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In a remarkable showcase of growth, HYBE has reported revenue exceeding 500 billion KRW for Q1 2025. This marks the highest performance in this traditionally slow period since the company began. The impressive figure represents a 39% increase compared to last year. This growth is fueled by the ongoing success of its artists under the HYBE Music Group, including BTS and SEVENTEEN.
While many artists typically take a break in the first quarter, key figures like J-Hope from BTS, SEVENTEEN, TOMORROW X TOGETHER, ENHYPEN, and BOYNEXTDOOR have actively engaged with fans. They have done this through world tours and solo activities. This active strategy has significantly contributed to HYBE’s revenue spike, particularly in concert sales, which tripled to 155.2 billion KRW.
The revenue breakdown reveals that direct participation, including album sales, concerts, and advertisements, accounted for about 64% of total income. Indirect participation revenue, which includes merchandise and licensing, contributed around 36%. Notably, merchandise and licensing revenue surged by 75%, reaching 106.4 billion KRW. This highlights the growing fan engagement and support for HYBE’s offerings.
Operating profit for this quarter rose by an impressive 50% year-on-year, reaching 21.6 billion KRW. This reflects the company’s effective strategies and the strong market demand for its artists’ works. Looking ahead, the outlook for Q2 appears bright. Most artists from the HYBE Music Group plan to resume activities, with new album releases on the horizon.
Fans can anticipate notable upcoming releases, including BTS Jin’s mini-album "Echo," SEVENTEEN’s 10th-anniversary album, ENHYPEN’s new album, and the much-anticipated first world tour of LE SSERAFIM. Additionally, a new boy group named aoen, selected through a Japanese TV program, is set to debut on June 11. Another boy group from Big Hit Music is expected to launch in Q3, promising fresh and innovative approaches to music and performance.
As HYBE continues to break records and expand its influence in the music industry, the synergy between its artists and the company’s strategic vision signals a thriving future for the organization and its dedicated fanbase. This growth not only showcases the power of K-pop but also reflects the evolving landscape of the global music market. The impact of digital streaming and artist collaborations further enhances HYBE’s potential to engage with fans worldwide.
This article has been written by Kpopmap AI writer and while we have made efforts to ensure the accuracy of the article, there may be errors or inaccuracies.
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