Welcome to Shinkifive!

Shinkifive is your ultimate site for TVXQ/DBSK/Tohoshinki. Shinkifive brings you the latest updates on TVXQ, from sharing news and information, photos, videos, etc. Join now as we support the five gorgeous and talented boys: Kim Jaejoong, Jung Yunho, Park Yoochun, Kim Junsu and Shim Changmin. Come on, and enjoy your visit.

~Kurumi
The Admin


"I think if one of the five members is gone, then this wouldnt be DBSK. Only if the five of us are together and feel the same, then that's when we use the name DBSK and show ourselves as DBSK." -Changmin


ALWAYS KEEP THE FAITH!



Photobucket



Showing posts with label profit. Show all posts
Showing posts with label profit. Show all posts

Thursday, October 14, 2010

[NEWS] 101013 KFPCAI Sends Out Official Letters of Request to Broadcasting Stations to Prevent JYJ's TV Promotions

After the news of SM Entertainment filing a provisional ban on JYJ’s first new album, ‘The Beginning‘, as well as filing an exclusive contract suspension injunction between JYJ and their contracted company, CJ Entertainment, it was also recently confirmed that on October 11th, official letters of request were sent to three public broadcasting stations, one cable broadcasting station, and other various online album distribution sites to refrain JYJ from making appearances on shows and halt album sales.

On October 12th, a fan of JYJ wrote on an internet open board, “I work at a cable broadcasting station, and I heard that the ‘Korean Federation of Pop Culture and Art Industry (KFPCAI)‘ sent out official letters to both the public and cable broadcasting stations.” According to this fan, the official letter of request contained information stating that as JYJ may harm the effect of Korea’s Hallyu Wave, they state they will not be responsible for any disadvantages caused by their appearances on their shows.


This information was later directly confirmed by an associate of the KFPCAI, and has since been spreading at lightning speed on Twitter and various internet communities, currently causing a great deal of concern amongst JYJ’s fans.

A representative from the ‘Korean Entertainment Producers Association’, which is one of eight major associations in the KFPCAI, explained, “We are not siding with SM Entertainment, but we are aware of JYJ currently holding onto a dual contract. This situation has risen because their exclusive contract problem with SM Entertainment has not yet fully been resolved by the law.”

The representative continued, “Whether it was the company that mistreated the group, or the group created the problem, we do not know. That is a separate issue in itself. However if we let this ‘dual contract’ issue pass, what agency would even want to raise their artists?” He stated they are not sure when exactly the group decided to separate from the company and walk their own path, however they are merely just speaking opinions on behalf of the industry.

He added, “DBSK had a huge effect on the Hallyu Wave and on other idol groups walking their own paths, but for the group to separate is the same as throwing cold water on the numerous agencies preparing hard to advance overseas.” The representative also explained that the group’s separation has the potential to damage the reputation of the idol groups who have already successfully advanced into the Japan market.

In addition, through JYJ’s album distributors, Warner Bros, KFPCAI will also be sending out requests to postpone album sales on music sites such as Melon and Dosirak.

Prain, who are JYJ’s PR agency, revealed on October 13th, “They have been so busy all of yesterday and today with their showcase that they have not been able to look into the official letters that were sent out. However they don’t believe it is something to worry too much about.” With regards to SM’s provisional ban request against their new album, Prain said, “We are still currently trying to understand the exact information details on that matter. We will be exchanging discussions with the group’s management company, CJ Entertainment, later this evening.”

Source:Star News
Credits: allkpop
Shared by: DBSKnights

Saturday, May 15, 2010

[NEWS] 100513 SM Entertainment Records Biggest Q1 Profit

SM Entertainment (SM) -- considered one of the top three talent agencies in Korea alongside YG and JYP Entertainment -- saw its most successful first quarter this year, recording the biggest profit the company has ever seen.

According to a press release issued by SM on Thursday, the agency recorded operating profits of 10.4 billion won from January to March this year, up an astounding 471 percent from the same period last year when the total operating profit for the entire year had been 9.3 billion won.

SM's total sales during Q1 was also reported at 22.7 billion won, indicating a growth of about 58 percent for the company.

The increase can be attributable to the success of many of its artists including idol groups Super Junior, SHINee, f(x) and Girls' Generation. With SM-trained pop groups gaining more popularity throughout Asia, the agency is raking in more profits from the their album sales, overseas activities and royalty fees.

SM said that it is expecting the second quarter to be equally successful business-wise since its singers are scheduled to release new records and hold concerts in Asia. In addition, the company is preparing to put out various digital content products such as a digital album for smart phones.

Founded in 1995 by former singer Lee Soo-man, SM quickly became one of the most influential talent agencies in Korea. Lee, who stepped down from SM's board of directors in February, has created and masterminded the successful careers of numerous K-pop artists including BoA, Fly To The Sky, H.O.T. and TVXQ.

SM also manages many songwriters, music producers, comedians and actors including Ara, Choi Jung-yoon and Lee Yeon-hee.

Reporter : Lynn Kim lynn2878@
Editor : Jessica Kim jesskim@
<ⓒ10Asia All rights reserved>


Source: Asia Economic News
Shared by: OneTVXQ.com

Shinkifive - DBSK Forever 5 Designed by Ipietoon © 2008

Back to TOP