Remember the debate whether YGE made 4K or 40k??

Discussion in 'K-POP' started by lookinglass, Nov 14, 2019.

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  1. lookinglass

    lookinglass Celebrity

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  2. sandybee3

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    Ain't your buisness
    There is already a Thread with the same tweet.
     
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  3. lookinglass

    lookinglass Celebrity

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    It’s not the same topic.
    I’m giving an important lesson here about basic finance...
     
  4. stan12345

    stan12345 Rookie

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    How was the forecast so off
     
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  5. whateverwonwoo

    whateverwonwoo Public Figure

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    well then..... I'd like to say there's no way but up but it's doubtful at this point
     
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  6. L_catzzz

    L_catzzz Idol

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    The real question right here.....
     
  7. gh05t

    gh05t Chaotic Sadist

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    That's a really big electricity bill YG forgot to pay
     
  8. stan12345

    stan12345 Rookie

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    That's a material difference as well - poor forecast regardless
     
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  9. Stats

    Stats Super Rookie

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    Damn, reading that thread now is so fucking hilarious.
     
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  10. L_catzzz

    L_catzzz Idol

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    Well, I wouldn't be too sure about it. SM and JYP made negative net profit in the past for a couple of quarters and even years, and they still hold on. Same goes with FNC and Cube.
    [​IMG]

    2017: .SM -4.70 Billion KRW (Negative 4.3 Million USD)

    It depends if the situation continues on to be like this for how much longer. If it's too long, they might not recover.
     
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  11. oceaneyes

    oceaneyes Rookie

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    350 million revenue and minus 4.3 net profit :confused:. Man what is sm doing with their money.
     
  12. gh05t

    gh05t Chaotic Sadist

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    LSM is embezzling it.
     
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  13. Valent04

    Valent04 Super Rookie

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    Sounds right
     
  14. L_catzzz

    L_catzzz Idol

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    SM stans said it's because of investments. SM did bought a lot of companies that year and some other investments. Also, they have investments that's losing money or operates in negative/loss like their karaoke branch. They recover the following year after more acts successful releases & returns, and after they remove/ liquidated the bleeding assets.
     
    #14 L_catzzz, Nov 14, 2019
    Last edited: Nov 14, 2019
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  15. JinWifeu

    JinWifeu Rookie

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    TWICE SAVED JYPE
     
  16. JinWifeu

    JinWifeu Rookie

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    YG went bankrupt
     
  17. asuka16

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    So no bonus for YG employee? Bummer
     
  18. lookinglass

    lookinglass Celebrity

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    Bonus is the last thing on their mind...

    They need focus on survival. Whatever YGE is doing now is not sustainable,
     
  19. Xoxo7

    Xoxo7 Celebrity

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    We want yg to go bankrupt
    Lose more :omgr:
     
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  20. Xoxo7

    Xoxo7 Celebrity

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    LOL looking on what they are planning to do now doesn't seem like they want to survive.
    Giving Winner a CB,giving a group from the 90s a CB,debuting T13...
    Maybe giving BB a tour is a good option.
     
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