G.O used to be part of MBLAQ, one of the rising Kpop groups that found a decent level of success when they were active. Currently, he hosts a show on Afreeca TV and talks about various things.
Once he opened up about how the dynamics behind Korean entertainment companies and how they can trick their own idols and underreport payments so they could scam them.
G.O claims that many Korean entertainment agencies often rip their own idols, especially during their rookie days. The calculations of the cost and profit would be kept hidden from the idols and they would even lie to the members. He says,
“Rookies get scammed since they don’t know how things work yet and they’re an easy target. Older more popular idols don’t get tricked as often since they know better.”
He also talked about a popular Kpop group that only made around $20,000/year at its peak and that money when divided among the members would make little money, each idol would barely end up with $300/month. He says the agencies would keep whatever is left that they didn’t report to the idols.
If you’re asking why it is so easy for Korean agencies to do so, G.O explains their tactics. The agencies would not share certain contract details and the rookies themselves won’t dare ask to see actual receipts, many fear they would be outcast and blacklisted from working in the industry if they ask and questioned the authority.
He also points out another very interesting and scam the agencies do, he says the company seeks out the rookies because they can easily scam them, meaning sending a rookie to perform for let’s say half the price of an experienced more popular rookie would enable that agency to take all the money for themselves.
If a promoter offers to pay the agency $30,000 for a popular idol performance, they can send their rising rookie idols instead and get paid half that price, meaning the agency can take $15,000 all for themselves, and tell the rookies this was not a paid job.
The rookie idol believes they were promoting themselves while the experienced popular idol loses the gig because the company refused to send them out, which makes the sole beneficiary of this whole situation the company.
G.O claims those are true stories from his personal experience working in the industry. Fans, on the other hand, are shocked to learn about the harsh reality of idol lives.
What do you think of this?