OKAY BUT i love that she's free to speak now that she's not under any idol contract and she's keeping it real w us, i'm not v familiar w momoland when they were active but i always thought daisy was cool and she actually rly sounds so cool and chill from this vid
i dont think so, momoland had a high take off cause of the very viral song bboom bboom, thats why she even got paid. And momolands case is different, their company was terrible. Only a little of their profit went to their debt. But the usual idol contract is 7 years, so im sure theyll pay it successfully sooner or later. But as she said she was only an idol for 2 years, and momoland wasnt that much of a gigantic group. But im not so sure how long these groiups you named were active, but i figure not so long. So they will for sure take so much more time till they get paid.
@@detergenthwachae Yuehua made them constantly tour throughout those two years all for no money, stupid time to stop giving them comebacks. Yuehua is so dumb.
It always happens when the KPOP IDOLs are free to talk about things that they were not talking about up until now .. because now there is no-one who puts pressure on them ..
Literally all idols have debts before they debut. I believe SM spent $1 million for each SNSD members because of vocal coaches, acting coaches etc. Once they famous enough then they make loads of money.
@@lalremruataralte1754 NJ are not the same as momoland. NJ was promoted pre-debut, was in bts mv, was the only hybe girl group debuting with all new faces. in a new label that didn't have debt from the auditions some girls came from. source music did.... they were heavy promoted, on a huge youtube channel. bighit had no girlgroup. people tuned in. then a worldwide kpop fanbase streamed their songs. ofcourse they have no debt.
Damn this is crazy, I work as a network specialist in the Netherlands. I earn around 70K a year. It is crazy if you see how much money those big companies make
to be honest, I heard a lot of the smaller companies really don't pay well like working at a fast-food place. For example, I heard the group CLC never got paid yet.
I think some smaller companies pay more but it really depends on if your song becomes a major hit. Crayon pop way made way more than 11 dollars an hour and was paid multiple times. But still much less than a regular us dollar job. She said she avgd something like 20k usd in actual savings a year but that's really only due to bar bar bar and most of the income money which is more than 20k went to the production company.
From is 9 hasn't been paid till this day they debuted on 2018 so that's creepy the girls are really good their vocals are far way better than leserafim and new jeans etc but they are very underrated so pls chechout their mvs
I did the math kinda and this means in two years of being an idol she made around 8000-9000$??? This is actually insane And Momoland wasn’t even a nugu group or anything omg
you forgot to add 150k , so in 2 years 160k+- , if she continues being idol , she basically makes 80k+- a year , assuming the group momoland is still success , if not , then lesser than that , and if the group isnt as success as that , then she will take more years to work to pay the debt .
I chalk that up to MLD, they are one of the worst K-pop companies in the industry from what I hear about them they are horrible especially what they did to momoland
The main issue with kpop idols is that the labels take the 90% of the benefits and leave the idols with crumbs. In addition to the fact that their career is very short since they're already considered "old" at 25yo and need replacement by younger kids. So basically they're left broke and jobless at 30.
@@SoulHydron yup it's the label and producers who take everything. And as you said, they pay the staff, makeup, managers, concert venues etc. and expect a high return on investment. At the end, barely nothing is left for the idols. It's not for nothing that kpop contracts are called "slave contracts"
@@wahahabuh nope. Even successful, idols get barely crumbs compared to the label and all the work they invest. In addition to the fact that they have to repay their trainee debts. The only rich idols are those who self-produce themselves bc they don't have to repay the producer. Only bts and Skz, that's it.
I think its gotten better for idols recently since this stuff has been making more and more news. Seems most newer idols are debt free, and at the same time its still wild how many stories you hear about idols never getting ANY money. I forget who, but I remember and idol talking about she wasnt paid her entire 7 year career, but she didnt think it was a big deal because she got most things free especially her necessities paid for. I feel like this is why when idols are on shows they seem super surprised when they get stuff for free, and are especially happy when they are eating out. Its crazy because most of the perception I see a lot of people have is that their favorite idol, or a certain group, is just rolling in mountains of cash, but I think they have it confused because of the few actually successful and rich idol groups, and they are comparing it too much to Western artists. Idols dont normally make nearly as much because their contracts are more similar to an older version of what Western contracts used to be. Plus, you have to account for, when it comes to sales the more members are in a group, the more splits there are, and the more splits there are, the less each member is going to get. Lets say they are working with a simple 70-30 split. Its not like if an album sales for $10, each member of an 6 member group gets $3 out of every album sold. No. That $3 would be divided amongst those 6 members each sale of the album. There are definitely rich idols, and ways of getting richer, but thats also why you see some idols so willing to pack their schedules with variety show appearances because thats a performance fee payment and thats solely for them. I even think it was Sandara who said she got rich off doing sponsors alone and made nothing doing idol activities
i almost wonder if she IS under a NDA, but just doesn't care about it? if she's living overseas it might just be not worth it for MLD to go after her, or maybe she was under one but it ran out yesterday(?) MLD abandoned lapillus's trademark because of unpaid registration fees, so i wouldn't be surprised if she got lucky and they just forgot to make her do one
people complaining that YG mistreated their idols but don't realize that compared with other companies, YG paid their idols well and they don't have a debt like this!!
@@beelegend1694Right. I understand the hype of wanting to join a bigger label as a trainee. There are plenty of great groups from small or mid- sized labels, but considering you're going to be attached to a slave contract either way, it makes more sense to fight to debut under a label that can almost guarantee success and a decent paycheck.
