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!
Billboard1mon
HYBE’s 2024 Revenue Tops $1.6 Billion, But Profit Plunges Nearly 40%
By Elizabeth Dilts Marshall Korean music company HYBE reported on Tuesday that 2024 was its greatest revenue-generating year to date, despite a nearly 40%-plunge in operating profit from the prior ...
Music Business Worldwide5d
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, ...
Sportskeeda29d
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.
NME9d
$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 ...
Music Business Worldwide2d
HYBE’s Weverse launches in-app streaming service, ‘Listening Party’
HYBE’s superfan platform Weverse has launched a new in-app music streaming service called ‘Listening Party’. The new service ...
The Korea Herald1mon
Hybe reports over W2tr won in annual sales for 2nd consecutive year
"This marks the highest annual sales since the firm's founding." According to regulatory filings, Hybe's annual revenue reached 2.255 trillion won, up 3.5 percent from a year earlier. However ...