8:46 pm - 03/02/2019

MOMOLAND’s Yeonwoo Reveals She Hasn’t Received Any Earnings Yet Since Her Debut

Yeonwoo appeared as a special guest in the latest episode of SBS’s “Village Survival, The Eight 2.” The show’s premise involves the cast solving the mystery to win 10 million won (approximately $8,900) as a prize.

When asked what she would do if she won the cash prize, Yeonwoo revealed, “I haven’t received any earnings yet since I made my debut. So that 10 million won would be my first earnings.” Yoo Jae Suk explained, “When a group debuts, their earnings usually go into covering all the agency’s expenses during the training period.”

She continued to say, “I’m still in debt. Every day is spent in a pile of debt.” Imagining what she would do with the prize money, Yeonwoo said, “To be honest, I’m still cautious when it comes to food because we have a limit on how much we can spend per meal. It used to be 7,000 won (approximately $6.2) but it’s been increased to 10,000 won (approximately $8.9). It’s been about six months since I’ve eaten beef, so if I win the prize, I want to eat delicious meals all the time.”

Hearing this, the others sympathized with Yeonwoo as they had all faced similar hardships in their early careers. They said things like, “Let’s let Yeonwoo find the prize,” “I’m not going to look for anything today,” and “She talks about it with such a bright expression but my heart aches.” Yang Se Hyung had everyone laughing though when he went back in competition mode and said, “I feel bad because everyone’s gone through that as a rookie, but I don’t plan to go easy on you.”

source: @soompi, soompi, naver
milkmp3 2nd-Mar-2019 10:30 pm (UTC)
milkmp3 2nd-Mar-2019 10:32 pm (UTC)
also, shes on a competition show dangling prize money in her face? thats fucked up. are idols compensated at all to make appearances on variety shows?
pepsi_twist9 3rd-Mar-2019 12:13 am (UTC)
I don't know if it's changed but my understanding is variety show pays but music shows do not.
lil_poisonfrog 3rd-Mar-2019 05:27 am (UTC)
Even if they're paid, Momoland probably all have debt still. It's crazy, but one hit song usually isn't enough to break even it seems. Gfriend didn't pay off their debt until before Fingertip era, AFTER Me Gustas Tu, Rough, and Navillera all hit big. For girl groups especially, it wouldn't surprise me if it takes longer because their album sales are much lower than the boys and that's where the money is made.
donaldjdrumpf 3rd-Mar-2019 07:46 am (UTC)
I also think one hit song prob wouldn't pay off the debt b/c there's not that much royalties from streaming and one hit song prob isn't enough for them to go on a big tour (ppl aren't gonna buy concert tix for an artist where they only know/like 1 song). I think Bboom Bboom is more famous than Momoland themselves are.
lil_poisonfrog 3rd-Mar-2019 08:40 am (UTC)
Yeah touring and album/merch sales are where it's at. Tbh you're not wrong about Bboom Bbom at this point...Baam didn't totally flop but it didn't make even make the top 10 on Gaon. Their company made a big miscalculation with that release imo. They need another really good song and concept this year or they could def slip back into nugudom. I've kinda noticed that popular groups from non Big 3 have less resilience to lackluster releases. Meanwhile wtv garbage BP or Twice release will do well lol.
tungatunga 3rd-Mar-2019 12:19 pm (UTC)
Album sales don't bring that much cash either, most times it's events and CF, and Momoland have a lot of this with success of Boom Boom and JooE popularity, but companies like to practice creative accounting so I'm not surprised that idols stay in debt for so long.
aures 3rd-Mar-2019 07:58 am (UTC)
yes! it depends on the variety show, but considering the cast of this particular show i'm guessing they pay quite decent for an appearance. music shows don't pay (like between 200~500$)
also, they get more well-known because of variety shows because a broader audiences watches it, so if they are able to get the ratings up they have a higher chance of getting invited back or on other shows = more money + higher changes of getting CFs etc,
donaldjdrumpf 2nd-Mar-2019 11:34 pm (UTC)
She should pull herself up by her bootstraps
nekobot 3rd-Mar-2019 02:43 pm (UTC)
Normally this is not surprising to hear at all but....Momoland had more than just Boom Boom, wasn't Joo-E a total cf queen after she went viral for her dancing? And Nancy gets cf deals for make-up and stuff? I know companies are deliberately secretive with their expenses and the cutoff for idols making money but considering they are always building more debt just by existing it really makes you wonder what the money making point is. I always thought once cf deals start rolling in that's when money is being made.
lizanka23 3rd-Mar-2019 06:33 pm (UTC)
money is being made. it's just these companies are being shady and make the idols sign contracts when they are young and inexperienced in negotiation, so they can suck them dry within the first few years of their career instead of seeing them as long-term investment. just something to be discarded away
nekobot 3rd-Mar-2019 07:58 pm (UTC)
Yeah I've had rants about this on here many times, it's straight up illegal yet they keep getting away with it. On top of all this I can't imagine what it must be like as a struggling idol to see companies rack up "expenses" on shit you don't want or need knowing you'll be footing the bill for it and it's taking you not just further away from the break-even point, but actually deeper into debt. Thinking of all the inactive nugu group members that have parents that live in Seoul yet have to keep paying rent for the privilege of sleeping in a bunk bed in a dorm with 5 other people alone is already so infuriating.
lizanka23 5th-Mar-2019 01:48 am (UTC)
yeah the only way i see things changing is if idols and entertainers in general in korea set up unions, strike, or do some actions, etc. with idols in particular i think companies chose them very young on purpose to mold them, so they can be "brainwashed" into seeing the company as always right (doesn't always work) and when you're young you don't know anything about labor laws, negotiation, especially about unions. also again it's seen as a more glamorous job and a lot of middle class and upper class people are entertainers (some working class of course that really have to struggle like eating only ramen for months, doing odd jobs, etc) so, for example, tech workers (usually considered to be very privileged jobs) aren't unionized even though that's slowly changing with game worker unions

