Big Bang will be raking in the big bucks by earning over 20 billion won with its Japan tour.
Big Bang came back with its new mini album Alive on February 29 and its exclusive concert, which took place from March 2-4.
The group will be following up the Seoul concert with a five city tour in Japan in May and June, and will also be releasing an album in Japan on March 28. As such, Big Bang is expected to score a huge success in the country and record equally impressive numbers in sales in the process.
Jung Yoo Suk, a researcher at LIG Investment & Securities, said, “The Japanese newspaper Sankei Sports reported that Big Bang’s first concert for its world tour was successful. The group will also be releasing an album in Japan on February 28,” showing that he held favorable views about the future of the group in Japan.
“The price of the tickets was 9,500 yen, 26.7 percent higher than the 7,500 yen we originally estimated them to be, and so the estimated sales from the tickets for the 10 concerts will come close to between 18 billion and 26 billion won,” the researcher added.
This means that experts are expecting Big Bang to soar higher in 2012 with its activities in Korea and Japan after overcoming its obstacles from last year.
Lee Sang Heon, researcher from Hi Investment Securities, also said, “We’re expecting YG Entertainment’s overseas royalty sales to start up full-scale thanks to Big Bang and 2NE1. We believe YG will meet its highest performance numbers this year due to the increase in sales of overseas royalties, which yield high profits.”
Source: enewsworld.com
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