BLACKPINK Jennie Receives 23.8 Billion KRW from OA Entertainment

BLACKPINK member Jennie earned approximately 23.8 billion won (~$18.3M USD) in settlement payments over a two-year period through her independent label, OA Entertainment. Since establishing the agency to manage her solo career, the artist has seen consistent growth in annual sales.

Key Facts

• OA Entertainment paid Jennie 14.3 billion won ($11M USD) in 2024 and 9.5 billion won ($7.3M USD) in 2025, totaling roughly 23.8 billion won (~$18.3M USD).
• These settlement payments are classified as "cost of sales" in audit reports, representing revenue from advertisements, music, performances, and media appearances.
• In 2024, OA Entertainment recorded 18.9 billion won ($14.5M USD) in sales and 580 million won ($446,000 USD) in operating profit.
• In 2025, annual sales rose 26% to 23.8 billion won ($18.3M USD), while operating profit fell 33% to 390 million won ($300,000 USD) due to higher service fees and expenses.
• Jennie founded OA Entertainment in November 2023 for solo ventures while maintaining a group contract with YG Entertainment for BLACKPINK activities.

Key Terms

• Settlement Payment: Profit distributed to an artist after deducting costs and expenses from total revenue.
• OA Entertainment: An independent agency established by Jennie to manage solo albums, performances, and brand deals.
• Cost of Sales: An accounting category representing the artist's share of income from commercial activities.

Key Quote

"Jennie has continued her Blackpink team activities through YG Entertainment, while conducting her solo activities such as albums, advertisements, and performances through OA Entertainment." — Official Disclosure Summary

Next

• Jennie will continue balancing her independent solo career through OA Entertainment with group activities managed by YG Entertainment.
• Future financial reports will reflect the impact of upcoming solo music releases and global brand campaigns on the agency's operating margins.