The 'Big 3' head into an intense month of problems (1 Viewer)

[VillageIdiot]

The 'Big 3' head into an intense month of problems


YG:

• Yang Hyun Suk's alleged prostitution mediation scandal.
• Loss of 500 billion won in total market cap

SM:

• Controversy over discredited capital outflow
• EXO members military enlistment

JYP:

• Crisis in the wake of GOT7 Mark's scandal
• TWICE's member Mina and Dahyun health problems

The entertainment industry is at risk due to a crisis triggered by YG Entertainment's scandal.

The YG scandal that includes former Big Bang member Seungri and YG CEO and executive producer Yang Hyun Suk is casting a dark cloud over the entire local entertainment industry.

MBC 'Straight' that aired at 10:05 pm KST Tuesday once again raised suspicions of Yang's sex services as they revealed testimonies of Madame Jung, who's a key figure in the case. The police secured testimony from Jung who alleged that Yang Hyun Suk directed her to mobilize 10 prostitutes for an arranged trip to Europe and testified that Yang Hyun Suk's previous statements "that he didn't know why she mobilized the women" are false. If these testimonies are proven to be correct, it could bring another storm to the entertainment industry.

SM is known to be considering various reduction measures including issuing dividends and self reflection in connection with alleged suspicious activities surrounding a private company owned by its company founder and general producer, Lee Soo-man. However, prospects for the 2nd half of the year are uncertain as the company has lost trust from its shareholders, 2 members [D.O & Xiumin] from main group EXO are enlisting in military and their rookie group NCT has yet to expand its profile sufficiently

JYP that had seemed relatively stable is also showing signs of instability as the company suffers from rumors involving GOT7 group member Mark involved in Jung Joon Young's [hidden camera] scandal. TWICE members are also suffering from fatigue as members Mina and Dahyun are missing schedules due to health problems.

Shares of the 3 companies have been falling repeatedly and the market on Tuesday was a disaster. YG's shares continue to plummet and have lost market share of over 500 billion won. SM's shares that stood at 47,000 won have now slumped to 38,500 won. JYP also saw its shares fall more than 30% from 32,500 won in April.

The problem is that there is no foreseeable end to this crisis. Many in the industry are concerned that if the YG-related investigations continue and the 'Big 3' companies continue this downturn and decline in future earnings, the outlook for the entertainment industry is bleak and is cause for huge concern.
Article: Gloomy cloud hangs over YG, SM, JYP... entertainment industry at risk

Source: Munhwa Ilbo via Nate

Article talks about YG's prostitution scandals, stockholders losing trust in SM due to controversy over their outflow of funds, as well as EXO scheduled to enlist this year, and JYP's recent stroke of bad luck with Mark's dating rumors and Twice's latest injuries.

1. [+942, -28] Can't even stand YG anymore

2. [+729, -34] JYP did an all in on their all Japanese girl group and their stocks have been on the decline for half a year now. They're at their limits with Got7 and Twice as their stocks continue to plummet ㅠㅠ

3. [+47, -3] Honestly, only the stupid fangirls of these agencies are the ones worried for them ㅋ As if anyone cares that a big corporation like any of them are at risk right now

4. [+36, -10] Don't know about SM and JYP but YG is probably hitting their biggest crisis right now. I bet they'll be completely bankrupt in a few months.

5. [+27, -6] The 'top 3' has no meaning anymore

6. [+27, -9] I get that JYP's kind of problematic right now because they have a lot of Japanese members but it's unfair to associate YG in the same title as them

7. [+25, -15] Let's focus the hate on YG, leave SM and JYP alone...

8. [+20, -4] If you looked into any of the three agencies, you wouldn't find anything clean, I bet. JYP is so bad at producing male idol groups.

