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"The artist who is believed to be able to contribute to profits other than BTS is SOURCE MUSIC's GFriend" — topdaily[.]kr
This article definitely says that GFriend is the 2nd Money Maker under BigHit and I know antis will disagree to this lmao.
!["The artist who is believed to be able to contribute to profits other than BTS is SOURCE MUSIC's GFriend" — topdaily[.]kr This article definitely says that GFriend is the 2nd Money Maker under BigHit and I know antis will disagree to this lmao.](https://pbs.twimg.com/media/EhdbtZVUcAEWq9x.jpg "\"The artist who is believed to be able to contribute to profits other than BTS is SOURCE MUSIC's GFriend\" — topdaily[.]kr This article definitely says that GFriend is the 2nd Money Maker under BigHit and I know antis will disagree to this lmao.")
This article definitely says that GFriend is the 2nd Money Maker under BigHit and I know antis will disagree to this lmao.
Why GFriend?, when their album sales only ranging 80K-90K compared to SEVENTEEN at NU'EST that sells 250K and 1M copies respectively per comeback.
but yea, I'll explain to ya'll. I am also enlightened after I read this article.
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but yea, I'll explain to ya'll. I am also enlightened after I read this article.
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Point 1
— Pledis' debt ratio has soared from 109.2% at the end of 2019 to 306.2% in the 1st half of 2020 due to an increase in borrowings related to an increase in borrowings related to acquisition financing and increased lease liabilities related to lease agreements for ++
— Pledis' debt ratio has soared from 109.2% at the end of 2019 to 306.2% in the 1st half of 2020 due to an increase in borrowings related to an increase in borrowings related to acquisition financing and increased lease liabilities related to lease agreements for ++
new buildings.
In addition, the dependence on loans increased from less than 1% to 24.5% during the same period.
In addition, the dependence on loans increased from less than 1% to 24.5% during the same period.
Point 2:
According to the BH’s disclosure, Source Music recorded 3 billion won($3mil) in sales last year & 90 million won($90k) in net loss for the year.
According to the BH’s disclosure, Source Music recorded 3 billion won($3mil) in sales last year & 90 million won($90k) in net loss for the year.
Point 3:
GFriend already paid the all of SOURCE MUSIC's debts on 2017.
GFriend already paid the all of SOURCE MUSIC's debts on 2017.
According to this data, it's saddening that SEVENTEEN and NU'EST isn't making smh money [or worse they don't even have] bcs the debts really sugarcoat the profits that they've been making.
all of their profits goes to their leases debts, thanks to PLEDIS financial management
all of their profits goes to their leases debts, thanks to PLEDIS financial management
that's why PLEDIS really need BigHit to manage that SEVENTEEN and NU'EST are making. and yea, BigHit can also help them to pay their debts in the future since BigHit trust the boys.
Meanwhile, despite of GFriend, selling only less than 100K copies per cb, they don't have a debt to pay. All of the cb and concerts profits goes to them and clearly, the reason why GFriend is second Money-maker of BigHit.
in conclusion, BigHit needs GFriend, aside to TXT, bcs they're will be one who will make profit for GFriend if BTS goes to Military.
yea I repeat, BigHit needs GFriend!
so buddies, be proud of GFriend
yea I repeat, BigHit needs GFriend!
so buddies, be proud of GFriend
Ctto
