HYBE Music Group has reached an impressive milestone. The company reported over 500 billion KRW in revenue for Q1 2025. This figure represents a remarkable 40% increase compared to last year. The surge is attributed to the success of artists like BTS’s J-Hope, SEVENTEEN, TOMORROW X TOGETHER, ENHYPEN, and BOYNEXTDOOR. These global sensations have captivated audiences with their world tours and solo concerts.
Breaking down the revenue figures, direct participation revenue accounted for about 64% of the total, totaling 322.5 billion KRW. This category includes album sales, concert earnings, and advertisements. Concert revenues alone soared to 155.2 billion KRW, more than tripling from the previous year. However, album sales experienced a slight decline. On the other hand, indirect participation revenue, which includes merchandise, licensing, content, and fan club sales, made up around 36% of total revenue, totaling 178.1 billion KRW. Notably, merchandise and licensing revenue rose by 75%, reaching an impressive 106.4 billion KRW.
The operating profit for Q1 2025 stood at approximately 21.6 billion KRW. This marks a significant 50% increase from the previous year. Looking ahead, the outlook for Q2 is optimistic. Most artists under HYBE Music Group plan to resume their activities and tours, along with new album releases. Fans can anticipate exciting upcoming projects. BTS Jin’s second mini-album ‘Echo’ is set to release on May 16, followed by SEVENTEEN’s new album on May 26, coinciding with their 10th anniversary. ENHYPEN is also gearing up for their new album in June after their performance at Coachella. Meanwhile, LE SSERAFIM will begin their first world tour, titled ‘EASY CRAZY HOT,’ targeting fans across Japan, Asia, and North America. Additionally, BOYNEXTDOOR will release their mini-album ‘No Genre,’ while KATSEYE launches their new single ‘Gnarly.’
In an exciting development, a new boy group named Aoen is scheduled to debut on June 11, 2025. This group was selected from the popular Japanese television program ‘Cheer-HIGH ~Dream’s START LINE~.’ They have already built a strong fanbase, creating significant anticipation for their official introduction to the music scene. Furthermore, Big Hit Music plans to unveil another new boy group in Q3, described as a next-generation creator crew. This group is expected to showcase their creativity through music, choreography, and video production, having already contributed to the production of senior artists’ works.
With a robust financial performance and a lineup of exciting projects on the horizon, HYBE Music Group continues to solidify its position as a leader in the global music industry. The company captivates fans and investors alike as it navigates the ever-evolving landscape of the music business.
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.