9. [+19, -4] Kim Yong Ho, an industry department head, talked about this on YouTube. He talked about how Hallyu brought in a wave of Japanese investments that helped solidify our entertainment companies before turning over to Chinese investments, but they're all becoming slaves to Chinese money now, including SM... He predicted that they're going to crumble under the pressure of Chinese investments, the most representative example being Fantagio...

10. [+17, -2] Park Jin Young just wasn't meant for anything international, it seems

11. [+16, -0] These companies can fail all they want, they're probably all rich enough to not worry anyway

-

 

[VillageIdiot]

3. [+47, -3] Honestly, only the stupid fangirls of these agencies are the ones worried for them ㅋ As if anyone cares that a big corporation like any of them are at risk right now

 

[Bopper]

7. [+25, -15] Let's focus the hate on YG, leave SM and JYP alone...

This really. YG’s problems are on a whole other scale to what SM and JYP are going through. Also Chen’s sales as a soloist were good and Baekhyun reaching 400k pre-sales shows that EXO as individuals are more than capable of carrying the ship themselves whilst the group comebacks won’t be complete ones.

 

[RandAlThor]

The 'Big 3' head into an intense month of problems


YG:

• Yang Hyun Suk's alleged prostitution mediation scandal.
• Loss of 500 billion won in total market cap

SM:

• Controversy over discredited capital outflow
• EXO members military enlistment

JYP:

• Crisis in the wake of GOT7 Mark's scandal
• TWICE's member Mina and Dahyun health problems

The entertainment industry is at risk due to a crisis triggered by YG Entertainment's scandal.

The YG scandal that includes former Big Bang member Seungri and YG CEO and executive producer Yang Hyun Suk is casting a dark cloud over the entire local entertainment industry.

MBC 'Straight' that aired at 10:05 pm KST Tuesday once again raised suspicions of Yang's sex services as they revealed testimonies of Madame Jung, who's a key figure in the case. The police secured testimony from Jung who alleged that Yang Hyun Suk directed her to mobilize 10 prostitutes for an arranged trip to Europe and testified that Yang Hyun Suk's previous statements "that he didn't know why she mobilized the women" are false. If these testimonies are proven to be correct, it could bring another storm to the entertainment industry.

SM is known to be considering various reduction measures including issuing dividends and self reflection in connection with alleged suspicious activities surrounding a private company owned by its company founder and general producer, Lee Soo-man. However, prospects for the 2nd half of the year are uncertain as the company has lost trust from its shareholders, 2 members [D.O & Xiumin] from main group EXO are enlisting in military and their rookie group NCT has yet to expand its profile sufficiently

JYP that had seemed relatively stable is also showing signs of instability as the company suffers from rumors involving GOT7 group member Mark involved in Jung Joon Young's [hidden camera] scandal. TWICE members are also suffering from fatigue as members Mina and Dahyun are missing schedules due to health problems.

Shares of the 3 companies have been falling repeatedly and the market on Tuesday was a disaster. YG's shares continue to plummet and have lost market share of over 500 billion won. SM's shares that stood at 47,000 won have now slumped to 38,500 won. JYP also saw its shares fall more than 30% from 32,500 won in April.

The problem is that there is no foreseeable end to this crisis. Many in the industry are concerned that if the YG-related investigations continue and the 'Big 3' companies continue this downturn and decline in future earnings, the outlook for the entertainment industry is bleak and is cause for huge concern.
Article: Gloomy cloud hangs over YG, SM, JYP... entertainment industry at risk

Source: Munhwa Ilbo via Nate

Article talks about YG's prostitution scandals, stockholders losing trust in SM due to controversy over their outflow of funds, as well as EXO scheduled to enlist this year, and JYP's recent stroke of bad luck with Mark's dating rumors and Twice's latest injuries.

