
Singer Lim Young Woong received settlement payments and dividends totaling more than approximately 15.5 billion KRW from the agency Mulgogi Music last year.
According to the audit report disclosed by Mulgogi Music on the Financial Supervisory Service's electronic disclosure system, the service fees for affiliated artists last year amounted to 14.56428 billion KRW. Mulgogi Music is a one-person agency exclusively representing Lim Young Woong, and most of these service fees are known to have been paid to Lim Young Woong. In addition, the company conducted an interim dividend of about 2 billion KRW last year, and Lim Young Woong, as the largest shareholder, received dividends of approximately 1 billion KRW. As a result, the total amount received by Lim Young Woong was estimated to be at least 15.56428 billion KRW.
Meanwhile, Mulgogi Music's sales last year were 32.01662 billion KRW, about a 10% increase from 28.921 billion KRW the previous year. Among the sales, the music, album, and performance sectors accounted for the largest portion at 19.55609 billion KRW. Media content sales also increased more than 14 times, from 470 million KRW the previous year to 6.74316 billion KRW. Operating profit was recorded at 10.62581 billion KRW, and net profit for the period was 9.34658 billion KRW.



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