HYBE CEO Addresses BTS’s Full Comeback Plans After Profit Declines Due to Members’ Military Enlistment

The CEO of HYBE Company offered an replace on BTS’s extremely anticipated full-group comeback in the course of the firm’s annual shareholders’ assembly in Seoul on Monday.Lee Jae-sang, the CEO, confirmed that every one seven members of BTS are anticipated to finish their obligatory navy duties by June 2025. He highlighted that whereas the corporate is actively working with top-tier producers to organize for BTS’s comeback, the members themselves want time to fastidiously take into account their subsequent steps.”The corporate can also be discussing with top-tier composers and making preparations, however the artists (BTS members) want to think twice and put together,” Lee stated.”Often, we work on a tune, launch an album, after which go on a tour, however since BTS has already risen to turn out to be prime world artists, we’re persevering with to debate their imaginative and prescient and ‘subsequent,’ so we want to consider the route and align accordingly,” he added.The absence of BTS has considerably impacted HYBE’s monetary efficiency. As soon as chargeable for roughly 95% of the corporate’s income, BTS’s contribution dropped to under 20% in 2024 as a consequence of a scarcity of group actions throughout their enlistment. Regardless of record-high revenues of two.25 trillion gained in 2024, HYBE reported a 38% decline in working revenue, attributed to the hiatus of its flagship act and elevated spending on new artist debuts and abroad growth.Lee reassured shareholders that BTS’s return will probably enhance the corporate’s profitability. Analysts are projecting a 54% improve in HYBE’s revenue as soon as the group makes a comeback and goes on a world tour.At present, 5 BTS members are nonetheless serving within the navy, with their discharge dates scheduled for June 2025. RM and V will full their service on June 10, adopted by Jimin and Jungkook on June 11. Suga, who’s serving as a social service employee as a consequence of a shoulder harm, is about to complete his duties on June 21. In the meantime, Jin and J-Hope have already accomplished their navy service; Jin was discharged in June 2024, and J-Hope adopted in October 2024.