@@Rose0004small companies are already in debt to debut a group since the cost of the mv budget and so on is already so much. Like with ateez, I can’t rmbr how long it took them but they finally paid off the debt kq had like around 2020 or 2021??? after one of their tours I think
Lol I always see YG stans claim that “YG pays their idols well” just bc other YG stans said that but NONE of them post any actual source or proof so I’m sceptical.
@@zuza_0613It’s actually pretty easy to find out. For the most part, companies finances are open to the public bc of potential employees, trainees, and investors so you could easily lookup pay cuts from the different contracts. But from what I remember off the top of my head, out of the Big3 + Hype (may be different depending on which sub label) YG has the best payout ratio with their actor and artist getting the bigger cut. That’s why most groups/artist under the label get only one comeback bc YG “gets the end of the stick”
But the debt is made because you spend years training. It's kinda like school in a way. But the fact that in 2 years they're able to pay off that 150k debt is insane, a normal job won't do that for you so easily.
A normal job also wouldn't cost 150k to train. But if you mean jobs like doctors, they could pay it off in a year or two as well and still make more than her. Plus she's basically saying her company pays them very little. They prob made alot after the debt was paid off but they also had to split it amongst 8 other members. And depending on the company, they pay idols 20-30% ans the company keeps 70-80. So even if they made hit songs and sold lots, they wouldn't even get paid alot.
That could go either way, impossible for anyone else to tell without actually having access to the particular financial accounts. As a basic example, if the company spent 150k to train her and made 200k from her in the group then that's somewhat fair, if they made 1,000,000, and she paid back 150k then got a measly salary after that, then that's very unfair.
The main way that idols can escape from the debt trap is by getting their name in the writing/composing credits on their own music, which guarantees them royalties. This still isn't super common, but you definitely see it happen more these days, which is cool.
The government should really pass a law where companies have to think of training fees as an investment and not a loan, like the big companies do, it would help with the over saturation in kpop too, there would be WAY less groups debuting, which would mean a better chance for the people that spent years training, and itd also mean that less people waste their time training at small companies that dont have the money to actually fund their success
I’ve heard American actors (ones that are on television with guest staring roles) say they are kind of payed like that and they have to pay for their managers and all the middle men. They said basically they don’t make want regular people think they make.
Actors pay up to 10% of their salary to their agency/representation. If you’re doing regular series work making $60k per episode, that’s likely all you have - an agent. If you’re a big-time movie or tv star, *that’s* when you have a team of people. At that point, you’re pulling down millions/season or per movie. A good example is Chris Hemsworth getting $150k for the first Thor as a virtual unknown with an agent, and $20M for the last Thor as an established star with a team.
@@epbrown01 Yeah, that’s a better way of explaining what I said. I completely agree. And ironically, one of the actresses I was referring to worked on a show with Chris (Home & Away). She basically talked about him being a newcomer and such and then reflected on where he’d went with his career. The actress is Tammin Sursok, who played Jenna on Pretty Little Liars.
The problem woth KPOP is 1, the fans and 2, the labels. Artists need to be independent. There are a ton of independent artists in the u.s because its well known how shady and money hungry these labels are. This has been going on since even before the backstreet boys. 2. The fans DONT support independent artists. They always support the manufactured groups. The artists need to work together to branch away from those labels.
Most of the Big labels, JYP, SM and YG and probably Hybe have gotten rid of Trainee debt, so it's not quite as bad as it was, but smaller labels do still have it and many Idols are in the same position as Daisy was, and then there's what happened to LOONA that was an outright slave contract and the courts in S Korea agreed!
Momoland sold squat for albums. Of course they got paid nothing. Their video for "Bboom Bboom" went viral amd racked up 250 million views in a month. But views don't mean Jack when your song doesn't chart and your album doesn't sell. Momoland was doing neither. Their album couldn't sell 20,000 copies without their own label buying 8,000 of them just to get a chart position and a music show win.
Yeonwoo was very intelligent when she embarrases them saying out loud that she was broke and didnt receive anything from the company and she did it like twice or three times in variety shows..... i think that was the real reason how she got out of it...
That's cause usa minimum wage is so much more higher. But in korean won, 11usd is good. 100 million Korean won is 70k usd, and that's considered a lot of money for a gameshow win. But for us in usa, it's like we need 1 million dollars usd.
Guessing, it looks like maybe $80-$90K a year, but almost all went to pay for her lessons and stuff. Sounds about right because I heard of some making only $90K per year during their first contract.
The whole point of becoming an idol is to get exposure. Exposure gets CF endorsements. Endorsements have no overhead. It's pure profit. It's how the Korean TV industry worked for a long time until Japan / China started buying shows. And, actors wages were still relatively low. Now with the US streamers, salary from TV shows is relatively significant.
Depends on what the agency agrees with the idol ig, maybe since lessera debuted well they just paid it with their income, maybe she had to pay a certain amount before leaving, or maybe she had to pay something afterwards. No way to know really , daisy left 2 years after debut but it seems momoland managed to pay the debt before that so idk
That’s it exactly. All the people defending the label because they paid for the “training” but most of the girls come in very capable. Professional artists that hire their own vocal coach for tweaking don’t spend $150k for it and the dance routines are choreography for videos, which should come out of studio development funds for first videos and profits on later videos. These girls work their tails off so some blinged up schmuck can have grins in his Lambo, and the girls come out no better off when they started. They are better off waitressing, assuming Korea allows tipping.
