What is an acceptable company distribution for FANOMENON?

So FANOMENON is a Kpop festival envisioned as a Korean Coachella planned to take place in 2027. It is being developed as a joint venture involving the Big 4 companies alongside the South Korean Presidential Committee on Popular Cultural Exchange. JYP is a co-chair of the committee.

While I personally don’t have a strong opinion either way on the event myself, people, especially outside of Reddit, seem to hate the idea. One of the main points of contention is whether only acts from the big 4 are going to participate.

While many seem convinced of this, this article by Financial News from October 1st indicates there is a 30% cap of Big 4 company acts.

E: another source, Yonhap News – the other co-chair and Culture, Sports and Tourism Minister Choi Hwi-young said that the big 4 are capped at 30%

As the post title says, what is an acceptable distribution for you assuming the event will happen? Or is the event unacceptable regardless?

submitted by /u/Chelsea_KTBFFH
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