Singer Lim Young-woong is believed to have received at least 15.5 billion won in settlement money and dividends last year.
According to the electronic disclosure system on the 14th, Lim Young-woong is estimated to have received 14.56428 billion won in service fees and about 1 billion won in dividends from his agency, Fish Music.
Fish Music is a company in which Lim Young-woong holds 50% equity. Lim Young-woong is the agency's only artist.
Fish Music made a total interim dividends payout of 2 billion won last year, and based on the equity ratio, he is believed to have received about 1 billion won. If the service fees in the business report are assumed to belong to Lim Young-woong, the only artist under the agency, Lim Young-woong's revenue last year amounts to a little over 15.5 billion won.
Fish Music also posted 19.55609 billion won in sales last year from digital tracks, albums and concerts. Media content income, including YouTube, came to 6.74316 billion won, more than 14 times the 470 million won a year earlier. As a result, it recorded 10.62581 billion won in operating profit and 9.34658 billion won in net profit.