Here’s How Much Money It Takes To Train A Single Trainee For A Year At BigHit Entertainment
BTS famously started from the bottom before they rose like a Phoenix to the top. As much as the fans and the boys themselves are credited for the success, Bang Shi Hyuk also famously invested hugely into the boys. In an interview, the CEO shared just how much it takes to fully train a trainee at BigHit Entertainment just for a year.
It costs about a hundred and twenty million KRW ($110,000 USD) to train a trainee for a year. This value, although provided by Bang Shi Hyuk himself, is not specific to BigHit Entertainment. The CEO claims it to be the average cost for any company to invest in a trainee, given all the proper lessons and training. This value can rise if the company decides to send the trainee for an expensive experience such as overseas training.
Not only this, but the trainees may be provided with dorms, depending on the company. Some trainees may continue to live with their family until their debut team is confirmed. Once their debut teams have been formed, the team will begin living together in dorms for a year and a half. During this time, the company will pay for lodging and food.
Thankfully, companies such as the Big 3 and BigHit Entertainment do not request for trainees to pay this back after debut. This means their artists get to earn money from the moment they start promoting. Other companies may ask their trainees to pay this back after debut and they only start receiving income after the debt is paid back.
It’s certainly not cheap to put together a group!