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Credits: ystarnews
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SM, YG, JYP Report Record Combined Sales of USD$106 Million for First Quarter 2014
It has been a few months since we last looked at the financial health of the three major entertainment agencies. Now seems like a good time to see how they are doing in 2014. In May 2014, SM Entertainment (KOSDAQ: 041510), YG Entertainment (KOSDAQ: 122870) and JYP Entertainment (KOSDAQ: 035900) posted their 1st quarter financial results (For the period 01/01/2014 to 31/03/2014).
The results were interesting to see the least and there is a lot of information to digest so here is a brief summary of all the information we are about to cover in the rest of the article
- Total combined sales for first quarter 2014 from the three agencies was approximately USD$106 million, which is a USD$33 million increase compared to last year
- SM Entertainment’s total sales revenue was approximately USD$60.19 million, operating profit was approximately USD$4.27 million and net profit was approximately USD$2.59 million
- YG Entertainment posted total sales revenue of approximately USD$39.5 million while operating profit was approximately USD$7.4 million, with net profit being approximately USD$5.2 million
- JYP Entertainment posted a total sales revenue of approximately USD$6.79 million, with operating income finally back in the black at approximately USD$298,000 and net profit also in the positive at approximately USD$843,000
- All three agencies posted percentage increases in total sales YOY (Year over Year) while both YG and JYP saw percentages increases for operating profit and net profit
- YG Entertainment has broken their previous first quarter records, helped by the success of 2NE1
- JYP Entertainment has finally manage to post positive operating profit thanks in part to their merger last year
The numbers
First off, let’s talk numbers. It will help if you read up on how the companies were doing during the first half of 2013 in our previous article.
Just to make the comparisons between previous results contextually accurate, we will be assuming an exchange rate of 1000 KRW to 0.90 USD. Actual exchange rate is closer to1000:0.97 but given that these companies declare finances in KRW, there should be no major issues doing our general finance comparisons using the previous exchange rates.
YG Entertainment
YG Entertainment has been all smiles for the last couple years, posting constant healthy increases in total sales, operating profits and net profits. They have seen plenty of success in the last year thanks to continued interest in PSY along with the relative success of 2NE1and Taeyang during the latter half of 2013.
In first quarter 2014, YG Entertainment posted total sales revenue of approximatelyUSD$39.5 million while operating profit was approximately USD$7.4 million, with net profit being approximately USD$5.2 million. These figures are also fairly impressive when compared YOY. Total sales revenue is up 36%, operating profit is up 31% and net profit isup 33%, which means that YG Entertainment has once again beaten their own records and has posted their best ever first quarter results.
The success of “Crush” has helped YG Entertainment break their own records once again
These results were largely thanks to the success of 2NE1′s second album, “Crush,” which made up 13.5% of YG Entertainment’s total sales in first quarter 2014, bringing home approximately USD$5.35 million. 2NE1′s 2014 World Tour and Big Bang In Seoulconcerts also contributed positively to YG Entertainment’s first quarter results with total sales revenue of USD$4.57 million or 11.6% of total sales revenue.
YG believes that performances like YG family family tour will help to maintain their momentum
YG Entertainment also expects to continue this momentum through the rest of this year with the 2NE1 world tour concert, YG family world tour, PSY’s comeback and Big Bang’s comeback all scheduled to occur throughout the rest of the year.
(omitted parts not related to YG Entertainment)
Source: Soompi
PR Director Dara supporting Taeyang’s “RISE” album! Have you guys seen the MV? ^_^ If you haven’t yet, go go go => TAEYANG – 눈,코,입 (EYES, NOSE, LIPS) M/V
Source: @krungy21
Re-uploaded by: OhDara
YAAAAYYYYY HQ scans! Been waiting for this! ❤
Dara and Minzy’s tiny tops during final rehearsals! Video of that, juseyo! ❤
Awwww, my OT4 for the win! <333
Sexy backs! ❤
2NE1 and Xin being all cozy with President Yang. XD
Yay, we finally know what Dara said, kekeke! XD She said, “I will watch the movie well. ‘High Heels’ fighting!”
