EXID Makes Profit for the First Time with “Up and Down”
The popular group EXID made their first-ever profit after their song “Up and Down” continued to top various music charts.
According to EXID’s agency Yedang Entertainment on May 6, the group members recently received their income after making their first profit, thanks to winning first place in various music shows with “Up and Down.”
A representative in the agency told Star News, “EXID has made profit for the first time after their debut. Their earnings are finally in the positives three years after their debut in 2012.”
According to the representative, EXID had no significant earnings after their debut in 2012. Before “Up and Down” became popular, the group went on a one-year hiatus and their earnings were actually in the negatives.
EXID’s agency added, “We can’t reveal how much each member received, but we divided the profit equal to how hard they’ve worked till now. Everyone was happy.”
Meanwhile, EXID’s “Up and Down,” which was first released in August of 2014, gained an explosive amount of interest after a fancam of them performing the song went viral online, leading the group to win first place on music shows in January of 2015. EXID then came back with “Ah Yeah” and kept their popularity up by sweeping first place again with several music show wins.