[theqoo] HYBE'S Q3 OPERATING RESULTS SHOW AN OPERATING LOSS OF 42.2 BILLION KRW AND A NET LOSS OF 50.3 BILLION KRW

Did a little digging :

HYBE America — It oversees major subsidiaries such as SB Projects, Quality Control Media, and Big Machine Label Group. I think it was acquired in 2021 ?

HYBE is also expanding through new ventures like HYBE × Allen’s Universe and its U.S.-based services arm, HYBE | HLS, which handles global distribution, marketing, and promotion. T

While KATSEYE operates under a joint venture between HYBE Corporation (through HYBE America) and Geffen Records. Geffen provides U.S. marketing, promotion, and industry infrastructure, while HYBE brings its training, production, and global IP system. It’s somewhat similar to the former CJ × HYBE partnership for BELIFT LAB, where CJ ENM held a majority stake, though KATSEYE’s exact ownership split has not been publicly confirmed.

Actually a robot. ok.

Quote from jeyikal307

They've been losing money for years.

What IP? There's Katseye and... what else? The other group from... literally the same reality show as Katseye? And then auditions. That's it?

Is the IP they've been developing in the room with us now?

You're acting like they're building a new company from the ground up.

No: They bought a bunch of long-running mostly Scooter Braun concerns for the most part.

So for example, Big Machine is a running business, not in growth phase, QC is a running business, not in growth phase, SB Projects was a running business until HYBE bought it and now it's dead. They have a 49% stake in Geffen, a company that existed for decades before HYBE owned them. None of these should be expected to be losing money. None of them are expanding.

The part that is expanding is the new stuff, like Katseye, the other group from the same show, and the auditions they're holding. This isn't "expansion" in the sense that you frame it. The other k-pop companies have large pools of trainees, auditions around the world, etc. They're all developing new IP. They're not losing near 100 milli every quarter doing it.

Make your next reply without using ChatGPT.

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at this point they are probably debuting new groups to hide whatever the f*ck they do with the money behind the doors, and put the blame on 'expansion' and 'debuts'.

even next year, they are gonna debut 3 new ggs...

again, they don't really care to burn all that money and reduce the profits the sub labels make since they only seem to care about Big Hit and since BTS is gonna tour next year and gonna save their *ss anyway.

but what if bts members don't renew? what are they gonna do past 27/28?

i feel like they have a very short term vision. and just doing some very shady things with the money the company makes...

Quote from Tatiana1820

at this point, they are probably debuting new groups to hide whatever the f*ck they do with the money behind the doors, and blame 'expansion' and 'debuts'.

Even next year, they are gonna debut 3 new ggs...

Again, they don't really care to burn all that money and reduce the profits the sub labels make since they only seem to care about Big Hit and since BTS is gonna tour next year and gonna save their *ss anyway.

But what if bts members don't renew? What are they gonna do past 27/28?

I feel like they have a very short-term vision. And just doing some very shady things with the money the company makes...

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Unfortunately, the company thrives on new IPs, which they neglect after a debut. Quicker than new Jaden Jeong TripleS subunits debuting.

Those boys will renew, as they have more of a freaky relationship with Ozempic King than Mother and her girls. If she said jump, they'd question. If he said jump, they'd say how high.

Quote from BIGnorBANG

Unfortunately, the company thrives on new IPs, which they neglect after a debut. Quicker than new Jaden Jeong TripleS subunits debuting.

Those boys will renew, as they have more of a freaky relationship with Ozempic King than Mother and her girls. If she said jump, they'd question. If he said jump, they'd say how high.

i still feel like both JK and V would rather exit tho. specially for their solo activities.

Quote from Tatiana1820

I still feel like both JK and V would rather exit tho. Especially for their solo activities.

V is likely. JK is I think too profitable for them to lose. However, they do seem to neglect him, according to Army, with his solo career and concerts...

Would be funny if Mother managed to poach V 😂

Quote from BIGnorBANG

V is likely. JK is I think too profitable for them to lose. However, they do seem to neglect him, according to Army, with his solo career and concerts...

Would be funny if Mother managed to poach V 😂

V joining oaak !

that's why hybe is probably ruining his image right now...

oh he's so leaving

[theqoo] HYBE MAJOR LABEL'S PERFORMANCE FOR Q3

BigHit (BTS, TXT, KORUS)

Revenue: 322 billion

Net profit: 23 billion

Pledis (SEVENTEEN, TWS)

Revenue: 227 billion

Net profit: 46.6 billion

Source Music (LE SSERAFIM)

Revenue: 54.8 billion

Net profit: 6.1 billion

ADOR (NewJeans)

Revenue: 24.4 billion

Net profit: 4.5 billion

Belift Lab (ENHYPEN, ILLIT)

Revenue: 113.7 billion

Net profit: 28.6 billion

KOZ (Zico, BOYNEXTDOOR)

Revenue: 48.6 billion

Net profit: 10.7 billion

original post: here

1. Wow NewJeans isn't even promoting and they've earned almost as much as Source;

2. NewJeans is insane

3. Pledis-yah, you're earning so f*cking much, please use that money to sue people

4. NewJeans didn't promote at all, yet they had 24.4 million won of revenue. They're earning so freaking well. Imagine how much they'd earn with promotion

5. KOZ's net profit is so high compared to their revenue. Meanwhile, NewJeans probably had some profit from ads they shot in the past, but they didn't promote at all. Their net profit is also interesting..

6. The way they're in the minus when you add everything is the funniest part ㅋㅋㅋㅋㅋㅋ

7. SEVENTEEN seriously are earning so freaking well

8. What happened with BigHit? All the other labels are earning way more than them... Did they spend over 100 billion over their rookie? Didn't BTS also have a lot of solo concerts and they were able to fill even more seats?

9. KOZ's net profit-revenue is freaking high

so why no one talking about this?

It seems that because it doesn't align with what the fans here are desperately trying to deny, the sheer scale of Seventeen's success, despite all hype the company's disregard, is a painful truth for some.