In a revealing report, the financial health of HYBE Labels for 2024 has been disclosed, showcasing the profit and loss statements for its various subsidiaries. This detailed analysis sheds light on net profits, total assets, liabilities, and more, reflecting the dynamic nature of the K-pop industry.

Net Profits by Label

Here’s a look at the net profits generated by each label under the HYBE umbrella:

Big Hit Music

Artists: BTS, TOMORROW x TOGETHER, Lee Hyun

Net Profit: 89,469,140,000 KRW

Big Hit Music continues to be the flagship label, primarily fueled by the massive global success of BTS, whose merchandise and concert tours alone contribute significantly to the bottom line.

Pledis Entertainment

Artists: Seventeen, TWS

Net Profit: 66,307,009,000 KRW

With Seventeen's impressive global tours and fan engagement strategies, Pledis continues to see a robust financial performance, making it a key player in the K-pop scene.

BeLift Lab

Artists: ENHYPEN, ILLIT

Net Profit: 33,064,017,000 KRW

Established from a joint venture, BeLift Lab showcases ENHYPEN as a rising star in the industry, contributing to its steady revenue stream.

ADOR

Artists: NewJeans

Net Profit: 23,944,910,000 KRW

Known for their innovative approach and viral hits, NewJeans are paving the way for ADOR, solidifying their position in the competitive market.

Source Music

Artists: LE SSERAFIM

Net Profit: 6,585,251,000 KRW

LE SSERAFIM's debut has brought in a strong following, yet the label continues to build its brand presence.

KOZ Entertainment

Artists: BOYNEXTDOOR, Zico

Net Profit: 865,066,000 KRW

Although still establishing its foothold, KOZ has the potential to grow as its artists gain more recognition in the coming year.

HYBE Labels Japan

Artists: &TEAM

Net Profit: -3,412,874,000 KRW

Amid tough competition, HYBE Labels Japan is still in a developmental phase, yet the market offers vast potential for future growth.

As the K-pop industry continues to evolve, these financial insights provide a glimpse into the profitability and competitive landscape of HYBE Labels. With innovative marketing strategies and talent engagement, each label is carving its niche in a rapidly changing musical environment. Stay tuned as we monitor these subsidiaries' performance and their impact on the global music scene!