I've heard that there's a range of $60,000 to $200,000 a year for v-pop artists who are signed by music labels. Some v-pop artists work independently on YouTube and get millions of views on their videos, but many talented artists have left the industry because their YouTube views didn't generate enough revenue. The industry is super competitive unless you're signed with a music label or already viral.
I always assumed it was 200k+ but I guess it depends on their industry and how it is set up. I am sure record labels take a HUGE cut of their money. The ones who go on tour likely make a lot more.
@kikobeep agree with you! Cause you get all the profit. Only down side is, it's all on you! If you invest and launch a product that fails, that could delay your next product or end your career.
That explains why so few companies exist and most Vpop artists are self-employd or have their own agency. I notice this a lot with soloists. Chi Pu for example is with GOM Entertainment which is basically herself.
@uni5fan99 Yes, I'm seeing more and more artists starting their own company but they don't really sign other artists, do they? I think M-TP can hire other artists because he's making a lot of bank.
@thanggalang I don't think they do. If you look at the bigger names outside M-TP, Erik label is called ENS Entertainment and I don't see anyone except him as their artist. So ENS is basically is just him being self-employed artist and CEO. But he does have a few staff working for him. Only companies that can call themselves a real company are ST.319, 6thSense, Dreams Entertainment, M-TP Entertainment, MCV Media, WePro and 1989's Entertainment. There are probably more, but those are the ones that has more than 1 artist signed to them.
@uni5fan99 I agree with you. You know your stuff when it comes to this industry. Also, SpaceSpeakers since they have like 5 members. K-ICM has his own company too and I think he works with many artists. The smart artists and music producers are the ones who open their own company.
I remember when ST.319 started off as a dance cover group. It's amazing how much they have evolved and they all artists they've helped along the way (Min, Erik, Monstar, AMEE).
I hear you! I think it depends on a lot of factors. It's true that the industry is highly competitive unless you're already viral or signed with a big label, but the industry is also very new. I have to imagine that there are tons of opportunities if you're willing to work really hard and really creatively, especially considering how young many of these viewers are.
That said, I'm curious about whether there are other ways that Vpop artists can make money in this industry, besides getting signed by a label or hoping to go viral. I've heard that signing with labels can be risky because they take such a large percentage of your revenue. I'd love to see if anyone else has any thoughts on this!
@vietzone Vpop is still pretty new compared to Kpop which started in the early 90s. Vpop also had a rough start but it's getting better every year now. I'm seeing less plagiarism and cringe in Vpop now.
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