Where is NJZ getting all their financing from now?

I hope the label doesn't get revealed so people do not crap on it.

Quote from DaisyTheGenuine

The saudi public investment fund literally have theirs hands in everything you could think of, I heard their yearly budget is something like $500B. They’ve already invested $500M into kakao so a few Ms here and there for an NJZ startup is light work. When you have oil money the possibilities are endless 🤩

Quote from BEG4DAWIN

Sony Music?

Warner Music?

Sony is a good shout since their rival is UMG which has HYBE so I can see why they’d want NJZ

Quote from bangmenah

Which stronger supports they may have formed their own

Whether their own agency or other, the point is, their activities so far don't really need that much investment.

The heavy costs would be in

1. Concert tours

2. Manufacturing Physical albums and merchandise

3. Music Video production

4. Music production buying tunes/lyrics/arrangements/studios etc.,

5. Promotional activity.

Even 4 & 5 can be managed with good connections, and smart strategy.

It is only 1, 2, 3 that need larger costs.

So NJZ so far haven't done those, therefore need no large investments.

A better question would be, are they getting any income from streams, CFs etc from their New Jeans days?

themselves???

MHJ

currently they've done nothing that would require large amounts of financing