The Hybe Corporation CEO provided an update on BTS The return of the complete group highly anticipated during the annual meeting of the company shareholders in Soul on Monday.
Lee Jae-Sang, CEO, confirmed that all seven BTS members should complete their mandatory military duties by June 2025. He stressed that while the company is actively working with high-level producers to prepare for BTS, the members themselves need time to consider their next steps carefully.
“The company is also discussing with high -level composers and preparations, but the artists (BTS members) must think carefully and prepare”, Lee he said.
“Usually, we work on a song, publish an album and then take a tour, but since BTS has already increased to become the best global artists, we are continuing to discuss their vision and” Next “, so we have to think about the direction and align accordingly,” he added.
BTS’s absence has significantly influenced Hybe’s financial performance. Once responsible for about 95% of the company’s revenues, BTS’s contribution dropped below 20% in 2024 due to the lack of group activities during their enrollment. Despite the high record revenues of 2.25 trillions of years won in 2024, Hybe reported a Size of 38% of the operating profitattributed to the pause of his tip act and the increase in the expenses for the new artists’ new debuts and expansion abroad.
Lee has reassured the shareholders that BTS’s performance will probably increase the profitability of the company. Analysts are projecting A 54% increase in Hybe’s profit once the group has returned and makes a world tour.
Currently, five members of the BTS are still in military service, with their discharge dates scheduled for June 2025. RM and V will complete their service on June 10, followed by Jimin and Jungkook on June 11. Suga, who is acting as a social service assistant due to a shoulder injury, is destined to finish his duties. Meanwhile, Jin and Jin have already completed their military service; Jin was discharged in June 2024 and J-Hope followed in October 2024.