I guess its not like a job that you do to make money but to do the things you love and that is performing and singing to a big crowd. Doing that for a certain time in your life can be very special, just like people want to go around the world when they are still young.
so are Idol Debts similar to Student Loans? like they borrow money to be able to undergo training/school before getting an actual job/debuting? or are those debts she's referring to were unrelated?
just like any job, there are tiers in Idols. MOMOLAND is one of those tier where only K-Pop fanatic know or care about and doesn't reach normal people as much as Black pink and BTS. The difference between flipping burger, is obviously you can flip your earnings as an idol or let them pay average wage to sustain the group until the end of contracts because you are not a relevant idol or don't sell lots of music or Lookbook. Meanwhile no matter how much burger flipped, they stuck with same wages.
@@math001 Yup. It's still new, give it time. K-pop nearly had 50 years to become the idol-commercialization machine it is now. As a Filipino, if there's anything I can definitely say about our entertainment industry is - just like our government - full of corrupt, greedy, thieving folks. They'll eventually find some way to turn P-pop trainees into a lucrative profit scheme.
The price of fame does have its perks. When she was an idol, most of what she needed to survive was taken care of. Then there is the slim possibility of going solo. Only then would she really be making substantial money. I was hoping for Lisa of Blackpink to break free from YG Entertainment. She isn't getting any younger and definitely has the talent to go solo on the world stage. Just my two cents. 🙂🖖
Okay, but you acquire human capital along the way. Like being famous. Or making connections with other famous people. Or a fanbase. Some become choreographers or music producers or stylists or managers using skills they learned. Some find rich husbands using their fame. You might not have been paid a lot, but the company did invest in you. Whether that leads to a good life after Kpop is another story.
Those connections and fanbase are also a huge problem because they lead to having saessangs and no private life. So you end up having a miserable life basically and regret fame
The numbers I've over 50 years is that only 1% of "entertainers" make a "living wage" and 1% of them are the millionaires. I watched the rise of the "social media influencers" and it's exactly the same as entertainers. The sad thing is male or female the "cost" is outrageous, 168 hour work weeks, ect.
Gee, I pay a language teacher $32/hr over Skype. How do they get away with $11/hr? No, seriously, my daughters have been making $21/hr or more since they were teenagers doing things like shipping little boxes via FedEx. There's a big Korean community here in Toronto even. You could probably headline at the Korean dance festival here. Sadly, the condos are $700,000 there.
I’m assuming the prices you listed are in USD and not CAD, but I would agree that $11/hr is pretty decent, considering the minimum wage where I live (Texas) is the same as the federal, which is $7.25/hr. Not to mention, a part-time job paying $21/hr is pretty unheard of, as most don’t pay above $15 even after a raise or promotion (unless that promotion encompassed a management position, but even still most of those are full-time employment).
@andrew-song This is worthy of a discussion but that never works in a chat. The condo was $CDN but the wage for my daughter's previous ECE job was $21/hr US (converted). The box labeling job is $16/h US converted. This level of summer job pay is not taxed highly in Canada. I of course pay too much tax.
Most kpop idols/trainee started off with huge debt behind their ass and don't earn much until years later where they become popular and getting lots of brand deals etc... Of course if they survive long enough in the industry. I believe that every idol original intention when they first started/joined was not because of earning big money but the passion and love for the profession and culture.
Only if they made it what if they dont made it and dump by compay you know they are alot of trainees in every agency but only few girls group made it to the top and alot of them not even get in a group and get. chance to debuted
Supply and demand economy works for careers too. If enough qualified people want to do a thing and it doesn't require a huge time / money sink, you probably won't get paid much to do it.
It's just an exposure... It's a chance for you to get sponsored by a lot of products... And that's how you get money. Not in your sole salary being an idol. ✌💙
I don't understand, so when child idol sign contract with agency, its the child idol that hires the company to train them?? So he/she have to pay the company? If the company signs the child idol they should take the cost of training not the other way around ... wth is this. Any other job, imagine company hires you, and you have to pay the company for hiring you for the first year ...
wow i have a lot of words... 1. i live in hungary and the salary litereally the half than in korea but as a construction worker i get litereally around 10 usd/hour and work only 8 hours... (yes hungary litereally a cheap country comparing to korea but construction job pay a lot cause need incredible physical attributes and of course knowledge cause i work as a heat insulator and as a mason (and litereally everything lesser stuffs) so yeah that 80usd worth much more here (the minimum wage around 27-30usd) so even that medium translator job not pay that much... :S i am pretty supraised cause i though koreans earn much more :S 2. let be honest momoland is a pretty small group in sales... even if they was popular in a way but their sales was not that good... 3. peoples missunderstand her! she not got money over 2 years but litereally she got paid only once in the 2 years... which probably mean 1 month salary which comparing her translator job is 1,3X bigger (translator) so she made around 640usd? i am not sure it is the correct because also she had part time job which mean half time at least... (litereally the minimum wage of hungary) 4. yes she had dept which was 150k usd but again she payed back in that 2 years which mean 6250usd per months but it is again not her salary because companies got the bigger chunck from the income. they sold around 110k albums/songs which have around 25usd so it is 2.750.000 usd before tax (of course in 4 years aka 687k per year) with 6 members the dept is 900k so yeah even the company not got that much money from them... so they had 1.850.000usd and at least minimum 20% is tax so become 1.480.000usd which is 370k per years... they must to pay the staffs aswell and managers of course after the debt they get more and around 10-20% can be the idols money from the income which mean normally should get 954-1909 usd per month... which is between minimum and medium... so she stopped cause had no point because she got litereally minimum-medium and even must to follow the strict rules and practices
Yeah she actually got kicked out or "fired" by the company. She didn't even want to leave. If she stayed she'd prob make more of course tho their songs were going downhill after anyways
Most “famous” people are not that rich , especially “instagram influencers” or K-pop idols who haven’t branded themselves outside of their 6 to 11 member group. Studying a degree in law, science, health, beauty or business will earn you more stable money than these “celebrities” and you’ll get superannuation paid for your future . Although I am from a first world country (Australia) the average pay rate for any job is a lot higher, we live better lifestyles than most.
