BTS’ military service leads to revenue decline for HYBE; CEO Lee Jae-sang anticipates group’s return in 2025
HYBE faces profit decline amid BTS’ military service; CEO outlines plans for Weverse, gaming, and global expansion while anticipating the group’s highly awaited 2025 return. Read more!
Music Business Worldwide6d
You’ve heard of superfan app Weverse. Now the parent company of HYBE’s arch-rival has launched a direct competitor. Meet Berriz.
There’s already a lot to be learned, however, from existing dedicated superfan apps like HYBE’s dominant Weverse platform, ...
Billboard1mon
HYBE’s 2024 Revenue Tops $1.6 Billion, But Profit Plunges 40%
The company says operating profit will rise in 2025 with the return of superstars BTS and improved profitability from Weverse. By Elizabeth Dilts Marshall Korean music company HYBE reported on ...
Sportskeeda1mon
HYBE reports a 4% revenue increase as anticipation for BTS' 2025 reunion boosts investor confidence despite a drop in music sales
On March 3, 2025, Billboard reported that BTS' label, HYBE saw a 4% increase in its revenue and has now reached $1.58 billion in 2024. The increase was recorded despite a general music sales decline.
Billboard9d
How HYBE’s Legal Victory Over NewJeans/NJZ Could End Up Costing the Company
With another court battle looming, will the costs to the K-pop giant ultimately outweigh future benefits? By Elizabeth Dilts Marshall On Sunday (March 23), two days after a South Korean court ...
NME10d
$5million worth of HYBE shares stolen from BTS’ Jungkook by hacker
Yonhap News Agency reported on March 22 that the hacker had opened an unauthorised account under Jungkook’s name in January 2024, which was notably just a month after the K-pop idol had ...
The Korea Herald1mon
Hybe reports over W2tr won in annual sales for 2nd consecutive year
Hybe attributed the decline in annual operating profit to shifts in artist-specific revenue shares and costs related to initial infrastructure investments.