Display MoreActually the reason why JYP financial report is like this is because it's the only other big 4 that doesn't have any other activities besides idols
Others companies have other business to manage that sometimes doesn't bring as much money than the one they invest
For example SM also have a restaurant that was making SM lose much more money than what they invest in it
Also the money they get is spread out for all these activities managing SM C&C, Bubble, weverse, the company they created for concert during the pandemic etc....
While in the case of JYP they used to only have idols actors and they closed their actor department few years ago
Which means that the money their idol bring isn't use to finance other project and is directly infuse in their artist after
Not because they spend little on mv, promo etc....
Aware of that.
But if you see MVs of Twice for recent years, it screams low budget, given how much money Twice brings in
The budget only appeared for NMIXX (mainly CGI & greenscreen) and for this new ITZY comeback (which im surprised). Other than this, most of the MVs are very cheap-looking tbh
