Its a publicly traded company.
The reason the trainees have no debt is SM was so succesful they have enough cash to pay up front. But those expenses/liabilities have to be off-set by income.
Ideally each expense will have an associated line item and that will be part of category.
So training...
The agencies are fundamentally a private school that covers everything Idol like. The overhead for each trainee has to be assigned to the group that does finally debut. ie if they went thru 40-50 girls before getting to Aespa the cost of each girls time will get assigned to that line. This is...
My opinion on law is its a game. If you want to play you gotta get someone who is paid to only care about you. Why anyone signs entertainment contracts without a dedicated personal lawyer to explain ect. still blows my mind.
Particularly since so many Idols are from very well off families...
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