Doyouram reveals shocking facts about LOONA's payments

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  • Important points:


    • Loona supposedly had a predebut budget of 9.9 billion won
    • Jaden (Their former creative director) in his blog revealed that He once bragged that a project cost 10 billion Won (about $7 million) but in actuality it was only 2 billion won (about $1.4 million).
    • If the predebut debt wasn't $7 million but rather $1.4 million, the fact that Loona is still in the red seems bizarre.
    • Loona's first 4 projects would have grossed about 6.1 billion won ($4.3 million) and even if each project cost a billion won each ($700k) that should have still left them with around 2 billion won
    • Meaning that by 2021 they should have hit their break even point
    • The video then highlights the repeated statements of employees and contracted workers stating they weren't getting paid in 2021 as well as multiple lawsuits filed against BBC and its parent companies.
    • In spite of this, it appears that production quality has not slowed down leading to a belief that BBC may be lying about their financial situation.
  • Moderator

    Moved the thread from forum KPOP to forum KPOP.

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