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Kpop idols who managed to single-handedly saved their own agency

Their companies were either on the brink of bankruptcy or no-names before these Kpop idols. 

Kpop stans always pay close attention to entertainment agencies, as these companies decide and manage all activities and opportunities of their favorite idols. Basically, Kpop idols and their agencies are in a partnership with mutual benefits, and if the idols grow, then the company will develop with them. In fact, some idols became so big, their companies earned such huge profits they started to consume others. 

HYBE BTS
HYBE Labels is leading in profits in the Kpop industry. 

HYBE Labels

Before becoming HYBE Labels, this entertainment company was known as Big Hit Entertainment. Prior to BTS, this agency was under heavy debts due to the utter failure of their previous girl group GLAM. At the time, management even wanted to delay the debut of BTS and made RM (previously Rap Monster) a soloist. 

HYBE BTS
RM almost became a soloist since Big Hit was struggling to pay debts incurred from GLAM. 

However, the company decided to pull out all their resources and created the BTS we know today. Not befalling Big Hit’s expectations, BTS has now become world-famous, with great influence on both the Kpop industry and the economy of South Korea. 

HYBE BTS
BTS brings enormous profits for HYBE. 
HYBE BTS
BTS was appointed Presidential Special Envoy at the United Nations. 

In 2021, Big Hit Entertainment finally became HYBE Labels, and started to purchase various competitors like Source Music, Pledis Entertainment, KOZ Entertainment, and Ithaca Holdings. At the moment, HYBE is the most profitable among all Kpop agencies, with the super successful BTS, as well as other famous artists under their sleeves like SEVENTEEN, TXT, ENHYPHEN, LE SSERAFIM….

HYBE BTS
HYBE Labels’ current headquarters.
HYBE BTS
And their old location in an old office building. 

SM Entertainment

SM Entertainment has long been known as one of Kpop’s “Big 3”, and is the company behind multiple famous idols like SNSD, Super Junior, SHINee, DBSK, Red Velvet, aespa, and NCT. However, SM stans will remember the company’s prime time that began after EXO took the stage. 

EXO SM ent
EXO brought SM to a whole new level. 

During the golden age of EXO, this boy group accounted for 30-40% of SM’s total profits, and perhaps even more. Thanks to the vast popularity of EXO, SM now owns a super fancy headquarters which is situated right at the heart of Seoul. 

EXO SM ent
Before EXO, SM already owned a pretty impressive building. 
EXO SM ent
But their current scale is a totally different world. 
EXO SM ent
SM’s 3D billboard that has been going viral. 

JYP Entertainment

Out of all JYP artists, the girl group TWICE is probably the company’s biggest earner. It is rare to see female idols that do well both in physical and digital sales, but TWICE totally nailed it. The group also attracts a staggering number of fans, with their concerts constantly selling out. After TWICE, JYP Entertainment moved from a small street to a major road. 

TWICE JYP Ent.
TWICE’s impact in the Kpop industry is undeniable. 
TWICE JYP Ent.
JYP’s old headquarters, which looks rundown and even rumored to be haunted. 
TWICE JYP Ent.
 Vs their much more modern location now.

Source Music 

After collaborating with Big Hit Entertainment to debut the girl group GLAM, Source Music, like its partners, also went into bankruptcy, and even had to move into a gloomy basement. However, the appearance of GFRIEND basically saved the company from ruin. 

GFriend Source Music
GFRIEND is the reason why Source Music did not go under. 

In 2019, Source Music officially moved to a flashy building in Gangnam Seoul, before being absorbed by HYBE. In 2021, GFRIEND officially disbanded to the shock of netizens, and it seemed that despite being their agency’s saviors, GFRIEND’s talents were wasted. 

G-Friend Source Music
Source Music used to be in a cramped basement. 
G-Friend Source Music
Thanks to GFRIEND, the company moved to a much better location 
GFriend Source Music
Now it has become a part of HYBE Labels. 

YG Entertainment 

From YG’s establishment to this moment, BIGBANG and BLACKPINK are undoubtedly the top earners of this company. However, before BIGBANG, YG was basically a no-name in the Kpop industry, and the 5 members were shoved into a tiny room. With their astonishing talents, however, the idol group managed to rise and became the king of Kpop, and even YG’s founder admitted that it was BIGBANG that created YG and not the vice versa. 

Bigbang YG Ent.
BIGBANG basically brought YG to its current position. 
Bigbang YG Ent.
YG’s headquarters before and after BIGBANG. 

However, in 2019, heavy controversies surrounding this agency’s artists created a huge crisis. During this time, it was BLACKPINK that saved YG Entertainment from crumbling, and their song “Kill This Love” raised both YG’s revenue and its stock price. Now, BLACKPINK contributes the most to YG’s wealth. 

Bigbang YG Ent.
The current YG building. 
Bigbang YG Ent.
BLACKPINK earned impressive profits for their company. 

Thanks to their talents and popularity, these Kpop idols saved their companies from a sad fate, and this brings great pride to their fandoms. 

Source: Yan

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