Since nobody here is willing to play the devil's advocate, I will do that

Quote from K-Pop-Scientist

The terrible shame of this all is that they had so much money to start the group with..... how about you don't spend years taking plane trips around the globe with all the costs for the teams, food, hotels etc and just debut them like a normal group - using that money for songwriters, MVs, styling and comebacks.

If you go on their Youtube channel the amount of trips and content is insane - Paris, Tokyo, Iceland, London, Hong Kong, New Zealand, LA, all the MVs and shoots for individual members. Then the actual debut MV was underwhelming.

Should have debuted with this song, take one trip abroad for the MV and saved the others for albums or even a title. I don't know what kind of sales pitch the investors got but whoever did it needs some kinda salesman of the year award...

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I agree

This was their best song

Quote from Alex_Murphy

The problem is the 70/30 split, especially when the 30% share is then divided by 12 for each member.

When you're a nugu company, you cannot afford to be overly ambitious. You must set realistic goals and define budgets accordingly.

They apparently have 70/30 ratio for profit and a 50/50 ratio for the cost. The members have to foot 50% of the cost while getting only 30% of the profit. This kind of arrangement only makes the members deeper into debt with each comeback.

Quote from Dreamer95

Ya know, half of the forum considers me the ultimate villain anyway, so I have nothing to lose. Imma play the BBC's advocate for a bit, okay?

Like yall can trash this company as much as you want but these mofos have bills to play, okay? They went into enormous debt to debut Loona, got sued by one if their investors in the process and Loona failed to be that instant success that'd return their investment.

Like I've been talking about this since the beginning, Loona is too overinvested. These girls had MVs with 10x the budget of any JYP MV. And when I was mentioning that it is very suspicious, I remember someone said they have some huge company behind them but all of that was bullshit apparently. They overspent investor money, as a result they got sued. Girls signed up for it. There is no way they didn't know, when they each were getting individual pre debut MVs, that this is all for free, idols aren't stupid as you may think.

Due to Loona's failure to hit big, the company is basically bankrupt at this point. They won't even make money from Loona's 7 year career, they basically want to minimize their losses at this point. I don't support them but I do certainly understand them.

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despite the high investment and against many peoples claims, loona did turn in profits. bbc would have made 1 or 2 milion without exploiting the members. make a few milion more with puting the loona member in debt is only greed and wrong.

And they set up the contracts from the start. It wasnt a panic reaction to exploit the girls.

Still, no reason to have a 70/30 expense with a 50/50 revenue contract.

I do think fans are very quick to blame agencies, they are a business after all, not a charity.

But the contracts should have been clear on the amount of expected expenses the girls would have been expected to pay, is not like they were in control of that.

Quote from Dreamer95

Ya know, half of the forum considers me the ultimate villain anyway, so I have nothing to lose. Imma play the BBC's advocate for a bit, okay?

Like yall can trash this company as much as you want but these mofos have bills to play, okay? They went into enormous debt to debut Loona, got sued by one if their investors in the process and Loona failed to be that instant success that'd return their investment.

Like I've been talking about this since the beginning, Loona is too overinvested. These girls had MVs with 10x the budget of any JYP MV. And when I was mentioning that it is very suspicious, I remember someone said they have some huge company behind them but all of that was bullshit apparently. They overspent investor money, as a result they got sued. Girls signed up for it. There is no way they didn't know, when they each were getting individual pre debut MVs, that this is all for free, idols aren't stupid as you may think.

Due to Loona's failure to hit big, the company is basically bankrupt at this point. They won't even make money from Loona's 7 year career, they basically want to minimize their losses at this point. I don't support them but I do certainly understand them.

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You know who else can't claim to be too stupid to not know they were overinvesting? Your precious beloved ever so victimised BBC themselves. You really think the teenage Loona girls instructed them to drag out their pre-debut project for years, and spend millions they didn't have and they were powerless to say no? They made that call themselves. Not all of the girls were even with the company when the spending started. Despite what you think none of this gives them a right to not pay their employees.