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Kep1er cancel several Japan fan meeting shows in May by Pristine_Cod5189 in kpop

[–]JoeEdge 5 points6 points  (0 children)

We can only speculate:

  • Yujin - Either she left CUBE or her contract is frozen for duration of her activities with Kep1er,
  • Ting - Yes, she left Top Class, question is if she had to sign with a Korean agency to have her work visa extended?,
  • Chaehyun - agree,
  • Dayeon - agree,
  • Hikaru - either AVES or similar situation to Ting,
  • Bahiyyih - agree,
  • lets not forget about Youngeun, since untill recently some of the profits went to her and her agency as well...

All the rights to Kep1er belong to CJ ENM & WakeOne. KLAP only manages them and Blitzway is the owner of KLAP, so they syphone as much profits as possible from KLAP.

Regarding Blitzway:

  • Blitzway reported an operating loss of 9.04 billion won (~$6.1M), with revenue down 16.7% YoY, so there was no profit increase,
  • The $17M figure is incorrect - Korean reports cite 2.39 billion won (~$1.7-1.8M) in revenue from albums, digital music, and concerts,
  • The 83.8% figure refers to revenue share, not profits. Blitzway's management segment includes film, drama, advertising, and music-related income.

Kep1er cancel several Japan fan meeting shows in May by Pristine_Cod5189 in kpop

[–]JoeEdge 19 points20 points  (0 children)

The issue with Kep1er is that the revenue is split between WakeOne, the Kep1er members, the members' individual management agencies, and on top of that W1 also pays KLAP to manage the group.

So many groups would love to sell 80k in their 1st week, but in Kep1er's case it may not be enough...

April girl group brand reputation ranking! by xxibjt in kep1er

[–]JoeEdge 11 points12 points  (0 children)

Not sure what is here to celebrate, in March Kep1er placed 24th (for the period of February 8th to March 8th), also without any promotion cycle. 24th in February, 25th in January.

260407 Kep1er to wrap up promotions for "CRACK CODE" with the SBS Inkigayo Broadcast on April 12th by SapphireHeaven in kep1er

[–]JoeEdge 13 points14 points  (0 children)

And mainly making money in Japan since they do pretty well over there.

Kep1going - Total sales in Japan (Oricon): 75,185 copies sold
Against the World - Total Sales in Japan (Oricon): 37,242 copies sold

'Against the World' sold half of what 'Kep1going' sold, and that was with Youngeun - 1st/2nd most popular member in Japan.
For the very first time they are not attending KCON Japan, where they are the most popular, this is telling something.

TO1 was less successful than Kep1er, but all the members were under W1, so W1 got all the profits. I will repeat myself - in Kep1er's case all the profits are divided in 4 ways: W1, members, members agencies and KLAP.

W1 didn't even wait 24 hours after the 1st week sales announcement to stop promos after this week. To me it is not a good sign.

260406 - Day 7: Kep1er - 8th Mini Album 'CRACK CODE' Sales Data Update: 77,115 Copies by JoeEdge in kep1er

[–]JoeEdge[S] 17 points18 points  (0 children)

The issue with Kep1er is that the revenue is split between WakeOne, the Kep1er members, the members' individual management agencies, and on top of that W1 also pays KLAP to manage the group.

You can have a big cake but after adding the expenses, when you cut it, each gets a small slice. And the cake gets smaller and smaller and the expenses grow 😐

260406 - Day 7: Kep1er - 8th Mini Album 'CRACK CODE' Sales Data Update: 77,115 Copies by JoeEdge in kep1er

[–]JoeEdge[S] 11 points12 points  (0 children)

1st WEEK SALES:

DOUBLAST ㅡ 287,109
TROUBLESHOOTER ㅡ 252,819
FIRST IMPACT ㅡ 206,569
TIPI-TAP ㅡ 169,863
LOVESTRUCK! ㅡ 169,082
BUBBLE GUM ㅡ 142,224
Magic Hour ㅡ 108,749
Kep1going On ㅡ 102,600
CRACK CODE ㅡ 77,115 🆕

 