How did she get in 150k debt and the compay clear the debt in two years and didnt give her much when they disband but the question in how did she stuck in 150k debt bro if you going for school only with regular part-time you would only end up like 10-20k after you get your degree damm
Ok the math is still kinda obvious 😂 150k dollars in debt for 2 years? And you paid off your 150k debt in 2 years which puts you at 75k per year, assuming you had 2 jobs that leaves you at 37k per job roughly each job and if your translator job paid better you can divide that how you want out of 37k. I love when she said I know some of you aren’t that bright😂 (tell em daisy tell em)🎉
Wait- so if you DON'T make it as an idol, you OWE the company money? I thought they were investing in YOU. Not you putting the investment. Wow. That's such a big risk if true.
Im pretty sure that Daisy generated MILLIONS of dollars for her exploiters. That should have been enough to pay her "debt" (which is the reasoning for keeping them idols as slaves) of 150 k, and still give her at least ONE million.
If you debut as a girl group after kpop entered global scene and blew up, and if you are a girl and join HYBE's group, even HYBE's worst girl group will be out of debt and in profit very fast. If you want to join a girl group, make sure to debut in HYBE. But now you need to wait and see because Min Hee Jin's takeover heist needs to settle down to see how things go at HYBE. Before the Min Hee Jin drama, if you debuted as a girl group at HYBE, you would be making lots of money, even as the less popular girl group.
She didn’t get scammed, and it can easily cost half a million or more for a SIGNED WESTERN artist to produce an album, and that has to be recouped through sales before the artist sees a penny. KPop is a different animal. It’s a production and development pipeline, not a lottery. There are no “trainees” in Western music. But do you know what DOES have trainees? The fast food industry. So clearly, her experience and what she considers alignment makes sense.
‘Think twice before becoming an idol’ - noted
Sorry JYP. You're gonna have to wait
Or think Twice
OKAY BUT i love that she's free to speak now that she's not under any idol contract and she's keeping it real w us, i'm not v familiar w momoland when they were active but i always thought daisy was cool and she actually rly sounds so cool and chill from this vid
"You might be better off flipping burgers at Wendy's" 💀💀💀💀
as an ex-Wendy’s employee that’s a HARD NO!
Lapillus
is that what red velvet members are doing? flipping burgers at Wendy's :x
Makes me wonder if groups like Lightsum, Dreamnote, and other small groups have been able to pay off their debt yet.
i dont think so, momoland had a high take off cause of the very viral song bboom bboom, thats why she even got paid. And momolands case is different, their company was terrible. Only a little of their profit went to their debt. But the usual idol contract is 7 years, so im sure theyll pay it successfully sooner or later. But as she said she was only an idol for 2 years, and momoland wasnt that much of a gigantic group. But im not so sure how long these groiups you named were active, but i figure not so long. So they will for sure take so much more time till they get paid.
Probably not. I remember when Brave Girls members said they received their first payment only after Rollin' went viral in 2021.
Everglow debuted in 2019 and still haven't received a pay check
@@mrremovedbycleothey went MIA for almost two years at the 2nd peak of their career so lowkey no wonder
@@detergenthwachae Yuehua made them constantly tour throughout those two years all for no money, stupid time to stop giving them comebacks. Yuehua is so dumb.
realest kpop idol ever
It always happens when the KPOP IDOLs are free to talk about things that they were not talking about up until now .. because now there is no-one who puts pressure on them ..
Literally all idols have debts before they debut. I believe SM spent $1 million for each SNSD members because of vocal coaches, acting coaches etc. Once they famous enough then they make loads of money.
New Jeans and Aespa were debt free when they debut.
@@lalremruataralte1754 good they were debt free dont know about aespa but newjeans members would have been in hell if debt system existed
@@lalremruataralte1754 where do you know?
@@lalremruataralte1754 NJ are not the same as momoland. NJ was promoted pre-debut, was in bts mv, was the only hybe girl group debuting with all new faces. in a new label that didn't have debt from the auditions some girls came from. source music did.... they were heavy promoted, on a huge youtube channel. bighit had no girlgroup. people tuned in. then a worldwide kpop fanbase streamed their songs. ofcourse they have no debt.
YG groups don’t have debts , they also take no money from their trainees even if they leave the company.
Rough mafs: Assuming part time is 20 hours then in two years she made $22,880 as a translator and her one time Momoland paycheck was $17,600.
She technically made around 180k, but most of it went to pay off her debt
The one time idol payment would be 17,600 since her translating job made 1.3x more than when she was an idol.
@@sinnamonstory You are correct.
She sued them and got more later
Damn this is crazy, I work as a network specialist in the Netherlands. I earn around 70K a year. It is crazy if you see how much money those big companies make
to be honest, I heard a lot of the smaller companies really don't pay well like working at a fast-food place. For example, I heard the group CLC never got paid yet.
There are a lot of groups that never got paid yet
Kpop contracts are modern slavery. Idols work 24/7 but all the money goes to the label...
Cube sux
I think some smaller companies pay more but it really depends on if your song becomes a major hit. Crayon pop way made way more than 11 dollars an hour and was paid multiple times. But still much less than a regular us dollar job. She said she avgd something like 20k usd in actual savings a year but that's really only due to bar bar bar and most of the income money which is more than 20k went to the production company.
From is 9 hasn't been paid till this day they debuted on 2018 so that's creepy the girls are really good their vocals are far way better than leserafim and new jeans etc but they are very underrated so pls chechout their mvs
I did the math kinda and this means in two years of being an idol she made around 8000-9000$??? This is actually insane
And Momoland wasn’t even a nugu group or anything omg
wow you're really good at math
8-9K in 2 years means...
