K-Pop Agency Profits and Losses: Who's Making the Most Money?
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K-Pop is a major industry in South Korea, estimated to contribute around US$10 billion annually.
Hybe was the highest-earning K-Pop agency in the first quarter of 2022. The agency, which manages BTS, achieved revenue of 284.97 billion Korean won (approximately Rp3.26 trillion) during that period.
Following Hybe were SM Entertainment with revenue of 169.44 billion Korean won (Rp1.94 trillion), YG with 75.52 billion won (Rp862.9 billion), and JYP with 67.79 billion won (Rp774.58 billion).
Hybe also recorded the highest profit among K-Pop agencies in the first quarter of 2022, at 32.54 billion won (Rp371.88 billion).
This was followed by SM Entertainment with a profit of 27.59 billion won (Rp315.1 billion) and JYP with a profit of 16.66 billion won (Rp190.3 billion).
YG was the only K-Pop agency to report a loss in the first quarter of 2022, with a net loss of 72.89 million won (Rp832.47 million).
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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