HYBE talks about the future activities of the BTS group

HYBE talks about the future activities of the BTS group

Fans have been patiently waiting for their return.

On November 5, during the third quarter performance conference call, MOVES shared his position on the matter BTSfuture activities and sales contribution.

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In the conference, they revealed sales of KRW 528 billion (about $384 million) and KRW 54.2 billion (about $39.4 million) in operating profit for the third quarter of 2024. It decreased by 1, 9% and 25.4% compared to the last quarter. year.

The financial director of HYBE, Lee Kyung Joonhe also expressed his stance regarding BTS’s activities.

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| Cindy Ord/WireImage

“We are currently discussing group activities in 2026 with members.

Although BTS is expected to make significant sales, the dependence on BTS’s sales will not be as high as before as that of new business, and the growth of other artists will also occur.

—Lee Kyung Joon

HYBE plans to continue to develop a diversified revenue model through the growth of other artists and businesses.

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| reddit

On the other hand, CEO Lee Jae Sang expressed gratitude to the shareholders.

Even in difficult circumstances, the artists and employees achieved good results.

—Lee Jae Sang

With this, fans and the industry are anticipating what activities HYBE has in store for 2025.

BTS

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