She only got paid
$4-5k in 12 months / a year
$333-416 in a month
which is way way more minimum to a low avg work job
you forgot to add 150k , so in 2 years 160k+- , if she continues being idol , she basically makes 80k+- a year , assuming the group momoland is still success , if not , then lesser than that , and if the group isnt as success as that , then she will take more years to work to pay the debt .
Imagine if Momoland hadn’t had a hit song😂
@@todavidkyuits even bad knowing that i live in weak currency country compared to Korea and still get paid more than Daisy in 2 years 😭
I chalk that up to MLD, they are one of the worst K-pop companies in the industry from what I hear about them they are horrible especially what they did to momoland
They expanded their company off Momoland money… and paid them peanuts
@@K-Blubberop I read that they made the girls pay for their own meals while treating the new group Lapillus as stars.
@@crankysmurf they had an MLD concert without Momoland as well it completely flopped lol
Just remember her expenses are taken care of by her debt😂
The main issue with kpop idols is that the labels take the 90% of the benefits and leave the idols with crumbs. In addition to the fact that their career is very short since they're already considered "old" at 25yo and need replacement by younger kids. So basically they're left broke and jobless at 30.
@Fearless.cat1209 only if unsuccessful. If you're unsuccessful in any field you can end up that way
@@Fearless.cat1209 but who gets the 90%, like does it go to the rest of the crew that produces their music, people who do their makeup/wardrobe, etc
@@SoulHydron yup it's the label and producers who take everything. And as you said, they pay the staff, makeup, managers, concert venues etc. and expect a high return on investment. At the end, barely nothing is left for the idols. It's not for nothing that kpop contracts are called "slave contracts"
@@wahahabuh nope. Even successful, idols get barely crumbs compared to the label and all the work they invest. In addition to the fact that they have to repay their trainee debts. The only rich idols are those who self-produce themselves bc they don't have to repay the producer. Only bts and Skz, that's it.
she’s too funny when explaining it all like i need her to continue growing & becoming popular, queen
I didn't expect Daisy to speak openly about this, she's a breathe of fresh air
“This is my experience, I guarantee you that your faves are not in poverty.”
YOU are my fave 💀
And shes poor!
I think its gotten better for idols recently since this stuff has been making more and more news. Seems most newer idols are debt free, and at the same time its still wild how many stories you hear about idols never getting ANY money. I forget who, but I remember and idol talking about she wasnt paid her entire 7 year career, but she didnt think it was a big deal because she got most things free especially her necessities paid for. I feel like this is why when idols are on shows they seem super surprised when they get stuff for free, and are especially happy when they are eating out.
Its crazy because most of the perception I see a lot of people have is that their favorite idol, or a certain group, is just rolling in mountains of cash, but I think they have it confused because of the few actually successful and rich idol groups, and they are comparing it too much to Western artists. Idols dont normally make nearly as much because their contracts are more similar to an older version of what Western contracts used to be. Plus, you have to account for, when it comes to sales the more members are in a group, the more splits there are, and the more splits there are, the less each member is going to get. Lets say they are working with a simple 70-30 split. Its not like if an album sales for $10, each member of an 6 member group gets $3 out of every album sold. No. That $3 would be divided amongst those 6 members each sale of the album. There are definitely rich idols, and ways of getting richer, but thats also why you see some idols so willing to pack their schedules with variety show appearances because thats a performance fee payment and thats solely for them. I even think it was Sandara who said she got rich off doing sponsors alone and made nothing doing idol activities
im really surprised she isnt under an nda with the type of shit shes able to expose about mld 😭
i almost wonder if she IS under a NDA, but just doesn't care about it? if she's living overseas it might just be not worth it for MLD to go after her, or maybe she was under one but it ran out
yesterday(?) MLD abandoned lapillus's trademark because of unpaid registration fees, so i wouldn't be surprised if she got lucky and they just forgot to make her do one
people complaining that YG mistreated their idols but don't realize that compared with other companies, YG paid their idols well and they don't have a debt like this!!
Just not YG, HYPE SM JYP 😂😂😂
@@beelegend1694Right. I understand the hype of wanting to join a bigger label as a trainee. There are plenty of great groups from small or mid- sized labels, but considering you're going to be attached to a slave contract either way, it makes more sense to fight to debut under a label that can almost guarantee success and a decent paycheck.
@@Rose0004small companies are already in debt to debut a group since the cost of the mv budget and so on is already so much. Like with ateez, I can’t rmbr how long it took them but they finally paid off the debt kq had like around 2020 or 2021??? after one of their tours I think
Lol I always see YG stans claim that “YG pays their idols well” just bc other YG stans said that but NONE of them post any actual source or proof so I’m sceptical.
@@zuza_0613It’s actually pretty easy to find out. For the most part, companies finances are open to the public bc of potential employees, trainees, and investors so you could easily lookup pay cuts from the different contracts. But from what I remember off the top of my head, out of the Big3 + Hype (may be different depending on which sub label) YG has the best payout ratio with their actor and artist getting the bigger cut. That’s why most groups/artist under the label get only one comeback bc YG “gets the end of the stick”
Glad to know that she’s in college.
Wishing her all the best... She was always my favorite in Momoland. She's adorable.
Wtf that’s so awful.. the kpop industry sucks
unless ur in HYBE, SM or JYP.
not really ..same as everywhere millions of artists dont get paid unless they made it big
Any entertainment agency once you signed with them.
