The headline makes it sound like it’s a “releases sell less” issue, which was also my assumption, but the article basically just puts it down to fewer releases.
airneanach on
It’s always interesting to read these earnings reports/listen to the calls lol
Personally not surprised given this very much having been a touring heavy quarter for Hybe artists. Also think the combination of promoting rookie artists + debuting new ones + the development of both acknowledged and secret new groups had a huge role in the dip. That and the expansion into China and India.
All in all, one rough quarter really doesn’t mean much to a corporation as big as Hybe tbh
daltorak on
This outcome was easy to predict if you look at HYBE’s big album releases:
Q2:
* &TEAM Go In Blind – April
* Seventeen Happy Burstday – May
* Jin Echo – May
* Enhypen Desire Unleash – June
* Illit Bomb – June
* … *I’m probably missing some*
Q3:
* TXT Star Chapter Together – July
* CORTIS debut album – August
* Seventeen Coups x Mingyu – September
* …. *that’s pretty much it*
Q4:
* TWS Play Hard – October
* Boynextdoor The Action – October
* Le Sserafim Spaghetti – October
* &TEAM Back To Life – October
* …. *and that’s just October*
We’re not even halfway through Q4 and it sure looks like they’ve already sold more albums than Q3
kirsion on
Idk, I’m a casual kpop fan but never bought physical albums or merch. But I do go to concerts, I feel like an expriential cost is a better use for my money
TorontoRin on
Unless you’re a photocard goblin there’s really no point in getting albums. People would rather stream the music and then go to a concert. At this point, if anyone can afford to go to these expensive $1400 VIP concerts and $300 nosebleeds due to scalpers or platinum official
6 Comments
**[Mirror link in case you hit a paywall.](https://archive.ph/zuP26)**
The headline makes it sound like it’s a “releases sell less” issue, which was also my assumption, but the article basically just puts it down to fewer releases.
It’s always interesting to read these earnings reports/listen to the calls lol
Personally not surprised given this very much having been a touring heavy quarter for Hybe artists. Also think the combination of promoting rookie artists + debuting new ones + the development of both acknowledged and secret new groups had a huge role in the dip. That and the expansion into China and India.
All in all, one rough quarter really doesn’t mean much to a corporation as big as Hybe tbh
This outcome was easy to predict if you look at HYBE’s big album releases:
Q2:
* &TEAM Go In Blind – April
* Seventeen Happy Burstday – May
* Jin Echo – May
* Enhypen Desire Unleash – June
* Illit Bomb – June
* … *I’m probably missing some*
Q3:
* TXT Star Chapter Together – July
* CORTIS debut album – August
* Seventeen Coups x Mingyu – September
* …. *that’s pretty much it*
Q4:
* TWS Play Hard – October
* Boynextdoor The Action – October
* Le Sserafim Spaghetti – October
* &TEAM Back To Life – October
* …. *and that’s just October*
We’re not even halfway through Q4 and it sure looks like they’ve already sold more albums than Q3
Idk, I’m a casual kpop fan but never bought physical albums or merch. But I do go to concerts, I feel like an expriential cost is a better use for my money
Unless you’re a photocard goblin there’s really no point in getting albums. People would rather stream the music and then go to a concert. At this point, if anyone can afford to go to these expensive $1400 VIP concerts and $300 nosebleeds due to scalpers or platinum official