Korean Entertainment: Perfect Cheating Life

Anyway, these complicated worldly affairs have nothing to do with Red Beibei and the others.

No matter from which perspective, Kim So Min and the sisters in the group are just little idols who live their lives seriously and work hard.

While public opinion was erupting on the Internet, on October 10, Taeyeon released her first mini album "I" and officially debuted as a solo artist.

Unfortunately, Red Velvet’s promotion period was less than a month, and Kim Taeyeon’s solo debut was only a few days later than theirs, so they didn’t get to meet Taeyeon on stage.

Kim So Min was watching the program on TV. On the settlement screen, Taeyeon's scores in all aspects were far higher than those of another candidate. Then, the host announced that Kim Taeyeon's "I" won first place.

She sent a celebratory text message to Taeyeon and was happy for her sister for a while, and then she heard Park Soo-young shouting happily.

Kim So Min turned her head and saw that the other members of Red Velvet all had happy expressions on their faces.

It was then that she noticed the text message alert on her cell phone - oh, it turned out that the company had announced the settlement, and the settlement amount was considered high in the idol industry.

The SM company (in the article) settles wages once every quarter, four times a year, and every item on the pay slip is clear and easy to see at a glance.

The salary is mainly divided into two parts: one is the salary shared equally by the team, and the other is the individual salary, both of which are calculated separately.

Personal resources include bubbles and peripherals.

For example, in terms of personal resources, the income distribution of bubbles and surrounding areas is as follows:

In Bubble, SM Entertainment takes 10%, Kakao takes 20%, and the remaining 70% belongs to the artist;

For peripheral products, SM company charges 20% and the artists can get 80%.

The salary shared equally among the team is the money that Red Beibei earns in the name of the team, including albums, endorsements, commercial performances, tours, etc.

Lee Soo-man has very high requirements for the quality of his artists' music and MVs, and often spends huge amounts of money on production. Kim Min-soo even goes so far as to describe him as a businessman with a strong sense of idealism.

The cost of Red Velvet's comeback this time was at least millions, including special effects production, album design, music production, publicity and promotion, etc.

However, after the money earned from their album was taken by multiple links such as publishers, websites, lyrics, composition, and arrangement copyrights, Red Velvet could only get 5% of the total sales.

The actual amount of money each member received is 5% of the total album amount divided by the number of people, so it is really pitifully small.

The real way idols make money is through commercial performances and tours.

For overseas tours, SM Entertainment takes 20% and the artist gets 80%;

For domestic tours, SM Entertainment charges 50% and the artist can only get 50%.

The prerequisite for a company to support an artist’s activities is definitely that there must be profits to be made. After all, the original intention of all companies is to make profits, not to be a charity.

Only when both parties benefit can this cooperative relationship become more lasting and stable.

But then again, Red Velvet hasn't had many commercial performances so far, nor has she earned much from endorsements of small variety shows. This can still be blamed on Kim So Min...

Kim So-min's status is there, so it's difficult for her to take on low-priced commercial performances like other seniors.

The company declined all invitations to the idol sports meet in August.

Even if Kim So Min thinks that ordinary commercial performances are nothing, her family and fans don't think so.

However, being so picky is not without its benefits, as the endorsements they accept are all from well-known brands.

For example, the new mobile phone endorsed by Sixing is a brand new branch, a high-end phone among high-end phones.

The reach that four stars give them is something that small brands cannot achieve. Not only are the endorsement fees expensive, but the quality is also high.

There are many more first-line brands. After adding and subtracting, Red Velvet's popularity has increased, and the settlement amount is also not small. The settlement of their last return was actually suppressed for several months.

Even a wealthy lady like Wendy's eyes sparkled when she saw the settlement amount.

These incomes can more intuitively illustrate the popularity of the Red Velvet group. They can make a lot of money!

These settlements were made after deducting a lot of amounts because the company spent a lot of money on the new special projects they prepared, and these expenses were clearly stated on the salary slips.

Their promotion period for the song "Dumb Dumb" lasted nearly a month. The stage setting was exquisite, and the stage alone cost nearly 100 million RMB.

There are also TV stations like Music Bank and Inkigayo. It is not easy to be on the shows and you have to pay for it out of your own pocket. In addition, the stage styling and costumes for the promotions, even if Kim So Min brings her own luxury brand clothes, the company still spends a lot of money.

The year Red Velvet debuted, the company was operating at a complete loss. Not only did it not make any money, it even had to pay money to support them.

