A small dot makes a big difference The celebrity with a huge debt WORST 7
No.1 J.Y Park
I've never expected.
Do you know that fashion style?
[The Vinyl pants]
(What's that?) Even the artists in his agency are embarrassed by his fashion style
Jackson's face!
His unique way of playing instrument.
- I know this so well - This is so famous!
He always takes the way, which nobody takes
K-POP Columbus, Park JinYoung.
'Columbus' perfectly suits him!
He suffered an enormous loss by pioneering the new way
huh?
What did he try to pioneer?
Oh~ I had a very difficult time.
In 2003, Park JinYoung made the World Star, Rain.
He was being tipped for stardom by
In 2004, the song, which Park JinYoung participated as the songwriter.
Mase
It ranked 4th on the Billboard Chart's album
Wow!
Will Smith,
It ranked 6th on the Billboard Chart's album
Cassie,
It ranked 4th on the Billboard Chart's album
I like this song.
[Amazing]
The albums, which ranked Top 10 on the Billboard Chart's album
Park JinYoung has participated in these 3 albums as the songwriter
The first Korean Songwriter on Billboard Chart
Wow! He's so amazing!
J.Y. Park 's music is acknowledged both at home and overseas
He planned for J Ent. to debut in the States
(Branch out into the U.S. market) It's so meaningful.
In 2006, J.Y. Park established a J Ent. corporation in the States.
He ran the record business in the States
He accelerated the activities in the United States.
For the J Ent. corporation's office,
J.Y. Park purchased the building.
In 2007, the price of the building, about 3.5 billion won.
About 3.5 billion won in 2007..?
And the interior expenses..
He invested about 700 million won for the interior
Wow~ So expensive..
The First Asian Record Producing Management in the United States
Through the collaboration with famous producers in the States
He tried to debut Min of Miss A, Lim JungHee, and G.Soul in the States.
Because of the global financial crisis in 2008
Their debut in the States was cancelled.
So sad...
Why.. at that time..!
I'm going to die.. I might die..!
I think I said these words the most.
Heads (sounds like give up) are what you say when counting cabbage.
in 2007
in 2008
etc. Wonder Girls made a hit on a roll.
J.Y. Park take Wonder Girls to the United States.
Oh~ Right!
That was so sensational!
It was so successful!
Even before PSY!
The First time in Korea! The First time after 50 years in Asia!
It ranked 76th on Billboard Hot 100 Chart.
To continue this aura.
Wonder Girls had had so busy and crazy schedule, living in the bus for several months.
How could they...
They must have suffered a lot..
It's the start from scratch.
There's no connections..
I really want to tell you how much we worked hard..
They're really amazing.
The pioneer!
After going through all sorts of hardships
Except the fact that Wonder Girls are the first Korean singers to enter the top 100 of the main Billboard chart.
J Ent. didn't have any clear achievement.
J Ent. has been so capital impaired since 2009
The J Ent. Corporation in the States has been in the red for 3 years.
About 10.3 billion won!
The times were bad.
Right.
So sad
The U.S. economy is in bad shape at that time
Along with recording studio, he targeted the U.S Market.
And he tried to start many other businesses.
In 2011, J.Y. Park invested about 1.39 billion won, and founded J Creative.
The emergence of deficits of J Creative
Oh No~
About 1.81 billion won for 2 years.
1 year after its foundation, the company went through the process of liquidation
Oh.. he wrap it up.
He must have had tough times.
In the same year, to extend Korean Food abroad.
J.Y. Park invested about 1.08 billion won
and founded J Food. And this J Food opened the Korean Restaurant.
He was a bit too far ahead of the curve
His shocking action, as if he saw the future in advance.
For 2 years, since 2012,
A net loss of about 2.39 billion won total continued.
huh?
He couldn't avoid from the loss.
These days, The whole world fell in love with K-Food
He was a bit too far ahead of the curve
Unfortunately, He failed his business in the States.
So he has plunged about 14.5 billion won into the red
I was in trouble.
J.Y. Park bravely started his business in the States.
But he came back with lots of losses.
Despite this bitter result,
"We've learned so valuable things worth of hundreds of billions of won, while we've challenged, encountered many things for several years"
Wow.. Cool..
He said that he've learned so valuable a lesson, rather than a regret.
Cool!
Later, J.Y. Park gave a full play of the lessons from the United States.
TWICE, the group he newly launched in 2016
It made a great hit by and etc.
Miss A and GOT7 has been constantly on a roll
Even Stray Kids, who won the first prize on
They were all successful .
For the second half of 2018, J Ent. jumped up to the No.1 company in terms of market capitalization in the domestic entertainment field.
Through the new tries, which only Park JinYoung can do, We're looking forward to the new records of J Ent.
No.1 J.Y. Park The Failure from the Business in the States. About tens of billions of won