, 2017   153,080   8,162   0



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The distribution of income among singers, just like the one among actors, has been revealed to be incredibly imbalanced.

According to the National Tax Service, 4,587 people filed their taxes as singers listed for their occupation in 2016. The top 1% - or 45 singers - made an average of 3.198 Billion KRW per person (approximately $2.7 million USD) over the year, making up 45% of the total singer income. The top 10% (458 singers) made an average of 640 million KRW per person (approximately $541,000 USD) over the year, making up 88.9% of the total singer income in Korea.

SEE ALSO: Artist You Need To Know: D.MEANOR

The rest of the 90% (4,129 singers) made an average of 8 million KRW per person (approximately $6,800 USD) over the year or about 670,000 KRW per person per month (approximately $570 USD). This is about 2/3 the minimum wage (of about 1,117,000 KRW per month, 5,580 KRW per hour). 

What do you think about the stark difference in income?

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intricate Tuesday, January 17, 2017

just the same as the actor version of the same statistics... you can't measure an artist's income over a length of time, you have to measure it per endorsement/project. Artists do not have a steady income, not everything they do is something they get paid for (training, styling, skincare, etc.), and in some cases they earn money while not actually doing anything (royalties, allowances etc.). Artists aren't contracted to work x hours per week for which they are paid an x amount of money. They are contracted to do a certain assignment for which they are paid a certain amount. Average monthly income rates completely ignore the reality of what it is to be an artist.

bibi87 Tuesday, January 17, 2017

I don't get why is it surprising, what they expected when 200+ new groups debut in one year?I think kpop industry should limit how many new artists could debut in a year, because it starting become a joke how kpop groups debut then disband after a short time. The problem is that there are too many idol groups. I remember back in 2007-2010 it wasn't a problem, but now, everybody wants to be in a kpop group.

mgcharli Tuesday, January 17, 2017

You will probably know who belong to which categories by their luxury cars. Just saying. BB and JYJ are quite obvious at the 1%. SNSD also. Shinee & EXO can be at the top 10% but not every member has a luxury car.

teleri Tuesday, January 17, 2017

How is this different than any other country?  Certainly is true here in the US....

Starlightwarrior Tuesday, January 17, 2017

Btob already told us this on Hello Counselor, only the top groups make good money, the rest barely make enough or the same anount as minimum wage job, actually I heard many unknown groups have part time jobs waiting for that hit song that will shoot them to stardom. Basically groups who do overseas concerts (frequently) are in the top 10% the 1% we all ready know who they are, and those who don't do overseas concerts are the other 90%.

BngTnLvr Tuesday, January 17, 2017

Is it just me or is this cycle really confusing?

Jseolhee BngTnLvr Tuesday, January 17, 2017

its easy.. total 100%: top 1%(of total artist) : 45% of 100% top 10%(of total artist) : 88.9% of 100% the rest: 11.1% of 100 so.. the top 1% is really contribute huge number..

Jseolhee Tuesday, January 17, 2017

i tried to use explain to you but the 'enter' isnt work.. so.. good luck :)

intricate BngTnLvr Tuesday, January 17, 2017

it's confusing because the statistics as presented here give a false view of reality. It assumes that artists work full-time, when actually they work on a project, and then for another project. The time between projects can either be very long or incredibly short. Popular artists simply have more of these projects, and they generally can demand higher compensations for them. That said, if such a popular artist does only 1 or 2 assignments per year (say.. 1 single and maybe 1 minor endorsement deal), it's perfectly possible for them to earn less than "minimum wage", assuming a yearly minimum wage.

no_tofu_speed Tuesday, January 17, 2017

I'm not sure what the current figures are, but I'd be more interested in the difference between what the K-Pop industry makes per year vs the amount the artists make combined... And I'd say the top artist's revenue, a large percentage of that is from other activities such as advertisements etc.

Classico Tuesday, January 17, 2017

Most of the people in the top 10% are producers, song writers, singers who own their own record labels, singers who invested in stocks/land/restaurants, etc. Idols don't make that much. People keep mentioning Twice but fail to realize that Black Eyed Pilsung who produces their music as well as Park Jin Young who founded JYP make far more than them.

universalkpopfan Classico Tuesday, January 17, 2017

I agree w/ u, even the most popular idol now wont be included in the 1% because i heard 50-70% of their earning goes to their agency.

Ryen Tuesday, January 17, 2017

Again, how is this news? It's common knowledge that the entertainment industry has some of the most skewed pay distributions. @jennywill are you running out of things to write about?

Winston Tuesday, January 17, 2017

I saw a recent report also that the Top 8 Richest man in the world, have a wealth of almost half of the world's population. its just as bad in the entire world, the gap between the top richest and the rest of the world.

bangeryun94 Winston Tuesday, January 17, 2017

The disparity is overwhelming.

thescaredy4 Winston Tuesday, January 17, 2017

lol I saw it too

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