On March 29, Fantagio Entertainment released a securities report that showed that ASTRO, Ong Seong Wu, and ASTRO’s Cha Eun Woo were their highest earners.
According to the report, Ong Seong Wu brought in a total of 7.308 billion won (about $6.45 million) in profits from 2018 to 2020, while Cha Eun Woo brought in a total of 6.458 billion won (about $5.7 million).
Ong Seong Wu, who made his debut in the project group Wanna One, achieved sales records of 1.44 billion won (about $1.271 million) in 2018, 3.125 billion won (about $2.76 million) in 2019, and 3.043 billion won (about $2.685 million) in 2020. In 2020, he released his first solo album “LAYERS” and took on his first rom-com role in the JTBC drama “More Than Friends.”
Cha Eun Woo achieved sales records of 1.378 billion won (about $1.216 million) in 2018, 2.504 billion won (about $2.21 million) in 2019, and 2.576 billion won (about $2.273 million) in 2020. He made his official debut with ASTRO in 2016 and has been active as an actor for several years, appearing in at least one project per year. He made waves with his role in the tvN drama “True Beauty” in 2020 and is currently a fixed member on the SBS variety show “Master in the House.”
Fantagio’s greatest source of revenue is ASTRO, which achieved sales records of 4.116 billion won in 2018, 6.423 billion won in 2019, and 6.314 billion won in 2020. In 2020, ASTRO made up 38 percent of the agency’s sales revenue.
According to the securities report, the ASTRO members’ contract will last until February 2023, while Ong Seong Wu’s goes until August 2024. Fantagio’s girl group Weki Meki’s contract is set to last until August 2024 as well. The report also stated that there are currently 50 artists and trainees signed under exclusive contracts with the agency, with about 31 of those artists having currently debuted. There are no artists whose contracts are set to expire within a year of the report’s release.
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