Edited at 2019-03-05 01:52 am (UTC)
lightframes 3rd-Mar-2019 11:16 pm (UTC)
I don't really trust their company tbh
nekobot 3rd-Mar-2019 11:48 pm (UTC)
Probably the right idea!
myungung 4th-Mar-2019 05:18 am (UTC)
Momoland had a failed survival programme before, so that might have added to the costs. plus 9 members are pretty expensive.
then again, MLD does seem like a shady company.
lizanka23 3rd-Mar-2019 06:30 pm (UTC)
i don't trust these companies at all. there must be some terms in the contract where the company gets like 80% of what they make plus they make momoland members pay off pre-debut training as though the company was just some kind soul that lent them money and is not familiar with the "investing in your artists for bigger returns in the future " as a concept. they are a business so there should be no excuses. of course idols are not going to participate in strikes or collective bargaining because the job is seen as "glamorous" and higher in status compared to other jobs
lightframes 3rd-Mar-2019 11:18 pm (UTC)
I would love to see what artists could accomplish with a union. Just imagine these companies having to sit down with them and negotiate (and early in their careers, not just when they hit top fame).
lizanka23 5th-Mar-2019 01:59 am (UTC)
yeah and it would be good if the idols could negotiate before they start training too because i'm worried that the trainee system indoctrinates in idols a toxic work ethic where they feel like they have to keep working even if they are about to pass out from exhaustion. then this carries over to their actual career as entertainers. they learn early on that they are expendable to the company and working until ungodly hours is rewarded, so they feel like they can't be seen as not contributing enough to the group and not pulling their weight in a team and as a result they might not want to seem too needy or demanding during negotiation. it could result in less beneficial contract terms for them in the long run

Edited at 2019-03-05 02:00 am (UTC)
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