HYBE Stays Committed to Reducing BTS Dependence Despite Full-Group Comeback in 2026
On November 5, HYBE conducted its third quarter performance conference call, providing insights into the company’s financial health and future plans for BTS. The report revealed substantial sales figures of ₩528 billion KRW (approximately $384 million USD) and an operating profit of ₩54.2 billion KRW (around $39.4 million USD) for Q3 2024. However, these numbers indicate a decline of 1.9% in sales and 25.4% in operating profit compared to the same period last year.
During the call, HYBE’s Chief Financial Officer, Lee Kyung Joon, discussed BTS’s upcoming activities, stating, “We are currently in discussions with the members about group activities in 2026.” He emphasized that while BTS is expected to continue generating significant sales, the company’s dependence on BTS’s revenue will lessen as it diversifies its business ventures and fosters the growth of other artists.
CEO Lee Jae Sang also expressed gratitude to shareholders, acknowledging the efforts of artists and employees, stating, “Even through challenging circumstances, our teams achieved commendable results.” This highlights HYBE’s commitment to a sustainable growth model through the expansion of its artist roster and revenue streams.
As fans and industry experts await further announcements, all eyes are on HYBE’s strategic plans for 2025 and how they will shape the future of BTS and the company’s broader artist portfolio.
Netizens’ comments:
- They’d literally be irrelevant without Bangtan, SEVENTEEN, and New.
- I hope they have to rely on nobody once BTS leaves.
- HYBE needs to flop even faster.
- How many years have they been talking about lowering their dependence already?
- ㅋㅋㅋㅋㅋ How many years have they been saying this?
- BTS, time to leave HYBE.
- Their cash cow is completely ruined after the DUI incident. What are they going to do now?
- BTS is down because of the DUI, and now SEVENTEEN is heading for hiatus with enlistment. How do they plan to make money now?
- Let BTS go and focus on your games instead.
- What a joke. Who’s going to believe these lies?
- Imagine your own company claiming they’re reducing their dependence on BTS. Why even say that?
- Seems like they’re scared BTS won’t renew, so they’re making excuses, right?
- Looks like BTS’ contract renewal with HYBE fell apart. Good luck to the members who left.
- So, did BTS finally make their decision?
- Anything that comes out of HYBE’s mouth should be treated as the opposite. We’re all just waiting for BTS to reunite as a full group because that’s the only thing that’ll keep shareholders happy. Nothing else.
- After the recent scandal, all they can do to reassure shareholders is talk about BTS. That’s why they can’t even handle their DUI-dol.
- Fans don’t mind if BTS never returns as a full group, as long as they leave HYBE.
- It’s better for BTS to leave for their own good. I hope no artists are left at that company later.
- Time for a tax audit and a fresh start from zero.
- Is BTS leaving HYBE then? It seems like they keep mentioning “dependence” because they expect them to leave.