But the debt is made because you spend years training. It's kinda like school in a way. But the fact that in 2 years they're able to pay off that 150k debt is insane, a normal job won't do that for you so easily.
They are ripped off big time. The companies keep such a huge chunk of their money.
@@allieannette3712 well all those vocal, dance, rap, idol lessons aren't really free you know
@@allieannette3712 So the trainers are working for free is what you thought 😆
A normal job also wouldn't cost 150k to train. But if you mean jobs like doctors, they could pay it off in a year or two as well and still make more than her.
Plus she's basically saying her company pays them very little. They prob made alot after the debt was paid off but they also had to split it amongst 8 other members. And depending on the company, they pay idols 20-30% ans the company keeps 70-80. So even if they made hit songs and sold lots, they wouldn't even get paid alot.
That could go either way, impossible for anyone else to tell without actually having access to the particular financial accounts. As a basic example, if the company spent 150k to train her and made 200k from her in the group then that's somewhat fair, if they made 1,000,000, and she paid back 150k then got a measly salary after that, then that's very unfair.
The main way that idols can escape from the debt trap is by getting their name in the writing/composing credits on their own music, which guarantees them royalties. This still isn't super common, but you definitely see it happen more these days, which is cool.
I noticed that she gets prettier as the video progresses.
The government should really pass a law where companies have to think of training fees as an investment and not a loan, like the big companies do, it would help with the over saturation in kpop too, there would be WAY less groups debuting, which would mean a better chance for the people that spent years training, and itd also mean that less people waste their time training at small companies that dont have the money to actually fund their success
I’ve heard American actors (ones that are on television with guest staring roles) say they are kind of payed like that and they have to pay for their managers and all the middle men. They said basically they don’t make want regular people think they make.
Actors pay up to 10% of their salary to their agency/representation. If you’re doing regular series work making $60k per episode, that’s likely all you have - an agent. If you’re a big-time movie or tv star, *that’s* when you have a team of people. At that point, you’re pulling down millions/season or per movie. A good example is Chris Hemsworth getting $150k for the first Thor as a virtual unknown with an agent, and $20M for the last Thor as an established star with a team.
@@epbrown01 Yeah, that’s a better way of explaining what I said. I completely agree. And ironically, one of the actresses I was referring to worked on a show with Chris (Home & Away). She basically talked about him being a newcomer and such and then reflected on where he’d went with his career. The actress is Tammin Sursok, who played Jenna on Pretty Little Liars.
Psy got paid way more in murica than he was in Korea with his hit song. And he was shocked.
The problem woth KPOP is 1, the fans and 2, the labels.
Artists need to be independent. There are a ton of independent artists in the u.s because its well known how shady and money hungry these labels are. This has been going on since even before the backstreet boys. 2. The fans DONT support independent artists. They always support the manufactured groups. The artists need to work together to branch away from those labels.
Wow. It seems that MLD only retained her until she was able to pay off her debt. Such a shady company.
Most of the Big labels, JYP, SM and YG and probably Hybe have gotten rid of Trainee debt, so it's not quite as bad as it was, but smaller labels do still have it and many Idols are in the same position as Daisy was, and then there's what happened to LOONA that was an outright slave contract and the courts in S Korea agreed!
i was just waiting for her to paint those eyebrows.
Momoland sold squat for albums. Of course they got paid nothing.
Their video for "Bboom Bboom" went viral amd racked up 250 million views in a month.
But views don't mean Jack when your song doesn't chart and your album doesn't sell.
Momoland was doing neither.
Their album couldn't sell 20,000 copies without their own label buying 8,000 of them just to get a chart position and a music show win.
Yeonwoo was very intelligent when she embarrases them saying out loud that she was broke and didnt receive anything from the company and she did it like twice or three times in variety shows..... i think that was the real reason how she got out of it...
damn people are so dumb that she had to say it's her experience 3 TIMES!
"Not in poverty" _shudders as a LOONA fan_ All jokes aside, some people do it purely for the opportunity to make it big. It's a gamble!
Momoland had some major hits, that's crazy that it didn't translate to financial windfall for her.
ok but a translating job is so slay!
11 dollars is crazy low for being by a translator
That's cause usa minimum wage is so much more higher. But in korean won, 11usd is good. 100 million Korean won is 70k usd, and that's considered a lot of money for a gameshow win. But for us in usa, it's like we need 1 million dollars usd.
They start their idol journey with debt. Poor them. Working nonstop but got underpaid.
Guessing, it looks like maybe $80-$90K a year, but almost all went to pay for her lessons and stuff. Sounds about right because I heard of some making only $90K per year during their first contract.
The whole point of becoming an idol is to get exposure. Exposure gets CF endorsements. Endorsements have no overhead. It's pure profit.
It's how the Korean TV industry worked for a long time until Japan / China started buying shows. And, actors wages were still relatively low. Now with the US streamers, salary from TV shows is relatively significant.
daisy is the realest kpop idol out there
Criminal. The only way I know how to describe it. Would love to know how much "management" made off those 2 years of Momoland.
this is how the world works.
Even in the US its just the same. Speaking from 8 years exp in US market.
US musicians get even worse they just make money on merch the rest goes to the company
we miss you daisy
Love you daisy thanks for telling it like it is. ❤
They were also provided with accommodation and other things as idols… while she isn’t as a translator
But the company was making lots of money out of her work.
@@profscarlett it's also extremely expensive for them ... There are all the manager, choreographs, costumes, training,...
These slave contract has been happening since the noughties
AFAIK
If you remember the KARA's 2011 dispute.
Love how she can be her genuine self now and not the manufactured persona they are trained to project
so what about those idols who trained for years and then just left after like a few months or so? like garam? are they stuck with all the debt?
