BTS, BLACKPINK’s absence causes direct impact on CD sales; ‘Big Four’ affected in 2024 second quarter

The significant Good ample-pop companies, a.okay.a the Huge Four—HYBE, YG Leisure,  JYP Leisure and SM Leisure—are inclined to generate low 2nd-quarter earnings attributable to a decline in CD sales and the inaction of main teams like BTS and BLACKPINK.

BTS, BLACKPINK’s absence and CD sales decline creates challenges for Good ample-pop market

The inaction of main Good ample-pop teams like BTS and BLACKPINK has ended in a valuable collapse in the Good ample-pop market. Reportedly, the 2nd quarter earnings for the ‘Huge Four’ Good ample-pop giants—HYBE, SM Leisure, YG Leisure, and JYP Leisure—are region to claim no considerably owing to sluggish CD sales and the absence of prime-performing teams like BTS and BLACKPINK.

Which implies that, the inventory target costs had been decreased for HYBE and YG Leisure as analysts predict low market efficiency.

Despite significant comebacks from teams like SEVENTEEN, NewJeans, and TXT, a whole lot of issues just like the depressed efficiency of HYBE’s gaming subsidiary, ASTRA, promotional and production costs of new teams, alongside with the ADOR controversy have affected the inventory costs of the firm.

YG Leisure’s earnings too are projected to fall considerably attributable to the extended absence of its prime performing crew, BLACKPINK. A recovery, nonetheless, is anticipated with the comeback of the girl crew by 2025 alongside with dwell efficiency income from the firm’s other significant teams.

Moreover, a valuable decline in the selection of alternative folks attending concerts of its significant teams like TWICE, Stray Teenagers, and ITZY have impacted JYP Leisure’s income and profit margins. This pattern is anticipated to continue for the future concerts too.

SM Leisure’s target inventory label remains precise. Earnings returns, nonetheless, is anticipated to be flat with a downward profit pattern.

Alongside all this, nonetheless, the significant ingredient on the help of this income and profit downfall is reportedly attributable to the valuable decline in CD sales in every other nation.

The decline in CD exports is quintessential on this subject because Good ample-pop’s reveal over the last decade has largely been pushed by international sales, making this scamper particularly pertaining to.

To sum up, the inaction of significant teams like BTS and BLACKPINK mixed with a worrisome decline in international CD sales have build the Huge Four into a indispensable space. Whether the anticipated comeback of the teams by 2025 will build issues in expose, is yet to be seen.