MOMOLAND members Ahin and Jane have opened up about the group's financial struggles, revealing that their success in the K-pop industry did not prevent them from ending their activities with financial losses.
On October 30, the two singers appeared on singer Cao Lu's official YouTube channel, where they discussed MOMOLAND's earnings, past achievements, and the financial difficulties they faced during the COVID-19 pandemic.
During the conversation, Cao Lu brought up the group's popular songs BBoom BBoom and BAAM, asking whether their music videos had reached a combined 1 billion views.
Ahin and Jane agreed that the total was likely around that number.
Cao Lu then pointed out that many people assume successful K-pop idols earn large amounts of money.
"People think idols make a lot of money, don't they? That's absolutely not true," she said with a laugh.
Ahin responded by revealing that MOMOLAND had earned significant revenue but also had considerable debt.
"We had a lot of debt. We earned a lot, but we also had a lot of debt," Ahin explained.
Surprised by the revelation, Cao Lu asked whether the members had finished their activities without receiving any payments from their agency.
Jane clarified that the situation was more complicated.
"It's not that we never received any payments. I think COVID-19 happened around the time we received our first settlement," she explained.
Ahin then revealed how the pandemic affected their financial situation.
"We did receive our settlement, but when COVID-19 happened, our balance kept going further into the negative. By the time our activities ended, we were in the negative," she shared.
Jane reacted to Ahin's direct explanation with a laugh, commenting, "You're being this honest about it?"
Their comments offered a glimpse into the financial challenges K-pop groups can face, even after achieving major success with hit songs and music videos.
MOMOLAND debuted in 2016 with their first mini-album, Welcome to MOMOLAND, and gained widespread recognition through songs including BBoom BBoom and BAAM.
Despite their popularity, the members explained that the COVID-19 pandemic had a significant effect on their finances after they began receiving earnings from their activities.
In 2023, MOMOLAND's exclusive contracts with MLD Entertainment expired, and the members decided to pursue their individual careers.
At the time, the six members shared that they had chosen to support one another's new beginnings while maintaining their bond as a group.
They stated, "Although the six of us will go our separate ways, we will always be one team. Just as our beloved Merries have always stayed by our side, we will always remain with you as MOMOLAND."
Ahin and Jane's latest comments have brought renewed attention to the group's financial experiences, showing that even major achievements such as reaching approximately 1 billion combined music video views do not necessarily guarantee lasting financial success.
Their account also highlights how the timing of the COVID-19 pandemic affected MOMOLAND's earnings despite the group's earlier popularity.