Depends on what the agency agrees with the idol ig, maybe since lessera debuted well they just paid it with their income, maybe she had to pay a certain amount before leaving, or maybe she had to pay something afterwards. No way to know really , daisy left 2 years after debut but it seems momoland managed to pay the debt before that so idk
For garam she doesn't have debt, hybe is the only company who doesn't make debt for their new group.
0:55 for who doesnt has time
indentured servitude - look it up
That’s it exactly. All the people defending the label because they paid for the “training” but most of the girls come in very capable. Professional artists that hire their own vocal coach for tweaking don’t spend $150k for it and the dance routines are choreography for videos, which should come out of studio development funds for first videos and profits on later videos. These girls work their tails off so some blinged up schmuck can have grins in his Lambo, and the girls come out no better off when they started. They are better off waitressing, assuming Korea allows tipping.
I guess its not like a job that you do to make money but to do the things you love and that is performing and singing to a big crowd. Doing that for a certain time in your life can be very special, just like people want to go around the world when they are still young.
so are Idol Debts similar to Student Loans? like they borrow money to be able to undergo training/school before getting an actual job/debuting? or are those debts she's referring to were unrelated?
“Your faves are not in poverty.” Well, you’re my fave… 😢 Glad to see she’s doing well for herself. Go Daisy!
You also have to remember that idols also get sponsorships and such, they don't just get paid by their companies
just like any job, there are tiers in Idols. MOMOLAND is one of those tier where only K-Pop fanatic know or care about and doesn't reach normal people as much as Black pink and BTS. The difference between flipping burger, is obviously you can flip your earnings as an idol or let them pay average wage to sustain the group until the end of contracts because you are not a relevant idol or don't sell lots of music or Lookbook. Meanwhile no matter how much burger flipped, they stuck with same wages.
Desperate dreams turning into debts, i hate this slavery. Did Mozart ever think about debuting expenses???
she's so charismatic.
You got scammed, no matter how you try to explain it.
What I love about P-pop is that they don't put their trainees in debt.
It's a pretty young industry. Who knows how it would turn out once it matures like Kpop
What’s p-pop?
@@candidcherry4974 Pop from the Philippines
@@math001 Yup. It's still new, give it time. K-pop nearly had 50 years to become the idol-commercialization machine it is now.
As a Filipino, if there's anything I can definitely say about our entertainment industry is - just like our government - full of corrupt, greedy, thieving folks. They'll eventually find some way to turn P-pop trainees into a lucrative profit scheme.
You don't become an idol to make money, you become an idol to become famous.
But....Daisy is my fave 😓😥😢
The price of fame does have its perks. When she was an idol, most of what she needed to survive was taken care of. Then there is the slim possibility of going solo. Only then would she really be making substantial money. I was hoping for Lisa of Blackpink to break free from YG Entertainment. She isn't getting any younger and definitely has the talent to go solo on the world stage. Just my two cents. 🙂🖖
Okay, but you acquire human capital along the way. Like being famous. Or making connections with other famous people. Or a fanbase. Some become choreographers or music producers or stylists or managers using skills they learned. Some find rich husbands using their fame.
You might not have been paid a lot, but the company did invest in you. Whether that leads to a good life after Kpop is another story.
Those connections and fanbase are also a huge problem because they lead to having saessangs and no private life. So you end up having a miserable life basically and regret fame
@@Fearless.cat1209 must not be that bad since tons of girls still want to do it.
The numbers I've over 50 years is that only 1% of "entertainers" make a "living wage" and 1% of them are the millionaires. I watched the rise of the "social media influencers" and it's exactly the same as entertainers. The sad thing is male or female the "cost" is outrageous, 168 hour work weeks, ect.
8.46 dollars/h if you were wondering. Otherwise it's like minimum wage in KR
Gee, I pay a language teacher $32/hr over Skype. How do they get away with $11/hr? No, seriously, my daughters have been making $21/hr or more since they were teenagers doing things like shipping little boxes via FedEx. There's a big Korean community here in Toronto even. You could probably headline at the Korean dance festival here. Sadly, the condos are $700,000 there.
I’m assuming the prices you listed are in USD and not CAD, but I would agree that $11/hr is pretty decent, considering the minimum wage where I live (Texas) is the same as the federal, which is $7.25/hr. Not to mention, a part-time job paying $21/hr is pretty unheard of, as most don’t pay above $15 even after a raise or promotion (unless that promotion encompassed a management position, but even still most of those are full-time employment).
@andrew-song This is worthy of a discussion but that never works in a chat. The condo was $CDN but the wage for my daughter's previous ECE job was $21/hr US (converted). The box labeling job is $16/h US converted. This level of summer job pay is not taxed highly in Canada. I of course pay too much tax.
Most kpop idols/trainee started off with huge debt behind their ass and don't earn much until years later where they become popular and getting lots of brand deals etc... Of course if they survive long enough in the industry. I believe that every idol original intention when they first started/joined was not because of earning big money but the passion and love for the profession and culture.
Only if they made it what if they dont made it and dump by compay you know they are alot of trainees in every agency but only few girls group made it to the top and alot of them not even get in a group and get. chance to debuted
Supply and demand economy works for careers too. If enough qualified people want to do a thing and it doesn't require a huge time / money sink, you probably won't get paid much to do it.
Just landed here and now thinking what will happen to Mashiro once she is in a new group now. Will she still be paid the same???
Bro her english is amazing and she so real
It's just an exposure... It's a chance for you to get sponsored by a lot of products... And that's how you get money. Not in your sole salary being an idol. ✌💙
They are what they are paid, basically not much XD
I don't understand, so when child idol sign contract with agency, its the child idol that hires the company to train them??
