and Psy, some of K-pop’s biggest names, even consider it a sign of loyalty and affection to buy shares from the publicly traded companies that house their favourite stars, according to an article bySucceeding in becoming a K-pop idol is extremely difficult and the few that do get to enjoy many financial and cultural privileges.
Entertainment companies put as much as $100,000 on one aspiring artist who then spends years repaying the investment. Those under the contracts often have their eating habits and mobile phone usage monitored while engaging in a romantic relationship is deemed as a breach in the agreement.Entertainment companies’ main concern is to ensure profit by promoting their best-selling products with a big market share; often overlooking ethical implications and human rights.
In February, Lee Seung-hyun, famously known as Seungri from Big Bang, was exposed in a scandal that allegedly involved prostitutes for business investors in the Burning Sun nightclub.that Korean singer-songwriter and TV personality Jung Joon-young was arrested on March 21 on charges for secretly recording sex videos with about 10 women he slept with and sharing them via a mobile chat with his friends, Seungri being one of them.