Hybe tops 1 tril. won in annual sales, first in K-pop industry
Hybe has become the first K-pop management agency to surpass 1 trillion won ($838 million) in annual sales, boosted by successes of its artists led by global…
The company's album sales rose 18 percent from the previous year to 378.5 billion won.
BTS was the leading factor behind Hybe's solid performance, as the album for the group's megahit single "Butter" sold 7.4 million copies. The song stayed on the Billboard's Hot 100 main singles chart for 10 non-consecutive weeks.
Albums by other South Korean boy groups under Hybe ― Seventeen, Tomorrow X Together and Enhypen ― also sold 3.7 million, 1.8 million and 2.2 million copies, respectively.
In addition, albums by Ariana Grande managed by Ithaca Holdings, which Hybe acquired last year, sold 2.4 million copies, and those by Justin Bieber sold 2.35 million copies.
Absolutely mindblowing, and not in a particularly good way either.