So he/she have to pay the company? If the company signs the child idol they should take the cost of training not the other way around ... wth is this. Any other job, imagine company hires you, and you have to pay the company for hiring you for the first year ...
"your favs are not in poverty" .... Facts.... they literally get a nice chunk of fans paychecks, plus all those juicy sponsorships etc etc
Hahah i love how shes like i gaurantee you, your favs are not in poverty lol
She means the big popular groups from big companies
wow i have a lot of words...
1. i live in hungary and the salary litereally the half than in korea but as a construction worker i get litereally around 10 usd/hour and work only 8 hours... (yes hungary litereally a cheap country comparing to korea but construction job pay a lot cause need incredible physical attributes and of course knowledge cause i work as a heat insulator and as a mason (and litereally everything lesser stuffs) so yeah that 80usd worth much more here (the minimum wage around 27-30usd) so even that medium translator job not pay that much... :S i am pretty supraised cause i though koreans earn much more :S
2. let be honest momoland is a pretty small group in sales... even if they was popular in a way but their sales was not that good...
3. peoples missunderstand her! she not got money over 2 years but litereally she got paid only once in the 2 years... which probably mean 1 month salary which comparing her translator job is 1,3X bigger (translator)
so she made around 640usd? i am not sure it is the correct because also she had part time job which mean half time at least... (litereally the minimum wage of hungary)
4. yes she had dept which was 150k usd but again she payed back in that 2 years which mean 6250usd per months but it is again not her salary because companies got the bigger chunck from the income.
they sold around 110k albums/songs which have around 25usd so it is 2.750.000 usd before tax (of course in 4 years aka 687k per year)
with 6 members the dept is 900k so yeah even the company not got that much money from them... so they had 1.850.000usd and at least minimum 20% is tax so become 1.480.000usd which is 370k per years... they must to pay the staffs aswell and managers
of course after the debt they get more and around 10-20% can be the idols money from the income which mean normally should get 954-1909 usd per month... which is between minimum and medium... so she stopped cause had no point because she got litereally minimum-medium and even must to follow the strict rules and practices
Even Momoland member earn like that, how would anyone any group less known survive in that kind of environment lol
what happened to her eye brows, though? why not just let it grow naturally so she doesnt have to be painting it on?
it's like human trafficking where the sponsor charges absurd fees and holds the traffickee hostage to work it off.
i would just get pretty and marry a rich ass sugar daddy. why bother with the hassle of being an idol.... or being in debt.
Then you'll be labelled as a gold digger
I'm about to audition at JYP Entertainment when I saw this.😑
Now I get why they love Ramen so much 😂
She was an idol just for two years?
Yea
Yes, but probably trained for longer which is why her debt was 150k
Yeah she actually got kicked out or "fired" by the company. She didn't even want to leave.
If she stayed she'd prob make more of course tho their songs were going downhill after anyways
Most “famous” people are not that rich , especially “instagram influencers” or K-pop idols who haven’t branded themselves outside of their 6 to 11 member group. Studying a degree in law, science, health, beauty or business will earn you more stable money than these “celebrities” and you’ll get superannuation paid for your future . Although I am from a first world country (Australia) the average pay rate for any job is a lot higher, we live better lifestyles than most.
i mean the idol debt is stupid, why they have to pay so much money to get trained and some even don't even debut.
How did she get in 150k debt and the compay clear the debt in two years and didnt give her much when they disband but the question in how did she stuck in 150k debt bro if you going for school only with regular part-time you would only end up like 10-20k after you get your degree damm
Ok the math is still kinda obvious 😂 150k dollars in debt for 2 years? And you paid off your 150k debt in 2 years which puts you at 75k per year, assuming you had 2 jobs that leaves you at 37k per job roughly each job and if your translator job paid better you can divide that how you want out of 37k. I love when she said I know some of you aren’t that bright😂 (tell em daisy tell em)🎉
Sounds like the Mizu Shoubai
Wait- so if you DON'T make it as an idol, you OWE the company money? I thought they were investing in YOU. Not you putting the investment. Wow. That's such a big risk if true.
i got momoland confuse with mamamoo explains why she was paid so little
she paid off 130k in 2 years. thats pretty good considering she was a rookie.
Im pretty sure that Daisy generated MILLIONS of dollars for her exploiters. That should have been enough to pay her "debt" (which is the reasoning for keeping them idols as slaves) of 150 k, and still give her at least ONE million.
Didn't say in nda ?
Qhat kinfa of debt?
If you debut as a girl group after kpop entered global scene and blew up, and if you are a girl and join HYBE's group, even HYBE's worst girl group will be out of debt and in profit very fast. If you want to join a girl group, make sure to debut in HYBE. But now you need to wait and see because Min Hee Jin's takeover heist needs to settle down to see how things go at HYBE. Before the Min Hee Jin drama, if you debuted as a girl group at HYBE, you would be making lots of money, even as the less popular girl group.
Why is there even a debt system in kpop.
Is there any other industry where you can get in debt toward your PAYING EMPLOYER ?
So basically she get paid 150k USD at some point the question is why did she have a debt of 150k? was it from her past or just kpop things?
@@battleangel4833 rip debt lol
kpop is a risky move at the end of the day
how cute
She didn’t get scammed, and it can easily cost half a million or more for a SIGNED WESTERN artist to produce an album, and that has to be recouped through sales before the artist sees a penny.
KPop is a different animal. It’s a production and development pipeline, not a lottery. There are no “trainees” in Western music. But do you know what DOES have trainees? The fast food industry. So clearly, her experience and what she considers alignment makes sense.