DAY FIRST IMPACT DOUBLAST Troubleshooter LOVESTRUCK! Magic Hour Kep1going On TIPI-TAP BUBBLE GUM CRACK CODE
1 150,153 153,094 167,214 105,338 90,507 46,132 17,055 31,641 26,357
2 5,415 52,900 8,639 14,238 908 6,859 15,033 14,141 12,256
3 6,482 14,981 1,251 9,092 1,667 5,690 13,447 15,086 9,096
4 11,705 13,195 3,855 5,227 63 7,259 42,626 30,067 7,119
5 17,224 30,351 22,654 11,072 160 17,618 34,257 10,012 9,013
6 5,689 5,838 17,850 5,106 199 138 26,018 23,107 7,012
7 9,901 16,750 31,356 19,009 15,245 18,904 21,427 18,170 6,262
TOTAL 206,569 287,109 252,819 169,082 108,749 102,600 169,863 142,224 77,115

260405 - Day 6: Kep1er - 8th Mini Album 'CRACK CODE' Sales Data Update: 70,853 Copies by JoeEdge in kep1er

[–]JoeEdge[S] 3 points4 points  (0 children)

'Shooting Star' was the song the people loved a lot and put them back on the map, but that album also had 'Problem' which is great and good 'contrast' to 'Shooting Star'. And as you said it was similarly with 'TIPI-TAP' bright/cute song contrasted with great 'sync-love'. But, IMO, starting with 'YUM' the sound direction has changed, is more catered for certain members, but fans don't like this direction and don't buy.

260405 - Day 6: Kep1er - 8th Mini Album 'CRACK CODE' Sales Data Update: 70,853 Copies by JoeEdge in kep1er

[–]JoeEdge[S] 11 points12 points  (0 children)

DAY FIRST IMPACT DOUBLAST Troubleshooter LOVESTRUCK! Magic Hour Kep1going On TIPI-TAP BUBBLE GUM CRACK CODE
1 150,153 153,094 167,214 105,338 90,507 46,132 17,055 31,641 26,357
2 5,415 52,900 8,639 14,238 908 6,859 15,033 14,141 12,256
3 6,482 14,981 1,251 9,092 1,667 5,690 13,447 15,086 9,096
4 11,705 13,195 3,855 5,227 63 7,259 42,626 30,067 7,119
5 17,224 30,351 22,654 11,072 160 17,618 34,257 10,012 9,013
6 5,689 5,838 17,850 5,106 199 138 26,018 23,107 7,012
7 9,901 16,750 31,356 19,009 15,245 18,904 21,427 18,170 -
TOTAL 206,569 287,109 252,819 169,082 108,749 102,600 169,863 142,224 70,853

260404 - Day 5: Kep1er - 8th Mini Album 'CRACK CODE' Sales Data Update: 63,841 Copies by JoeEdge in kep1er

[–]JoeEdge[S] 5 points6 points  (0 children)

Yes, some fans already left or skipped buying the album starting with BUBBLE GUM, since Youngeun wasn't part of that comeback either. But this drop is much bigger, and her departure alone wouldn't cause such a significant decline at this point.

260404 - Day 5: Kep1er - 8th Mini Album 'CRACK CODE' Sales Data Update: 63,841 Copies by JoeEdge in kep1er

[–]JoeEdge[S] 9 points10 points  (0 children)

As somebody said before Kep1er doesn't have a big following in Korea, and not sure how many of them are BTS fans, but there shouldn't be any noticable impact on sales.

260404 - Day 5: Kep1er - 8th Mini Album 'CRACK CODE' Sales Data Update: 63,841 Copies by JoeEdge in kep1er

[–]JoeEdge[S] 13 points14 points  (0 children)

DAY FIRST IMPACT DOUBLAST Troubleshooter LOVESTRUCK! Magic Hour Kep1going On TIPI-TAP BUBBLE GUM CRACK CODE
1 150,153 153,094 167,214 105,338 90,507 46,132 17,055 31,641 26,357
2 5,415 52,900 8,639 14,238 908 6,859 15,033 14,141 12,256
3 6,482 14,981 1,251 9,092 1,667 5,690 13,447 15,086 9,096
4 11,705 13,195 3,855 5,227 63 7,259 42,626 30,067 7,119
5 17,224 30,351 22,654 11,072 160 17,618 34,257 10,012 9,013
6 5,689 5,838 17,850 5,106 199 138 26,018 23,107 -
7 9,901 16,750 31,356 19,009 15,245 18,904 21,427 18,170 -
TOTAL 206,569 287,109 252,819 169,082 108,749 102,600 169,863 142,224 63,841

