Skip to content
BTS LIVE

News and Entertainment

  • Home
  • BTS News
  • BLACKPINK Diary
BTS LIVE

News and Entertainment

  • Home » 
  • BTS News » 
  • BTS’s HYBE is the first K-pop company to do this

BTS’s HYBE is the first K-pop company to do this

By army999 23/02/2022
Table of Contents

The annual revenue of HYBE Corporation – the company behind BTS, TXT… exceeded 1 trillion KRW (about 838 million USD) last year.

On February 22, HYBE announced that on a consolidated basis, their annual revenue last year was 1.25 trillion KRW (approximately 1.05 billion USD), an increase of 58% compared to 2020.
Operating profit increased 30.8% to 190.3 billion KRW (approximately $160 million) and net profit increased 62% to KRW 141 billion (approximately $120 million) year-over-year.

Currently, HYBE is the first music company in Korea to achieve annual sales of more than 1 trillion KRW.

Last year, BTS sold 7.4 million albums, while Seventeen and ENHYPEN also sold 3.7 million and 2.2 million albums respectively, 18% higher than the previous year. As a result, album sales increased to 378.5 billion KRW (about 318 million USD).

In addition, singers like Ariana Grande and Justin Bieber of Ithaca Holdings (acquired by HYBE last year), also sold millions of albums. While Ariana Grande sold 2.4 million copies, Justin Bieber sold 2.35 million copies.

In addition, the company earned 707 billion KRW (approximately 594 million USD) in revenue from advertising and artist appearances, with content revenue of 365.9 billion KRW (approximately 307 million USD), all both increased by more than 100% compared to the previous year.

Concert revenue also recorded 49.7 billion KRW (approximately 42 million USD), an increase of about 10 times over the previous year, thanks to the success of BTS’ Los Angeles concert in the US in the fourth quarter of last year.

Share
facebookShare on FacebooktwitterShare on TwitterpinterestShare on Pinterest
linkedinShare on LinkedinvkShare on VkredditShare on ReddittumblrShare on TumblrviadeoShare on ViadeobufferShare on BufferpocketShare on PocketwhatsappShare on WhatsappviberShare on ViberemailShare on EmailskypeShare on SkypediggShare on DiggmyspaceShare on MyspacebloggerShare on Blogger YahooMailShare on Yahoo mailtelegramShare on TelegramMessengerShare on Facebook Messenger gmailShare on GmailamazonShare on AmazonSMSShare on SMS
Post navigation
Previous post

Nobody Is More Whipped For BTS Jin’s Physique Than RM

Next post

BIGHIT MUSIC Announces BTS Concerts For Las Vegas

army999

army999

Related Posts

Categories BTS News BTS’s HYBE is the first K-pop company to do this

BTS’s RM delivers keynote at APEC CEO Summit "K-Pop is like bibimbap, blending identity with global culture”

Categories BTS News BTS’s HYBE is the first K-pop company to do this

HYBE chairman Bang Si Hyuk and BTS’s RM attend opening ceremony of APEC CEO summit

Categories BTS News BTS’s HYBE is the first K-pop company to do this

BTS's Jin sparks pre-reunion speculation at encore concert following his latest Weverse streaming

Categories BTS News BTS’s HYBE is the first K-pop company to do this

BTS's V (Kim Taehyung) teased as the new global ambassador for popular Korean beauty brand TIRTIR

Categories BTS News BTS’s HYBE is the first K-pop company to do this

BTS Jungkook returns as Calvin Klein’s face in bold new shoot

Categories BTS News BTS’s HYBE is the first K-pop company to do this

BTS's Jungkook teases Calvin Klein Spring 2026 collection with NYC night ride video

Categories BTS News

BTS’s RM delivers keynote at APEC CEO Summit "K-Pop is like bibimbap, blending identity with global culture”

29/10/2025

HYBE chairman Bang Si Hyuk and BTS’s RM attend opening ceremony of APEC CEO summit

29/10/2025

BTS's Jin sparks pre-reunion speculation at encore concert following his latest Weverse streaming

29/10/2025

BTS's V (Kim Taehyung) teased as the new global ambassador for popular Korean beauty brand TIRTIR

29/10/2025

BTS Jungkook returns as Calvin Klein’s face in bold new shoot

28/10/2025
Copyright © 2025 BTS LIVE - Powered by Bangtan Colorful.
Offcanvas
  • Home
  • BTS News
  • BLACKPINK Diary