Yeah I know that but it's been said that Hybe was going for BP's brand deals.
that's fake news. netizens on X used an alleged HYBE employee's post on a job platform similar to Glassdoor "Blind, claiming that HYBE secured them ambassador deals to compete with Blackpink. employess in SM post comments on that site too to make an idol look bad. It is not a reliable source.
https://www.statista.com/stati…64216/ador-sales-revenue/ Ador was red in the first half of 2022 during predebut promotions. they had 19 billion won sales revenue at the end of 2022. ADOR logged an annual revenue of 110.3 billion won in 2023, which is a more than fivefold increase compared in 2022.
How much did ador paid then?
I dont see groups ever declared the amount of their training debt they had exactly, Idk why u ask that question. But hybe confirmed it to dispatch that they had paid back the training cost. people on X spread the mistranslation. btw, newjeans debut cost 16 Billion won which included trips to overseas to film their music videos. this amount also covers staffing fees, admin costs, and more. Patk Si Dong and Kim Eo Jun have reported that Illit received 150 Billion won for their debut
The reports are saying newjeans members trainee debt was left to source music after ador was created... they also didn't had pre debut costs at all... in what could possibly hybe expend almost 20 millions dollars in newjeans? Jyp expend less than $1M in the entire twice debut, even loona company expended way less in 3 years with all the pre debut promotions
Dispatch reported that although Min Hee Jin took the members of NewJeans from Source Music, she had indeed paid back Source Music for the members’ training costs up to then. In a mistranslation, fans mistakenly believed that the “training costs were delivered to Source Music to handle,” when in actual fact, the correct translation of Dispatch’s article should be that the training costs were paid back (delivered/given) to Source Music by ADOR.
