HYBE Releases Sales & Net Profit Reports Of Their Labels
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What is the start and end date for the sales?
I think it may be just for Q3 2023 as the numbers are in the same ballpark as Hybe Q3 2023 Revenue Tops $400M As Execs Plot 2024 Buildout (digitalmusicnews.com). That means multiply by 4 for yearly revenue and profit.
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Very consistent. All between 16 - 33 percent net profit, with Zico's BG having the greatest ROI and Seventeen having the smallest. The GGs and BTS are in the middle, between 20-25 percent or so.
Still remarkably consistent numbers, great profitability overall, i would say Hybe is firing on all cylinders.
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It depends from what you see it. Pledis have financial problems before if I'm not mistaken before the buyout. They were seeing red or almost going that way if I'm not wrong.
The Ceo or shareholders will have no reason to selling out their share to others if their group is enough to cover everything while giving the company huge profits on top of that just like what Bts to Big Hit. It will be such a huge loss for them anyway. But if they doing the opposite, well in business perspective the company itself facing some issues that need financial help from outside.
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BoyNextDoor profits are impressive having only debuted in May this year. Plus they didn't have a pre-debut show.
Thats why companies like debuting boy groups, because even when on the surface they might not seem mega successful, they can be very profitable.
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What is the start and end date for the sales?
I think it may be just for Q3 2023 as the numbers are in the same ballpark as Hybe Q3 2023 Revenue Tops $400M As Execs Plot 2024 Buildout (digitalmusicnews.com). That means multiply by 4 for yearly revenue and profit.
I also think this is just Q3
this is the report for first half of the year
Quote
HYBE exceeds KRW 1 trillion in half-year revenue for the first time in company's history. HYBE just exceeded KRW 1 trillion in half-year revenue. In a statement made today (8 August), the Korean entertainment powerhouse shared that they recorded a revenue of KRW 1.316 trillion during the first half of 2023. -
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The opposite of Jyp lol. That company is stingy af.
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Very consistent. All between 16 - 33 percent net profit, with Zico's BG having the greatest ROI and Seventeen having the smallest. The GGs and BTS are in the middle, between 20-25 percent or so.
Still remarkably consistent numbers, great profitability overall, i would say Hybe is firing on all cylinders.
BoyNextDoor profits are impressive having only debuted in May this year. Plus they didn't have a pre-debut show.
Thats why companies like debuting boy groups, because even when on the surface they might not seem mega successful, they can be very profitable.
Nah, Zico's KOZ reported negative profits of -5.5 billion won (tho the rate of loss has seemed to decrease since the first half of the yr) - they are a new group so it stands to reason. Give them some time.
The standout is ADOR at 31% net profit one year into debut and the girls getting paid $$ already as we already know. Despite misinformed ppl attributing this to the money afforded the group due to Hybe and payola etc., it's due to the fact ADOR is independently run by MHJ who managed the initial investment (debt) well with an eye towards costs to pay it off.
Producers are usually given a budget and, at best, try to work within that budget to produce 1 MV. Since MHJ is both CEO and producer, she has control over both budgeting and production and was in a better position to be able to see and come up with ways to exploit efficiencies - like the crazy idea of debuting with three title tracks and multiple MVs (sharing some fixed costs reusing footage say in Hype Boy versions). This began to make more sense and be adopted by others (at least the more confident ones) when they saw it was possible for all three title tracks to chart. Also, notice that unannounced drops with minimal marketing, is marketing. When executed well, this strategy counterintuitively can stoke curiosity and create buzz, but obviously also saves costs.
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Nah, Zico's KOZ reported negative profits of -5.5 billion won (tho the rate of loss has seemed to decrease since the first half of the yr) - they are a new group so it stands to reason. Give them some time.
The standout is ADOR at 31% net profit one year into debut and the girls getting paid $$ already as we already know. Despite misinformed ppl attributing this to the money afforded the group due to Hybe and payola etc., it's due to the fact ADOR is independently run by MHJ who managed the initial investment (debt) well with an eye towards costs to pay it off.
Producers are usually given a budget and, at best, try to work within that budget to produce 1 MV. Since MHJ is both CEO and producer, she has control over both budgeting and production and was in a better position to be able to see and come up with ways to exploit efficiencies - like the crazy idea of debuting with three title tracks and multiple MVs (sharing some fixed costs reusing footage say in Hype Boy versions). This began to make more sense and be adopted by others (at least the more confident ones) when they saw it was possible for all three title tracks to chart. Also, notice that unannounced drops with minimal marketing, is marketing. When executed well, this strategy counterintuitively can stoke curiosity and create buzz, but obviously also saves costs.
31 percent net profit for Ador? Wut? 20 billion profit from 87 billion in revenue is more like 23 percent isnt it? What am i missing here?
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So ador has spent 50 million on NewJeans and Source has spent 30 million on Le Sserafim. That can buy a lot of views and streams.
Not bad, I wish my nugu faves could.
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interesting
Every group is mega sucessful
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