J.Y. Park’s Dedication to His Groups: “Success of TWICE and ITZY is Crucial for JYP’s Revenue”

J.Y. Park’s Dedication to His Groups: “Success of TWICE and ITZY is Crucial for JYP’s Revenue”

J.Y. Park Discusses JYP’s Future on KBS Radio

During the November 5th episode of KBS Cool FM’s “Park Myung-soo’s Radio Show,”music mogul J.Y. Park shared insights about JYP Entertainment’s artists and company dynamics with the show’s host, Park Myung-soo.

Artist Success Over Personal Recognition

In a conversation about the agency’s popular groups, Park Myung-soo highlighted that “TWICE is on Hal Myung-soo today, and ITZY has also appeared on the show before.” In response, J.Y. Park expressed a light-hearted sentiment, stating, “They need to succeed more than I do. My success or failure doesn’t affect the company’s operating profit.”

He elaborated on the importance of staying connected to the music scene, emphasizing, “What’s important for me is not losing my sense of the field since I make many key decisions. There’s always the risk of losing that touch.” J.Y. Park further declared, “The real revenue of the company depends on them. TWICE and ITZY are more important than I am.”

TWICE Performance

Proud Achievements in the U.S. Market

When prompted by Park Myung-soo about TWICE’s significant success in the U.S., J.Y. Park beamed with pride, confirming, “Yes, they’re doing well in the U.S.” He also stressed the importance of ITZY’s upcoming release, stating, “My new song ‘Easy Lover’ is relatively less important. We have a large staff, so other artists in the company need to succeed even more,” eliciting laughter from the audience.

Reflections on the Wonder Girls’ Legacy

The dialogue seamlessly transitioned to reminiscences about the Wonder Girls’ ambitious attempt to penetrate the U.S. market. Park Myung-soo reminisced, “When no one else was trying to enter the U.S. market, you took Wonder Girls there. I was amazed, thinking, ‘How did he even come up with that challenge?’”

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A Heartfelt Tribute to His Junior Artists

Reflecting on the past, J.Y. Park acknowledged, “I knew there was less than a 10% chance of success, but I really wanted to try. It was a meaningful challenge, and I’m still grateful and sorry to Wonder Girls for joining me.” His comments underscored his deep affection for TWICE, ITZY, and the Wonder Girls, highlighting that the success of JYP’s junior artists is central to the company’s ethos.

ITZY Performance

Revenue Insights: TWICE’s Dominance

As the conversation continued, Park Myung-soo inquired about JYP’s leading song in terms of copyright revenue. J.Y. Park proudly cited, “Right now, it’s TWICE. While I have many past hits, ‘What is Love?’ is on a completely different level. It became a global hit, outpacing ‘Nobody’ or ‘Don’t Leave Me’ by more than a hundred times.”

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Source & Images: KBIZoom

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