Wednesday, April 21, 2010

Rain takes in a maximum of 6.5 billion KRW (around $ 5,843,222) in revenues just in recent four months

It turned out that Rain brought his agent 'J.Tune Entertainment, where he is the largest stockholder, a maximum of 6.5 billion KRW (around $ 5,843,222) just in recent four months, just by the earnings from the advertising contracts and the overseas contracts.

South Korea's Financial Supervisory Commission's electronic announcement system report says from last December so far this year (April 20th), "Only at the beginning of this year, Rain now has contracts with SK Telesis (0.6 billion KRW for 6 months - around $ 539,375), China's 'Zhimingde International (1.5 billion KRW for a year - around $1,348,435), Nikon Imaging Korea (1.1 billion KRW for a year - around $ 988,853), and Nature Republic (1.5 billion KRW for two years - around $ 1,348,436).."

Judging from this, he has pocketed over a maximum of 4.2 billion KRW (around $3,775,621)

In addition to this, from last December through the middle of this April, his concerts made a total of 2.24 billion KRW (around $2,013,665) overseas. Each of the following downpayments was paid to him through his overseas concert performances.

0.5 billion KRW (around $449,479 - 2010 Rain Japan Concert on April 17th and 18th), 0.35 billion KRW (around $ 314,636 - Taiwan on January 30th), 0.5 billion KRW (around $ $449,479 - Osaka on January 23rd and 24th), 0.53 billion KRW (around $ 476,447- Las Vegas last December 14th and 25th), 0.36 billion KRW (around $ 323,625- Jakarta last December 3rd)

Rain now has a 6.26% holding (4,407,230 options) in J.Tune Entertainment and is its largest shareholder.

Meanwhile, Rain's title track 'Love Song' for his special album released on April 7th, has been sensationally popular.

Source: Money Today's Star News
Brief translation credit: rain bird@rain-eu.com

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