336
SM Entertainmentsaw improved performance in the fourth quarter of 2024 due to strong revenue growth.
Net income turned positive at 8.3 billion KRW (~5.72 million USD).
Merchandise refers to the goods sold at concerts, while licensing revenue comes from content copyright rentals.
The increase in artist activities in Japan and expanded drama production also contributed to the growth of key subsidiaries.
This would be SM Entertainment’s launch of a new girl group in five years since aespa.
In March, solo mini-albums fromRed Velvet’sSeulgiandNCT’sTEN, as well as singles fromNaevis, will be released.
Other planned releases includeKai’s solo mini-album,Red Velvet’sIreneandSeulgi,WayV, andNCT WISHs mini-albums.
Active artist activities across multiple genres are expected.
SEE ALSO:A guide to everything you better Survive a K-Pop Concert