“High Heels” Jang Woo Hyuk- Sandara Park – Kim Junsu “Cha Seung Won and Jang Jing, Fighting!”
Sandara Park, “How to follow me and get this fun look?”
“This hat will become a trend~”
“I will watch the movie well. ‘High Heels’ fighting!”
Credits: sportsseoultv
Wow, this is super HQ, 2160dp! ❤ Much better way to enjoy our Dara’s sweet, sweet smile! ❤ Too bad we can’t hear what she was saying over the sound of the camera shutters and people. XD
140602 Sandara Park Photo Wall at “High Heels” VIP Movie Premiere
From another angle! And still HD! ❤
[FANCAM] 140602 Sandara (2NE1) at VIP Premiere (Lotte Cinema, Konkuk University) by drighk
Dara attended a VIP premiere last night for “High Heels” starring Cha Seung Won. ^^ Almost all the press titles were the same, commenting about her “vacation” or “summer” look, with her fedora and green, striped dress. ^_^ It’s like she decided to come to the movies after just coming in from a vacation at the beach! ❤ Her “beach fashion” was well complimented. ❤ Add that to her baby face (the usual, “can’t believe she’s 30!” bits), bright smile, glowing skin, and slim legs, and that’s the summary of all the press titles. XD
Among those who attended the VIP premiere were Choi Ji Woo, Kim Junsu (JYJ), Jang Woo Hyuk, Shin Hyun Jun, Jo Jin Woong, Kim Sung Kyun, Yoon Jin-yi, Lee Da-hee, Cha, Ye-ryeon, Im Seulong (2AM), Choi Kang-hee, Yoon Kye Sang, Ko Joon Hee, Chansung (2PM), Shin Ji Soo, Song Sun Mi, Ko Sung-hee, Yong Hwa (CN Blue), Ju Hyun (Spica), etc…
More and more and more after the cut and in the gallery!
Awww Dara, it really hurts hearing your voice crack up when you cried.. T_T Stay strong and we love you all the more for putting your heart into this endeavor! ❤ You can hear her parting words in the video that Media Volume uploaded.. ❤
Credits: MediaVolume891
From @21TASTICBABY :
Dara going to start on a corner called Star cut (?) But all these endless adverts lol
D: your wife is so lovely and wow.. I’m so jealous of you When I get married I wanna be someone similar to your wife
The listener’s wife was described as cooking well, tidying the house well & etc that’s why Dara said she wants to be like tht~
D: latwr when I have kids, I wonder how it’ll feel when I go with them to the place where I grew up
Dara says she’ll bring them to Busan since that’s where she grew up (childhood years)
D: Ah grandma’s cooking is really delicious right… I hope your grandma lives healthily for a long time!
D: I think the most nervous moment recently was… when I met Volume audience for the first time this week!
D: Ah I want to experience that kind of nervousness too.. (of meeting someone you like I think)
Dara reading a story about this person who’s having a long distance relationship and it’s hard to meet each other
The listener feels sorry towards his girlfriend and wants to treat her better & cherish every moment
the story now is about this listener’s youngest son who’s learning hair-cutting (?) and her worries for her but she believes in him
D: Ah your youngest son is so outstanding. Taehyung-ssi (the listener son’s name) fighting!!
D: How happy is it to have someone who’ll always be by my side? I’ll be giving you a present~
D: “DarD good work! It was fun and you’re the best! Thank you for the memories and please come back again”
D: It’s already the time to leave the Volume audience.. I thk I’ll miss the Volume family
D: Volume family.. We’ll be even happier (her last sentence) and she’s closing with Gotta Be You
D: Tmr Yoo-DJ that everyone is waiting for will return.
