Song Joong Ki brother’s company is rumored to be bankrupt?
Song Joong-ki brother’s company was established by mortgage loan of Song Joong-ki wedding house bank in Itaewon area in Yongsan-gu, Seoul, which is about to go bankrupt due to loss.
According to sources, the entertainment company founded and operated by his brother Song Joong Ki is having a hard time failing to recruit many stars and cannot compete with other big entertainment companies.
Kbiz’s entertainment industry is a place of intense competition. The entertainment industry in Korea is considered to be the most developed in Asia, when it creates many stars from actors to singers, groups, … So it brings huge economic income. .
So a lot of entertainment companies are established every year, but there are also many bankruptcy companies because they cannot compete with big companies like YG, SM and JYP Entertainment. Most stars want to join big companies so little companies have less chance to grow.
It is known that Song Joong Ki’s brother’s company was established with a mortgage on a house in Itaewon Area in Yongsan-gu, Seoul of Song Joong Ki bought when he married Song Hye Kyo.