1. [+942, -28] Can't even stand YG anymore

2. [+729, -34] JYP did an all in on their all Japanese girl group and their stocks have been on the decline for half a year now. They're at their limits with Got7 and Twice as their stocks continue to plummet ㅠㅠ

3. [+47, -3] Honestly, only the stupid fangirls of these agencies are the ones worried for them ㅋ As if anyone cares that a big corporation like any of them are at risk right now

4. [+36, -10] Don't know about SM and JYP but YG is probably hitting their biggest crisis right now. I bet they'll be completely bankrupt in a few months.

5. [+27, -6] The 'top 3' has no meaning anymore

6. [+27, -9] I get that JYP's kind of problematic right now because they have a lot of Japanese members but it's unfair to associate YG in the same title as them

7. [+25, -15] Let's focus the hate on YG, leave SM and JYP alone...

8. [+20, -4] If you looked into any of the three agencies, you wouldn't find anything clean, I bet. JYP is so bad at producing male idol groups.

9. [+19, -4] Kim Yong Ho, an industry department head, talked about this on YouTube. He talked about how Hallyu brought in a wave of Japanese investments that helped solidify our entertainment companies before turning over to Chinese investments, but they're all becoming slaves to Chinese money now, including SM... He predicted that they're going to crumble under the pressure of Chinese investments, the most representative example being Fantagio...

10. [+17, -2] Park Jin Young just wasn't meant for anything international, it seems

11. [+16, -0] These companies can fail all they want, they're probably all rich enough to not worry anyway

-

your late yoda beat you.

 

[VillageIdiot]

your late yoda beat you.

 

[RandAlThor]

[NB] The 'Big 3' head into an intense month of problems - K-Pop Source — Keeping the K-Pop Forum Spirit Alive

Article: Gloomy cloud hangs over YG, SM, JYP... entertainment industry at risk Source: Munhwa Ilbo via Nate Article talks about YG's prostitution scandals, stockholders losing trust in SM due to controversy over their outflow of funds, as well as EXO scheduled to enlist this year, and JYP's...

www.kpopsource.com

 

[Walnutt]

I feel like JYP is perfectly fine in comparison lmao

 

[yeji]

 

[Walnutt]

It's okay. The nugus shall rise from the ashes

 

[VillageIdiot]

It's okay. The nugus shall rise from the ashes

That's...even worse

 

[Walnutt]

That's...even worse

Bitch CB are some of the nuguist nugus. You don't want them to rise?

 

[Darkseid]

It was revealed the Mark stuff was just false rumors, and Mina and Dahyun will recover lmao. The article makes it seem like JYP's problems are even in the same ballpark as YG, which is just

Oh also, ITZY comeback July 29th so

 

[VillageIdiot]

Bitch CB are some of the nuguist nugus. You don't want them to rise?

I don't want FNC to rise.
They support rapists

And my girls have pretty good physicals for nugus, thank you very much

 

[Walnutt]

I don't want FNC to rise.
They support rapists

And my girls have pretty good physicals for nugus, thank you very much

That is true. They sold more than double what WeMe sold

 

[yeji]

It's okay. The nugus shall rise from the ashes

rise fromis

 

[Evergreen]

It was revealed the Mark stuff was just false rumors, and Mina and Dahyun will recover lmao. The article makes it seem like JYP's problems are even in the same ballpark as YG, which is just

Oh also, ITZY comeback July 29th so

Well according to Knetzs JYP is problematic because they have a lot of Japanese trainees.

 

[VillageIdiot]

That is true. They sold more than double what WeMe sold

And Jiwon took #9 at individual Brand Reputation last month
This is why we stanticipate

 

[Walnutt]

And Jiwon took #9 at individual Brand Reputation last month
This is why we stanticipate

sigh

THERE IS ONLY ONE JIWON

 

[VillageIdiot]

Well according to Knetzs JYP is problematic because they have a lot of Japanese trainees.

People have an issue with them debuting an all Japanese girl group in Japan and calling it kpop.

JYP has always been called out for their greed so...

 

[VillageIdiot]

sigh

THERE IS ONLY ONE JIWON

Stan Both or you aren't invited