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Hybe, the Korean entertainment group behind BTS, saw revenues and profits both grow by more than a fifth in 2023 as album sales doubled and post-COVID conditions allowed more concerts. The company ...
Yoon was responsible for "the localization of Hybe's K-pop business model in the US" and "oversee[ing] the training, production and marketing process through which new talent is discovered" while Braun focused "on solidifying Hybe's presence in the US music industry" and "cementing [the company's] competitiveness in the stateside market."
YG Plus is the main distributor of Hybe Corporation's products and beNX (now known as Weverse Company) provides content and a platform for YG artists. [100] [101] On May 4, 2021, The Korea Exchange announced that YG was demoted in status from blue-chip companies to regular mid-sized businesses. The blue-chip status had been acquired in April 2013.
Big Hit Entertainment's logo from 2005 to 2021. Big Hit Entertainment was founded on February 1, 2005, [2] and signed the trio 8Eight in 2007. [3] In 2010, the company signed a joint management contract with JYP Entertainment over the boy group 2AM. [4]
Korea’s HYBE, which manages K-pop band BTS, says it’s planning a series of acquisitions and investments in the U.S. entertainment market this year, after withdrawing from a heated battle with ...
HYBE, the company formerly known as Big Hit Entertainment, which is home to BTS, the South Korean pop group, has merged with Ithaca Holdings, the company led by SB Projects (SBP) founder Scooter ...
The world's largest recorded music markets are listed annually by the International Federation of the Phonographic Industry (IFPI). The ranking is based on retail value (rather than units) each market generates respectively per year; retail value generated by each market varies from year to year.
South Korean entertainment giant HYBE has reported a generated revenue of approximately $226 million — an increase of 59.8% — for the first quarter of the year. In 2021, the music company ...