If it were not for this, relying only on the 283 won (about RMB) appearance fee given by the TV station each time, the group would probably have disbanded long ago and the members would have gone out to work to earn a living.

It looks miserable, but in fact, compared with those idol groups that debuted from small companies, Red Velvet who debuted in SM is already lucky enough.

Groups from small companies cannot get any of the money they earn in the early days of their debut because most of it is used to repay the company's debts for their investment in them.

SM is now the most generous to artists among all companies, and does not require debuted artists to repay their debts.

Some obscure bands from small companies may be burdened with debts from the moment they debut, and may not be able to pay them off until the end of their seven-year contract, and may even be left penniless after the contract is terminated.

Why do many people only follow the three big groups? Because there are too many small groups that disband as soon as they debut.

At least the three major groups can last longer and can afford the money for promoting their songs and coming back, instead of disbanding directly due to poverty.

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Bae Joo-hyun took the initiative to offer to treat her younger sisters to a meal. Although she and the other sisters did not express their feelings directly, their gratitude to Kim So-min was beyond words.

Bae Joo Hyun: "If we have a dinner party, what would everyone like to eat?"

Wendy: "I can do anything. Now that we're done with the promotion, we can treat ourselves!"

Jin Yilin danced with excitement: "Of course it's barbecue! Meat! Meat!"

Seulgi was not to be outdone: "Fried chicken, grilled pork belly!"

Park Soo-young: “I can do anything.”

Kim So-min: “I don’t think there’s anything I really want to eat…”

The sisters all wanted to eat meat, so we finally decided to have a barbecue together.

Anyway, Peninsula doesn’t have Korean beef and watermelon, and there’s nothing to eat besides barbecue…

Food deserts are also good, as they help her lose weight.

Kim So-min could go to any store and agreed to their suggestion.

Bae Joo-hyun made a reservation at the barbecue restaurant early.

At night, several young girls dressed in casual clothes and without makeup ran to the barbecue restaurant.

As soon as they sat down in the private room, Bae Joo Hyun put down the menu and said generously: "Kids, order whatever you want."

Following the captain's order, the members cheered and ordered dishes without restraint. They first ordered a lot of meat, regardless of whether there was anything else.

After all, they have eaten so much green leafy vegetables that their eyes are turning green.

Plates of fresh meat were brought up, sizzling and smelling delicious.

The girls indulged themselves, ate to their heart's content, and consumed a lot of calories.

Although Kim So-min didn't eat much, she still had her fill.

The adult sisters started drinking, and Bae Joo-hyun drank a whole bottle of Jinro Soju by herself.

She sat next to Kim So-min, and every time she lowered her head, Kim So-min would mistakenly think that she was drunk and unconscious.

Kim So Min asked her, "Are you drunk, unnie?"

In fact, Bae Joo-hyun has a good alcohol tolerance and was not drunk at all.

She hugged Kim So Min and said, "I'm not drunk, I'm sober, I'm just too happy."

This comeback successfully solidified their professional status, and tears sparkled in Bae Joo-hyun's beautiful eyes.

When everyone had almost finished eating, Bae Joo-hyun didn't eat much, but drank a lot of wine.

She stood up and held out her hands to a few people: "Kids, we really did it..."

At the end of her speech, her voice had a distinct tremor of crying.

Who could have imagined that this year's powerful Red Beibei was badly criticized by netizens and haters last year?

"We are great. Let's keep working hard together."

"Inside!"

Bae Joo Hyun took the lead in cheering: "Children, there will be a day when everyone in the audience will be cheering for Red Velvet!"

The three older sisters, along with the underage children Park Soo-young, Kim Ye-lin, and Kim So-min, put their hands together and cried out their slogan: "happiness!"

The sisters who said they wouldn't get drunk ended up getting drunk.

In desperation, Kim So-min had to bite the bullet and call her agent to help drive them home.

When the agent sister arrived at the scene, she smelled alcohol in the air and knew that these kids must have drunk a lot.

Drinking moderately can be considered a way to relax. After all, the girls in Red Velvet are under a lot of pressure.

Looking at the red eyes of the children, she couldn't help but laugh and tease, "If you keep eating like this, I, your agent, will be out of a job."

"No, Red Baby will always need Eunnie's help."

Kim So-min supported Bae Joo-hyun and Seul-gi, who were already a little shaky.

Seul-gi behaved calmly from beginning to end, and was very quiet even when drunk, but the wet tears on Kim So-min's shoulders betrayed her.

Kim So Min looked at her sisters and smiled, "Ouni will not be unemployed. Believe us, Red Velvet will always walk on the flower path."