"Received 5,000 for Event, 2 Million Won" Momoland's Hyebin Reveals Idol Settlement - New York - 1

Recently, Hyebin released a video titled 'The Reason Idols Can't Make Money' on her YouTube channel, attracting a lot of attention.

Everyone thinks that idols are just sitting on piles of money.

Especially after a hit like Momoland's 'Bboom Bboom', it's easy to think, "Wow, they must be making a lot of money from events now."

However, this time, member Hyebin shared a harsh reality in her YouTube video titled 'The Reason Idols Can't Make Money'.

The reality is not as easy as we think.

If you think about it, the amount of money that companies invest in managing girl group members before their debut is enormous.

Food costs, accommodation, dance and vocal lessons, and after debut, they have to shoot music videos, get outfits, and pay for makeup, managers, and stylists... all of this costs money.

So, even though it seems like their schedules are packed and they are doing really well, once they settle accounts with the company and split what's left, the amount that ends up in their bank accounts is often met with surprise, like, "Huh? Is this all?"

While contracts that recklessly pass on trainee debts like in the past have decreased, it doesn't mean that money suddenly comes pouring in.

Looking at the comments, everyone seems to accurately reflect the reality. The most relatable comment was, "That's why you have to go to big agencies like SM, HYBE, YG, JYP, or Starship."

But getting into those agencies and debuting is like reaching for the stars. There are many trainees who practice for years and still can't debut and end up going home.

And one person mentioned, "Isn't it transparent and neat to settle accounts accurately as a business?" which is true.

These days, contracts for music, performances, and merchandise are written very precisely.

The real disappointment here is timing. Momoland's 'Bboom Bboom' became a hit around 2018.

Honestly, back then, the global market wasn't as big as it is now with overseas tours, fan platforms, and merchandise sales booming.

If it were in today's K-POP market, they would have made much more from overseas performances and merchandise sales, but it was a transitional period, so their income couldn't help but be less compared to their popularity.

What netizens are most curious about is, "So did they receive a settlement in the hundreds of millions during their 7-year contract?" but this really varies case by case.

It depends on whether they did a lot of advertising as a team, whether they had active overseas tours, and whether there were personal activities, which can completely change the balance in their bank accounts.

Ultimately, the reason Hyebin's video has become a hot topic is not just because she revealed her income.

On stage, it looks glamorous and dazzling, but behind that, there are strict contract structures and harsh realities that we don't know about, which she honestly shared.

It shows that just having one hit song doesn't guarantee a fortune, and that there can be a significant difference between the glamour on stage and the actual bank balance.