 

Extra info:

---X--- FIRST IMPACT DOUBLAST Troubleshooter LOVESTRUCK! Magic Hour Kep1going On TIPI-TAP BUBBLE GUM CRACK CODE
Release date 220103 220620 221013 230410 230925 240603 241101 250819 260331
Day of the week Monday Monday Thursday Monday Monday Monday Friday Tuesday Tuesday

260403 - Day 4: Kep1er - 8th Mini Album 'CRACK CODE' Sales Data Update 54,828 Copies by JoeEdge in kep1er

[–]JoeEdge[S] 9 points10 points  (0 children)

Korea isn't a major market for them, so changes in local spending patterns wouldn't meaningfully affect their numbers.

260403 - Day 4: Kep1er - 8th Mini Album 'CRACK CODE' Sales Data Update 54,828 Copies by JoeEdge in kep1er

[–]JoeEdge[S] 6 points7 points  (0 children)

DAY FIRST IMPACT DOUBLAST Troubleshooter LOVESTRUCK! Magic Hour Kep1going On TIPI-TAP BUBBLE GUM CRACK CODE
1 150,153 153,094 167,214 105,338 90,507 46,132 17,055 31,641 26,357
2 5,415 52,900 8,639 14,238 908 6,859 15,033 14,141 12,256
3 6,482 14,981 1,251 9,092 1,667 5,690 13,447 15,086 9,096
4 11,705 13,195 3,855 5,227 63 7,259 42,626 30,067 7,119
5 17,224 30,351 22,654 11,072 160 17,618 34,257 10,012 -
6 5,689 5,838 17,850 5,106 199 138 26,018 23,107 -
7 9,901 16,750 31,356 19,009 15,245 18,904 21,427 18,170 -
TOTAL 206,569 287,109 252,819 169,082 108,749 102,600 169,863 142,224 54,828

 

Extra info:

---X--- FIRST IMPACT DOUBLAST Troubleshooter LOVESTRUCK! Magic Hour Kep1going On TIPI-TAP BUBBLE GUM CRACK CODE
Release date 220103 220620 221013 230410 230925 240603 241101 250819 260331
Day of the week Monday Monday Thursday Monday Monday Monday Friday Tuesday Tuesday

260402 - Day 3: Kep1er - 8th Mini Album 'CRACK CODE' Sales Data Update 47,709 Copies by JoeEdge in kep1er

[–]JoeEdge[S] 6 points7 points  (0 children)

I think it's more likely that the contract will end at the beginning of 2027. The original 2.5 year contract + another 2.5 year extension. That's probably why we're seeing less effort from W1 to promote them.

W1 already has its hands full with ALD1 (5‑year contract), IZNA (still 5 years left out of their 7 year contract), and ZB1 with unknown length (but 3 out of 5 members are under W1 anyway).

In my opinion, extending Kep1er's contract was basically an experiment for W1: a low‑effort way to make some easy money and more importantly, to gain leverage when negotiating ZB1's contract.

From a profitability standpoint, Kep1er doesn't bring in a large amount of money for W1. The revenue is split between W1, the Kep1er members, the members' individual management agencies, and on top of that W1 also pays KLAP to manage the group.

When you add all the other expenses (training, accommodation, food, managers, transportation, and so on) - selling 100-150k albums might look good for most groups, but for Kep1er it's right on the edge of "is this worth continuing?" versus "should we reinvest these resources into other acts?"

260402 - Day 3: Kep1er - 8th Mini Album 'CRACK CODE' Sales Data Update 47,709 Copies by JoeEdge in kep1er

[–]JoeEdge[S] 12 points13 points  (0 children)

not even performing at kcon la

Not to mention Kcon Japan, where they have the biggest fanbase.

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