, peaked at No. 3 on the Billboard 200 in October.
Although SM Entertainment’s largest source of revenue, recorded music, declined 3.7% in 2022, gains in other parts of the business made up for the loss: Concerts jumped tenfold from a pandemic-led slowdown, licensing climbed 62.2% and appearances jumped 48.1%. In the fourth quarter, SM Entertainment’s revenue rose 7.7% to 256.4 billion won . Operating profit rose 70.3% to 25.2 billion won and operating margin improved 9.8% from 6.8% in the prior-year period. Net profit fell 72.7% due in part to the sale of real estate in the fourth quarter of 2021 for 19.7 billion won . The company alsoSM Entertainment’s earnings release arrived amidst a brewing controversy over an investment in the company by its largest competitor, HYBE. In a deal finalized on Feb.
released Feb. 22, Kakao's technological capabilities could help SM Entertainment build a stronger line-up and upgrade online fan platforms. Kakao owns the music streaming service Melon.argued that together the companies have an opportunity to reach more fans and “stand shoulder-to-shoulder with the world’s major record labels.
As usual, you just love to ignore SUPERJUNIOR. You are using their pic just to get clicks but I doubt that you mentioned them in your article. You barely recognized them for having the best fans 2 years in a row. Thanks for the pic!
What's your problem Using SUPERJUNIOR pic but do not mention them This article is also about Sj success
and suju say...
the only mention of suju in the article vs actual sme report
Do not forget to tag SJofficial Yeah you're welcome
Suju contributes so much in sm, even billboard is confused between 'sm entertainment' and 'label sj'
No but first. Why using SJ pict when you only mention them one time? And why NCT dream only? They also have NCT 127 and wayv. Even NCT 127 also have world tour since last year
SuperUkissBang Since when is Billboard so interested in SM? This whole marketing charade stinks from the other side of the world...🙄
Click bait
This is SM Ent. You are welcome!!
If you show a Suju photo, at least you should add them in concerts revenues :
You could have at least mentioned SUPERJUNIOR's name, something about them instead of using their pic .. for what? BY MANDY DALUGDUG FEBRUARY 21, 2023
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