This year, STAYC members each received around 200 million won in settlement.
As reported by Sports Seoul on April 3, High Up Entertainment’s operating profit last year stood at 14.26223 billion won. This amount marks a rise of about 4,045.1 million won compared to the previous year’s 10,217.08 million won.
Last year, STAYC received a total of 1,123.16 million won as settlement money for activities from January to December, excluding incidental expenses. If the six members divide it, each gets about 187.19 million won. This amount is 170.81 million won more than last year’s total activity settlement of 98.25 million won.
The reason for STAYC’s increased settlement amount compared to last year is the group’s increased activity level. After STEREOTYPE, STAYC’s single ASAP surpassed 100 million streams on Spotify.
Especially, Teddy Bear became a fan favorite with its catchy tune and fun ‘Bear Dance’ moves, leading the charts and music shows.
STAYC members are likely to face increased payments next year. Lately, they have been touring Asia, hitting up Taipei, Hong Kong, and Singapore since the start of this year.