Dara kept thanking the Volume audience for the great time and good memories during her 1 week stint
From @DearDara1112 :
Dara guest now eunjungssi and she said it’s honor to meet her. Dara unnie? So she is younger than her kkk
She said sandara park is so pretty but today it’s official they met haha so cute
Dara just said excuse me twice when eunjung read the story haha how I suppose to talk? I think they imitated story now about married again
Omg dara voice effects daebak lol and eunjung said she accepted dara heart in the drama. And they said ah it’s embarassing lol
Dara ask her have you met this kind of situation? Dara said ommo is so cute and now other story again still about love story
Dara ask her have you met this kind of situation? Dara said ommo is so cute and now other story again still about love story
About how embarassing situation when you with your boyfriend and now talkin about how smell the boyfriend feet hahaha she said like movie
Dara imitated people that saw her friends doin affair and she said ah what should i do never stop and enjung is crying
They doin drama again whoaah darama is really good imitate many people aaah we want darama juseyo
Enjung said I’m act like aunt goodbye right? Hahaha and dara said when they in 2ne1 dorm and I heard ballet? I can’t get it really clearly
Dara said in 2ne1 member cl is the most sexy one makin her jealous again mentioned chae kkk
Eunjung ask dara have you meet someone since she’s debut as girl group? And dara answer with laugh and suddenly gummy song I’m sorry now
Dara think mole is sexy that’s why for her chae is sexy daraya you can also make fake mole haha
And dara just greet listener again as special dj and it’s her last day. And they doin other drama again eunjung read it first
Dara said in the past the way she bought something when she like it she said it’s mine that’s all haha and Eunjung talk about toilet story
Dara told about when she met lot of friends in school and they way she’s playing with them and enjung said about playing card im coffee shop
Dara really comfortable around Eunjung and they already like best friend talkin in really high tone aaah whoever this Eunjung I love you
Dara said she also try really hard when she’s study in Phil related to listeners story and now song with baby backsound so cute
Dara open second segment with reading present for volume up family listener as usual and she’s being excited by her self kkk so cute
Dara read about other story. Music love and all. Even don’t know the name each other in that time. When the man waiting for her girl singing
The man playing piano falling slowly and the music is very beautiful dara read first text dara said maknae is so quite
Read about wedding tape and it such a waste if no video tape and dara said can use also cd cause dara only know thunder video tape in kids
Dara read other text and will give her song as gift and dara just said you are amazing dara said how great you treat your parents
Dara just said she’s envy to listener text about her married life. I really envy you, I hope someday I can meet someone and marry like you.
Dara also answer so many love questions really pro dear mr future husband of our sandara. You are more than lucky to have her, I swear.
Dara talk about when she had kids she’s curious what the feeling must be really happy
Listener talk about buy a cat and Dara talk about how lovely cat smell is kyaah dara is every cat omma kkk
So dar wants to become a good wife just like listener wife. Cook well and do all home related works great. Don’t worry you will be @krungy21
Dara also want to bring her future kids to Busan her hometown aaaw sweet dara
The listener story about grandma and how she life good with her Grandma and dara give present for her and listening to music again now
Before that she also mentioned about film that make her cried. Dara play this song now is other acoustic song. Dara really love acoustic♥
This song dara dedicated to the listener before. The song lyrics so beautiful. Wishing grandma to be healthy everyday aaah heartwarmin
Dara read other text about the listener busy to take care of her kids. Dara said she’s not lying I’m near crazy thinking about marry life
Dara laugh & giggle really happy she’s said my heart is dugun dugun hahaha she’s so cute and now other acoustic song by ssancoustic playlist
Dara also said she’s nervous when she met volume up at first time just like meer someone you like kkk daraya
The listener is in usa now and have girlfriend. And talking about how the realitionship goin from happy until tiring to argue
Now song playing is ost from Angel Eyes that Seungri playing here. One of ma favorite song that makes tears comin 😦
Dara read other story about the listener kid have hair style like dara. And dara fighting them and dara said fighting for the hairstyle lol
Dara just close the segment now. Let’s be happy till the end with the love story of waiting for boyfriend in coffee shop. Will it be awkward
Dara said envy to the story before. And now she reading about people tough about djdara
The listener said dard is good dj and she said she will come again next time. And volume up family is cool and now she’s reading it sadly
Thankful everyone and dara cry voice now aaa daraya
She crying now omg dara said she’s been really thankful for everyone who become with her. Daraya don’t cry
Dara closing last djdar with 2NE1 song it’s gotta be you
oh-dara.com 
Written by blackjackbelle
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