Due to the fame of their performers, including their subsidiaries, HYBE has become a global music powerhouse for top K-pop idols.
The conglomerate’s revenue and net profit come from HYBE brands’ numerous subsidiaries. HYBE issued financial reports on Big Hit Music, Pledis Entertainment, Source Music, ADOR, and KOZ.
Online communities shared HYBE Labels’ income and net profits.
Revenue:
Big Hit Entertainment (BTS, TXT, etc.): 409.5 billion KRW (313 million USD).
Ithaca Holdings LLC (Justin Bieber, Ariana Grande): 119.87 billion KRW (91.9 million USD).
Pledis Entertainment (SEVENTEEN, etc.): 240 billion KRW (183.8 million USD).
Source Music (LE SSERAFIM): 49.1 billion KRW (37.6 million USD).
For musicians like NewJeans, 87.3 billion KRW (66.9 million USD)
KOZ (Zico, BOYNEXTDOOR, etc.): 15.3 billion KRW (11.7 million USD).
Net gain:
Big Hit Entertainment: 107.2 billion KRW (82.1 million USD).
Ithaca Holdings LLC: 4.66 billion KRW (3.57 million USD).
Pledis Entertainment: 43.3 billion KRW (33.2 million USD).
Source Music: 9.4 billion KRW ($7.2 million).
Ador: 20.5 billion KRW (15.7 million USD).
-5.5 billion KRW (-4.2 million USD) KOZ
Hybe’s ambitious expansion and acquisition strategy is driven by its desire to diversify and expand its worldwide entertainment sector position. Through acquisitions and subsidiary integration, HYBE is expanding beyond music production and artist management. Risk mitigation is another strategy behind such expansion. By diversifying its businesses, HYBE can avoid market changes in any one industry. These purchases also allow HYBE to harness synergies between organizations, improving operational efficiency and enabling artist and content cross-promotion and collaboration.
Finally, this expansion aligns
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