FNC Entertainment is said to have spent 8.4 billion won (approximately $7.2 million) in order to attract celebrities and to pay them a signing bonus this year.
During this year, FNC Entertainment signed with high-profile entertainers Yoo Jae Suk, Jung Hyung Don, Noh Hong Chul, Kim Yong Man, Lee Guk Joo, Moon Se Yoon, and Ji Suk Jin, as well as actors Jung Woo and Jung Jin Young, and the rapper Innovator (Hong In Ho).
FNC Entertainment is the third entertainment company to put its name on KOSDAQ, and part of it is due to its aggressive recruitment of celebrities.
However, an insider of FNC Entertainment clarified, “the 8.4 billion won is the amount paid up to the third quarter this year. We cannot disclose the individual amounts.”