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JYP Entertainment‘s CEO, Park Jin Young (also known as JYP and J.Y. Park), recently revealed which of his songs bring him the most royalties.
On November 1, Park Jin Young and HYBE‘s chairman Bang Si Hyuk appeared as guests on tvN‘s talk show You Quiz on the Block, where they conversed with hosts Yoo Jae Suk and Jo Se Ho about their friendship and careers.
During the broadcast, Jo Se Ho revealed the estimated wealth of Bang Si Hyuk and Park Jin Young, according to Forbes.
Forbes estimates that Bang Si Hyuk’s wealth is $29 billion, and Park Jin Young’s is ₩522 billion KRW (about $399 million USD).
— Jo Se Ho
They then revealed that they received lots of royalties from writing brand songs for large firms. Park Jin Young composed the KBS brand music, and Bang Si Hyuk created the Homeplus business music. When Yoo Jae Suk jokingly requested them how a lot they acquired for these brand songs, Park Jin Young responded proudly.
At that point, it was on the high of my year-end settlement. Among my songs, it saved arising. The producer requested me to jot down it, so I had no selection, however now it’s fairly good. I nonetheless get cash coming in now. Consistently.
— Park Jin Young
Yoo Jae Suk expressed his amazement and joked that writing a brand music was the “goldmine” for earning money. He then requested Park Jin Young which of his songs he acquired essentially the most royalties for, and Park Jin Young named one among his teams.
Recently, it’s surely, TWICE songs. The scale is simply totally different.
— Park Jin Young
According to the Korea Music Copyright Association (KOMCA), Park Jin Young has 626 registered songs. He wrote for a lot of of his artists, from 2000s musicians like Rain and god to more moderen teams like Stray Kids and TWICE. It seems that, presently, he receives essentially the most cash from TWICE’s songs.
Composed of 9 members, TWICE is a bunch that was fashioned by means of the tv program Sixteen in 2015. They debuted with the music “Like Ooh-Ahh” and gained international success with their hit songs “Cheer Up,” “TT,” “KNOCK KNOCK,” “FANCY,” “Dance the Night Away,” and “The Feels.” As of March 2023, TWICE has greater than 204 launched songs.
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Content Source: www.koreaboo.com